{"id":19546,"date":"2024-12-15T14:37:37","date_gmt":"2024-12-15T12:37:37","guid":{"rendered":"https:\/\/forklog.com\/en\/ethereum-liquid-restaking-tvl-surges-by-6000-over-the-year\/"},"modified":"2024-12-15T14:37:37","modified_gmt":"2024-12-15T12:37:37","slug":"ethereum-liquid-restaking-tvl-surges-by-6000-over-the-year","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethereum-liquid-restaking-tvl-surges-by-6000-over-the-year\/","title":{"rendered":"Ethereum Liquid Restaking TVL Surges by 6000% Over the Year"},"content":{"rendered":"<p>Throughout 2024, the total value locked (TVL) in Ethereum liquid restaking protocols soared from $284 million to $17 billion, marking an increase of nearly 6000%.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/186-USO.webp\" alt=\"186-USO\" class=\"wp-image-247730\"\/><figcaption class=\"wp-element-caption\">TVL of Ethereum liquid restaking. Data: <a href=\"https:\/\/defillama.com\/protocols\/Liquid%20restaking\/Ethereum\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>The majority of this amount ($9.1 billion) is attributed to the Ether.Fi protocol, followed by Kelp ($1.8 billion), Eigenpie ($1.6 billion), and Renzo ($1.4 billion).<\/p>\n<p>These figures indicate the growing popularity of restaking and associated liquidity tokens, despite <a href=\"https:\/\/forklog.com\/en\/news\/expert-warns-of-potential-yield-crisis-at-eigenlayer\">previously voiced concerns<\/a> about detachment from the underlying asset and risks of a yield crisis.<\/p>\n<p>Nevertheless, Ethereum restaking significantly lags behind traditional staking in terms of volume. The total TVL of such protocols exceeds $53 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Dec-15-2024.webp\" alt=\"Dec-15-2024\" class=\"wp-image-247731\"\/><figcaption class=\"wp-element-caption\">TVL of Ethereum liquid staking. Data: <a href=\"https:\/\/defillama.com\/protocols\/liquid%20staking\/Ethereum\">DeFi Llama<\/a>.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/dune.com\/hildobby\/eth2-staking\">Dune<\/a>, at the time of writing, a total of 34.4 million ETH, valued at approximately $133 billion, is locked in Ethereum staking \u2014 accounting for 28.1% of the coin&#8217;s total issuance.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/34470737.webp\" alt=\"34470737\" class=\"wp-image-247732\"\/><figcaption class=\"wp-element-caption\">Data: Dune.<\/figcaption><\/figure>\n<p>On December 12, TVL in the Bitcoin staking protocol Babylon reached $3.63 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Throughout 2024, the total value locked (TVL) in Ethereum liquid restaking protocols soared from $284 million to $17 billion, marking an increase of nearly 6000%. TVL of Ethereum liquid restaking. Data: DeFi Llama. The majority of this amount ($9.1 billion) is attributed to the Ether.Fi protocol, followed by Kelp ($1.8 billion), Eigenpie ($1.6 billion), and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19545,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1289,46,1263],"class_list":["post-19546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-staking","tag-ethereum","tag-restaking"],"aioseo_notices":[],"amp_enabled":true,"views":"34","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19546","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=19546"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19546\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19545"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19546"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19546"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19546"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}