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Tom Wan: More than 15% of Ethereum on the Beacon chain has been staked through EigenLayer

CointimeCointime2024/04/27 02:31
By:Cointime

Dune Analytics dashboard shared by 21.co strategy analyst Tom Wan shows that over 15% of ETH on the Beacon chain has been staked through EigenLayer, totaling 4.9 million ETH worth about $15.42 billion. Of this, 3.1 million ETH was natively reset, primarily through a liquid staking protocol. 1.7 million ETH was restarted through liquid stock tokens, with Lido's stETH accounting for 1 million stETH deposits. Approximately 26% of the total supply of Ethereum, which is 122 million ETH, is held on the Beacon chain. EigenLayer began accepting deposits under its protocol in June 2023.

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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