The post Capital Shifts from EigenLayer’s $16.7B to Symbiotic Finance’s $1.27B; 4.9M ETH Restaked Valued at $15B appeared on BitcoinEthereumNews.com.

The restaking landscape is witnessing a shift as capital flows from EigenLayer to Symbiotic Finance The restaking landscape is witnessing a shift as capital flows from EigenLayer to Symbiotic Finance. EigenLayer currently boasts a total value locked (TVL) of approximately $16.7 billion, while Symbiotic Finance’s TVL stands at $1.27 billion. Analysts are questioning the rationale behind continuing to stake in EigenLayer given its higher TVL compared to Symbiotic’s significantly lower figure. EigenLayer has also reported that 4.9 million ETH has been restaked, valued at around $15 billion. This trend suggests a growing interest in Symbiotic Finance as investors seek better opportunities in the restaking market. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/defi/capital-shifts-eigenlayer-s-16-7b-to-symbiotic-finance-s-1-27b-4-9m-eth-restaked

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Filed under: News - @ July 26, 2024 10:10 pm