RestakingTVL: $1B+

Symbiotic

About Symbiotic

Symbiotic is a restaking protocol backed by Paradigm and Lido founders. It takes a more modular, permissionless approach compared to EigenLayer — any ERC-20 token can be used as restaking collateral (not just ETH/LSTs). This flexibility allows DeFi protocols to create customised security models.

Supported Networks

Ethereum

Key Features

Multi-asset restaking (any ERC-20)
Modular architecture
Permissionless network creation
Customisable slashing conditions
Vault system for collateral
Cross-protocol composability

Risks

Very new protocol risk
Smart contract risk
Multi-asset slashing complexity
Untested security models
Competition with EigenLayer

Community & Socials

Website Twitter / X Discord

More Restaking Protocols

EigenLayer

Restaking · TVL: $10B+

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.