Staking Insider #31: The EigenLayer AVS Explorer

GM fellow staker,

What’s new in the $324.76b staking (and restaking) market this week? Let’s explore with edition #29…

🚢 Introducing the EigenLayer AVS Explorer

EigenLayer launched on mainnet just under a month ago, shortly followed by 9 new AVS projects. 

We’ve just shipped a new explorer on our website, to give you a clearer view on all active AVSs. View them via the Actively Validated Services filter on our asset page.

Compare AVSs side-by-side and sort by their total Restaked ETH, the number of active Operators and the total accumulated Economic Security (in $) provided by the operators.

Explore each individual AVS in detail, with a full graphical breakdown of Restaked Assets and complete historical breakdown of the above metrics.

View the AVS explorer

📰 Weekly Briefing

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

• The Eigen Foundation Release Details on their EIGEN token 
• Liquid Restaking Protocol Renzo Airdrops REZ Token, Debuts at $289M Market Cap
• AltLayer introduces reALT token in second phase of staking program
• Celestia liquid staking protocol MilkyWay raises $5 million ahead of token launch 
• Build on Bitcoin (BOB) Launches Mainnet With Over 40 Apps

🔺Welcoming 2 x LSTs on Avalanche

Say hello to two new LSTs integrations on Avalanche this week, $sAVAX and $ggAVAX.

For both, you can now use our website to calculate your rewards over time, track peg accuracy & find the best rate to swap or stake.

Let’s take a quick glimpse at both respectively…

$sAVAX, or BENQI Liquid Staked AVAX,  is the largest LST on Avalanche, commanding a market cap of $251.75m.

❯ Reward Rate = 5.73%

❯ Peg Accuracy = 99.7%

$sAVAX is the largest LST on Avalanche, commanding a market cap of $251.75m.

❯ Reward Rate = 5.73%

❯ Peg Accuracy = 99.7%

🎉 Ethereum Hits 1m Validators

Ethereum staking cannot be faded.

This weekend, we’re raising a glass to Ethereum hitting 1 million validators this week (currently at 1,004,025 in total).

Despite a choppy crypto market, Net Staking Inflows on Ethereum have been positive over the past 30 days. The sea of green inflows can be viewed via the ETH Staking Performance chart on our website.

🥛 Modular Liquid Staking on Celestia: $milkTIA

MilkyWay is the first liquid staking protocol tailored for Celestia.

Having announced a $5 million seed round raise this week, MilkyWay is building an interwoven staking hub for the modular ecosystem!

$milkTIA, the first LST on MilkyWay is now available via our website & Staking Data API

Drink up frens

🔔 Personalized Yield Alerts

Ever worried you are missing the boat with yields?

If you hold LSTs, we’re working on a new feature that may provide you some relief!

Maximize your yield earning potential and sign up to test our new personalized yield alert feature. Spaces are limited!

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