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EigenLayer
Restaking$EIGENTVL: $10B+

EigenLayer

About EigenLayer

EigenLayer introduces the concept of restaking — allowing ETH stakers to rehypothecate their staked ETH to secure additional services (Actively Validated Services or AVSs). This extends Ethereum's security to new protocols (bridges, oracles, DA layers) while providing restakers with additional yield. EigenLayer is one of the most significant DeFi innovations of 2023-2024.

Supported Networks

Key Features

  • ETH and LST restaking
  • Actively Validated Services (AVS)
  • Programmatic slashing
  • Operator delegation
  • Points system
  • Multiple AVS security
  • Shared security model

Risks

  • Restaking risk amplification
  • Smart contract risk
  • Cascading slashing scenarios
  • Governance centralisation
  • Regulatory uncertainty
  • Complexity of multi-AVS positions