• bitcoinBitcoin (BTC) $ 117,528.00
  • ethereumEthereum (ETH) $ 3,129.70
  • xrpXRP (XRP) $ 2.91
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 689.04
  • solanaSolana (SOL) $ 163.86
  • usd-coinUSDC (USDC) $ 0.999843
  • dogecoinDogecoin (DOGE) $ 0.198764
  • staked-etherLido Staked Ether (STETH) $ 3,126.60
  • tronTRON (TRX) $ 0.300111
  • cardanoCardano (ADA) $ 0.744537
  • hyperliquidHyperliquid (HYPE) $ 48.15
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 117,359.00
  • suiSui (SUI) $ 4.08
  • stellarStellar (XLM) $ 0.449318
  • wrapped-stethWrapped stETH (WSTETH) $ 3,777.18
  • chainlinkChainlink (LINK) $ 16.03
  • bitcoin-cashBitcoin Cash (BCH) $ 497.23
  • hedera-hashgraphHedera (HBAR) $ 0.230813
  • avalanche-2Avalanche (AVAX) $ 22.41
  • wrapped-eethWrapped eETH (WEETH) $ 3,354.20
  • leo-tokenLEO Token (LEO) $ 8.83
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • the-open-networkToncoin (TON) $ 3.10
  • wethWETH (WETH) $ 3,130.08
  • litecoinLitecoin (LTC) $ 96.05
  • usdsUSDS (USDS) $ 0.999630
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 44.35
  • polkadotPolkadot (DOT) $ 4.07
  • moneroMonero (XMR) $ 334.50
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 117,592.00
  • uniswapUniswap (UNI) $ 9.38
  • pepePepe (PEPE) $ 0.000013
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • bitget-tokenBitget Token (BGB) $ 4.54
  • aaveAave (AAVE) $ 326.54
  • bittensorBittensor (TAO) $ 436.85
  • daiDai (DAI) $ 1.00
  • pi-networkPi Network (PI) $ 0.447017
  • crypto-com-chainCronos (CRO) $ 0.107736
  • aptosAptos (APT) $ 5.09
  • nearNEAR Protocol (NEAR) $ 2.66
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • internet-computerInternet Computer (ICP) $ 5.59
  • ondo-financeOndo (ONDO) $ 0.935272
  • ethereum-classicEthereum Classic (ETC) $ 19.00
  • okbOKB (OKB) $ 47.71
  • jito-staked-solJito Staked SOL (JITOSOL) $ 199.69
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • algorandAlgorand (ALGO) $ 0.282821
  • pump-funPump.fun (PUMP) $ 0.006762
  • mantleMantle (MNT) $ 0.711710
  • bonkBonk (BONK) $ 0.000030
  • kaspaKaspa (KAS) $ 0.087613
  • ethenaEthena (ENA) $ 0.358062
  • usd1-wlfiUSD1 (USD1) $ 0.999921
  • sei-networkSei (SEI) $ 0.378369
  • vechainVeChain (VET) $ 0.025129
  • arbitrumArbitrum (ARB) $ 0.433687
  • cosmosCosmos Hub (ATOM) $ 4.66
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.232256
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.032627
  • render-tokenRender (RENDER) $ 3.91
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.744294
  • fasttokenFasttoken (FTN) $ 4.51
  • susdssUSDS (SUSDS) $ 1.06
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,132.87
  • official-trumpOfficial Trump (TRUMP) $ 9.48
  • worldcoin-wldWorldcoin (WLD) $ 1.08
  • gatechain-tokenGate (GT) $ 15.56
  • filecoinFilecoin (FIL) $ 2.64
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 117,507.00
  • skySky (SKY) $ 0.078259
  • quant-networkQuant (QNT) $ 113.86
  • binance-staked-solBinance Staked SOL (BNSOL) $ 173.94
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.77
  • jupiter-exchange-solanaJupiter (JUP) $ 0.513587
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,282.04
  • kucoin-sharesKuCoin (KCS) $ 11.59
  • spx6900SPX6900 (SPX) $ 1.59
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,567.04
  • usdtbUSDtb (USDTB) $ 0.999705
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996157
  • celestiaCelestia (TIA) $ 1.97
  • usdt0USDT0 (USDT0) $ 0.998630
  • nexoNEXO (NEXO) $ 1.32
  • injective-protocolInjective (INJ) $ 13.44
  • story-2Story (IP) $ 4.43
  • blockstackStacks (STX) $ 0.805832
  • fartcoinFartcoin (FARTCOIN) $ 1.24
  • optimismOptimism (OP) $ 0.700988
  • xdce-crowd-saleXDC Network (XDC) $ 0.075470
  • flare-networksFlare (FLR) $ 0.017446
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,289.91
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,341.50
  • sonic-3Sonic (S) $ 0.357108
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 117,530.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999814
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.68
  • dogwifcoindogwifhat (WIF) $ 1.08
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,290.77
  • curve-dao-tokenCurve DAO (CRV) $ 0.753308
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,386.64
  • immutable-xImmutable (IMX) $ 0.542154
  • the-graphThe Graph (GRT) $ 0.103178
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • flokiFLOKI (FLOKI) $ 0.000101
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 117,514.00
  • pax-goldPAX Gold (PAXG) $ 3,337.57
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 118,566.00
  • wbnbWrapped BNB (WBNB) $ 689.89
  • kaiaKaia (KAIA) $ 0.153397
  • vaultaVaulta (A) $ 0.554478
  • iotaIOTA (IOTA) $ 0.223363
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 184.24
  • paypal-usdPayPal USD (PYUSD) $ 0.999571
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.44
  • theta-tokenTheta Network (THETA) $ 0.834029
  • tether-goldTether Gold (XAUT) $ 3,327.42
  • msolMarinade Staked SOL (MSOL) $ 214.70
  • lido-daoLido DAO (LDO) $ 0.901880
  • galaGALA (GALA) $ 0.017757
  • jasmycoinJasmyCoin (JASMY) $ 0.016654
  • ethereum-name-serviceEthereum Name Service (ENS) $ 24.06
  • raydiumRaydium (RAY) $ 2.91
  • the-sandboxThe Sandbox (SAND) $ 0.313409
  • tokenize-xchangeTokenize Xchange (TKX) $ 8.83
  • aerodrome-financeAerodrome Finance (AERO) $ 0.848886
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.75
  • pyth-networkPyth Network (PYTH) $ 0.123441
  • zcashZcash (ZEC) $ 43.87
  • ousgOUSG (OUSG) $ 111.81
  • saros-financeSaros (SAROS) $ 0.265236
  • tezosTezos (XTZ) $ 0.650898
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,349.08
  • memecoreMemeCore (M) $ 0.415665
  • super-oethSuper OETH (SUPEROETH) $ 3,124.84
  • bittorrentBitTorrent (BTT) $ 0.00000069
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998105
  • jito-governance-tokenJito (JTO) $ 1.89
  • pendlePendle (PENDLE) $ 4.06
  • morphoMorpho (MORPHO) $ 2.05
  • falcon-financeFalcon USD (USDF) $ 0.999861
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,257.50
  • walrus-2Walrus (WAL) $ 0.471657
  • mog-coinMog Coin (MOG) $ 0.000002
  • chain-2Onyxcoin (XCN) $ 0.018724
  • flowFlow (FLOW) $ 0.400932
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • tbtctBTC (TBTC) $ 116,677.00
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,132.05
  • decentralandDecentraland (MANA) $ 0.315817
  • telcoinTelcoin (TEL) $ 0.006337
  • newton-projectAB (AB) $ 0.008685
  • usual-usdUsual USD (USD0) $ 0.997871
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,079.00
  • heliumHelium (HNT) $ 3.12
  • based-brettBrett (BRETT) $ 0.057176
  • wrapped-hypeWrapped HYPE (WHYPE) $ 48.10
  • coredaoorgCore (CORE) $ 0.551662
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 117,733.00
  • thorchainTHORChain (RUNE) $ 1.56
  • bitcoin-svBitcoin SV (BSV) $ 26.81
  • staked-hypeStaked HYPE (STHYPE) $ 47.96
  • apecoinApeCoin (APE) $ 0.666437
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,130.69
  • conflux-tokenConflux (CFX) $ 0.103179
  • starknetStarknet (STRK) $ 0.146127
  • ripple-usdRipple USD (RLUSD) $ 0.999665
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.198741
  • build-onBUILDon (B) $ 0.499653
  • usddUSDD (USDD) $ 1.00
  • true-usdTrueUSD (TUSD) $ 0.997338
  • arweaveArweave (AR) $ 7.50
  • beldexBeldex (BDX) $ 0.068672
  • syrupMaple Finance (SYRUP) $ 0.456457
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008292
  • stader-ethxStader ETHx (ETHX) $ 3,326.67
  • deepDeepBook (DEEP) $ 0.193346
  • venomVenom (VENOM) $ 0.231199
  • dydx-chaindYdX (DYDX) $ 0.643065
  • 1inch1inch (1INCH) $ 0.337715
  • kavaKava (KAVA) $ 0.430510
  • ether-fiEther.fi (ETHFI) $ 1.22
  • compound-governance-tokenCompound (COMP) $ 49.19
  • neoNEO (NEO) $ 6.52
  • aioz-networkAIOZ Network (AIOZ) $ 0.385305
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,456.08
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.43
  • elrond-erd-2MultiversX (EGLD) $ 15.81
  • apenftAPENFT (NFT) $ 0.00000045
  • zksyncZKsync (ZK) $ 0.059393
  • axie-infinityAxie Infinity (AXS) $ 2.56
  • ecasheCash (XEC) $ 0.000021
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004236
  • dexeDeXe (DEXE) $ 7.35
  • turboTurbo (TURBO) $ 0.006100
  • swethSwell Ethereum (SWETH) $ 3,428.05

EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

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EigenLayer Outflows of $2.3B Signal Restaking Sector Slide

Total value locked on EigenLayer has dropped by 13% to $15.1 billion in the past 30 days, even though ether is trading at a similar level to June.

Outflows can be attributed to the fickle nature of points farming and the limited returns on restaking protocols.

Ether.fi has bucked the trend, experiencing growth in the period.

Billions of dollars worth of ether (ETH) has been withdrawn from restaking protocols over the past month as the once trendy sector gets its first taste of the fickle nature of crypto investors.

On June 25, ether (ETH) was trading at $3,300, a shade higher than Thursday’s price of $3,200. During that period, however, the total value locked (TVL) on EigenLayer – a protocol that links restaking protocols – slumped by $2.28 billion to $15.1 billion. Restaking protocols like Renzo and Kelp have lost 45% and 22% of their TVL, respectively, data from DefiLlama shows.

A portion of the outflows can be attributed to depositors looking to harvest points that will eventually be converted to airdrops subsequently moving on to another project to maximize returns.

For others, the yield is too low when compared with specific yield-generation protocols like Ethena. Renzo offers an annual yield of 3.43%; Ethena offers more than 10%.

Restaking is a strategy that investors use to secure an additional yield on ETH that is already staked on the main Ethereum blockchain. Protocols like Ethena generate a yield by harvesting funding rates, which can be more volatile.

One restaking project that has managed to buck the trend is ether.fi, which has seen a $100 million increase in TVL.

Source

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