Restaking will spark the next big rush of money into crypto
Platforms including EigenLayer, Symbiotic and Karak are charting new territory on the frontier of restaking.
Institutional investors are finally embracing cryptocurrency staking, and not a moment too soon. Restaking — a more versatile approach to securing blockchain protocols — is already reshaping Web3. It will transform crypto investing and propagate a completely new asset class in financial markets.
Staking involves securing blockchains — such as Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) — by posting crypto as collateral with validators in exchange for network fees. Restaking extends the same “crypto-economic security” across the entire Web3 ecosystem, from layer-2 scaling networks to Web3 protocols and off-chain apps.
Restaking platforms — such as EigenLayer, Symbiotic and Karak — collectively command almost $13.5 billion worth of restaked crypto collateral, according to data from DeFiLlama. Eigenlayer is the largest by far, commanding nearly $11 billion in total value locked (TVL) as of Sept. 17.
Platforms including EigenLayer, Symbiotic and Karak are charting new territory on the frontier of restaking.
Institutional investors are finally embracing cryptocurrency staking, and not a moment too soon. Restaking — a more versatile approach to securing blockchain protocols — is already reshaping Web3. It will transform crypto investing and propagate a completely new asset class in financial markets.Staking involves securing blockchains — such as Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) — by posting crypto as collateral with validators in exchange for network fees. Restaking extends the same “crypto-economic security” across the entire Web3 ecosystem, from layer-2 scaling networks to Web3 protocols and off-chain apps.Restaking platforms — such as EigenLayer, Symbiotic and Karak — collectively command almost $13.5 billion worth of restaked crypto collateral, according to data from DeFiLlama. Eigenlayer is the largest by far, commanding nearly $11 billion in total value locked (TVL) as of Sept. 17.Read more