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News Explorer — EigenLayer Now 5th Largest DeFi Protocol With $4.6 Billion in Locked Assets

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Feb 14, 2:32 pm

Coindesk

EigenLayer Now 5th Largest DeFi Protocol With $4.6 Billion in Locked Assets

EigenLayer, a liquid restaking platform, has become the fifth largest protocol in DeFi after receiving $4.3 billion in inflows over the past 10 days. The removal of the staking cap and increasing asset prices have contributed to this surge in value. EigenLayer now has $1.9 billion worth of wrapped ether and $2.7 billion worth of staked ether locked on its protocol.

EigenLayer, a liquid restaking platform, has become the fifth largest protocol in DeFi after receiving $4.3 billion in inflows over the past 10 days. The removal of the staking cap and increasing asset prices have contributed to this surge in value. EigenLayer now has $1.9 billion worth of wrapped ether and $2.7 billion worth of staked ether locked on its protocol.

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