When liquid staking platform EigenLayer increased its Ethereum (ETH) deposit limits, millions of dollars flowed into the platform.
Change in staking limits to DeFi protocol EigenLayer large amount of money caused the flow. The platform recently 120 thousand Ethereum upper limit of re-staking to 500 thousand Ethereum took it out.
With this expansion, the platform More than 320k ETH in less than 24 hours was deposited. t of the platformtotal assets locked (TVL) value in a short time From 250 million dollars to 800 million dollars He climbed on it. designated 500 thousand ETH limit on the platform when it is completely filled. $1.1 billion Ethereum It will be locked.
Currently locked on the platform according to DefiLlama data $814 million worth 367 thousand ETH is available.
Essentially, EigenLayer differentiates itself from its competitors by offering users the opportunity to re-stake the tokens they have locked for staking.
At the platform’s launch in June 3 different LST (liquid staking tokens) offered support. Between these three Lido (LDO), Rocket Pool (RPL) And coinbase based LST products were included.
But with the last update 6 new LSTs added support and number of services has been increased to 9. These included Swell (swETH), Stakewise (sETH), Stader (xETH), Origin’s (oETH), Ankr (ankrETH) and Wrapped Beacon Ether (wBETH). The increased product range is thought to attract more customers.