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Liquid Restaking Protocols Take Over

Will Ether.fi challenge Lido's staking dominance?
Liquid Restaking Protocols Take Over
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Restaking is one of the biggest crypto investing narratives of 2024, and with EigenLayer's mainnet now up and running, the excitement is only growing.

EigenLayer is not just another protocol; it’s a money lego that can be used by others as a building block to create different financial applications. The coolest thing to emerge from this is the concept of liquid restaking. There are now apps that let you restake your ETH using EigenLayer, and they’re making waves in the ecosystem, attracting billions of dollars.

There’s a noticeable shift happening with how people are staking their ETH. More and more are choosing restaking protocols over the usual liquid staking options. In fact, Lido is seeing more ETH leaving than any other protocol. On the flip side, restaking platforms like Ether.fi and Renzo are getting the most new inflows.

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Jun

Written by Jun

30 Articles View all      

Mostly focused on memes, crypto and AI.

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