EigenLayer DeFi restaking protocol has TVL reaches $7.2 billion

defillama.com/protocol/eigenlayer

EigenLayer the pioneer in DeFi restaking protocol has TVL reaches $7.2 billion on Feb 16, 2024.

app.eigenlayer.xyz

Users can use ETH or liquid staking tokens to restake their tokens using EigenLayer protocol.

EigenLayer is similar to a node validator for layer 2. Users can delegate ETH or liquid staking tokens such as stETH, rETH, wBETH to EigenLayer.

EigenLayer will use delegated tokens to stake layer 2 and run validator nodes and pay yields back to EigenLayer's users.

EigenLayer currently supports the following tokens:

1. ETH (Ether)

2. stETH (Lido)

3. rETH (Rocket Pool)

4. cbETH (Coinbase)

5. wBETH (Binance)

6. osETH (Stakewise)

7. swETH (Swell)

8. AnkrETH (Ankr)

9. EthX (Stader)

10. OETH (Origin ETH)

11. mETH (Mantle)

12. lsETH (Liquid Staked)

13. sfrxETH (Frax)

EigenLayer will increasingly add new tokens in the future. If you have ETH or liquid staking tokens you can restake them with EigenLayer.