Eigenlayer 18b Milestone event

Event · PageRank 0.0008

Overview

EigenLayer's total value locked passed $18 billion for the first time in May 2024, reaching about $18.1 billion and setting a record for the Ethereum restaking protocol at that time. The growth reflected rapid inflows of ETH and liquid staking tokens after the protocol's April 2024 mainnet expansion. TVL continued rising and later crossed $20 billion, making EigenLayer at points the second-largest DeFi protocol behind Lido, before falling back sharply in subsequent periods.

Within the DeFi Intel graph, Eigenlayer 18b Milestone connects to 1 tracked entity, most strongly to EigenLayer.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).

Frequently asked questions

When did EigenLayer first exceed $18 billion in TVL?

In May 2024, when its total value locked reached approximately $18.1 billion, a record at the time.

What is EigenLayer?

A restaking protocol that lets users deposit ether and liquid staking tokens so that stake can be reused to help secure third-party networks and services.

Did TVL keep growing after $18 billion?

Yes, it later surpassed $20 billion for the first time, placing EigenLayer second only to Lido among DeFi protocols by TVL at that point, though the figure has fluctuated significantly since.