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Analysis

The Next Crop of Restaking Tokens

Five airdrops to hunt on the restaking frontier.

The Next Crop of Restaking Tokens

With EIGEN rolling out the second phase of its major drop, restaking bulls are wondering what comes next.

In the Bankless Airdrop Hunter, our analysts have been dialing into the tokenless restaking protocols that are poised to hit it big – focusing on both the liquid restaking token projects built around EigenLayer and the more ambitious competitors trying to straight-up topple EigenLayer's kingpin status.

EigenLayer's EIGEN drop wasn't received all that well by the crypto community, and as recipients wait for their stakedrop tokens to unlock, depositors are actively scouring for new opportunities. While Karak Network's multi-chain solution has seen some momentum since EIGEN's release, there's been considerable hype around Lido's backdoor entry to the space through Symbiotic, a fresh restaking protocol backed by Lido's founders.

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Jack Inabinet

1036 posts

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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