Staking Insider #30: The EigenLayer Restaking Ecosystem

GM fellow staker,

With restaking reaching fever pitch and the Bitcoin halving just over a week away, there's never a dull moment in crypto. Let's get edition #30 started...

🗺️ The EigenLayer Ecosystem Map

Restaking is the hottest narrative in crypto & EigenLayer is leading the charge.

EigenLayer is a restaking protocol built on Ethereum. Their highly anticipated mainnet went live this week, alongside EigenDA and 6 other Actively Validated Services (AVSs)

EigenLayer’s run up has been nothing short of spectacular. In just a few months since launching their testnet, they have risen to become the second largest protocol on Ethereum, with $13.5B+ in TVL.

This week, we dropped an ecosystem map (see below), to give you a better view of the entire EigenLayer landscape. View the map in full detail & learn more about EigenLayer via the new article on our website.

View the Ecosystem Map

📢 Stake on the fastest growing non-EVM L1

TON is the fastest growing non-EVM L1.

The total market cap of TON is currently $24.92b, growing by 67.42% over the past 30d alone.

As of today, only 13.12% of TON holders are staking their tokens.

In comparison, the percentage of token holders staking on other top PoS networks is much higher, Solana (65.46%), Cardano (63.58%) or AVAX (56.01%). That leaves a lot of room for staking on the network to grow!

Taking a conservative view, imagine if the staking ratio of TON hit 50%. This would mean the Staking Market Cap of TON alone would be worth $11.74B at today’s current market price.

To support the growth of TON’s staking ecosystem, we have partnered with Tonstakers, the #1 liquid staking pool on the network.

Stake for as little as 1 TON and earn 4.44% APY

Stake with Tonstakers

📰 Weekly Briefing

Here’s this week’s top news from the world of staking…

• Berachain's Funding Round Increases to $100 Million
• EigenLayer Introduces Six Actively Validated Services (AVSs)
• Paradigm leads $225 million round for Monad Labs
• Karak wants to introduce ‘universal restaking’ for everyone

🎥 Staking Insider Podcast: IBC Beyond Cosmos

The Composable Foundation are on a bold mission to connect IBC to the world.

Picasso Network, which is part of Composable, has already successfully integrated IBC with Ethereum, enabling the transfer of assets and data natively from Ethereum to the Cosmos Hub.

Mirko spoke with Jafar (Dev Rel at composable) about the issue with other bridging protocols, Solana restaking & more

Watch the Full Conversation

🤝 New Asset Integration: ZetaChain

We've partnered with ZetaChain to support the growth of their staking ecosystem.

ZetaChain provides a platform for developers to build omni-chain smart contracts. This allows users to manage assets across multiple chains.

Get a clearer view of staking on ZetaChain:

- Calculate your rewards from staking ZETA
- Analyze 20+ staking data metrics
- Explore all ZETA staking providers

Explore ZETA staking

🎟️ Staking Summit Early Bird Tickets

Early bird tickets for this year's Staking Summit are back on sale, for a limited period only.

Join 1000+ attendees from across the staking industry, for what promises to be the biggest Staking Summit ever!

Buy tickets