EigenLayer Launches EigenDA For Ethereum Mainnet Services
EigenLayer, a popular Ethereum restaking protocol, has launched EigenDA, its first usable validator service on the Ethereum mainnet. The platform aims to prevent the dominance of a single stake provider by balancing neutrality, free market behavior, and decentralization. EigenLayer provides hyper-scalability, cost flexibility, and ease of integration for aggregations, targeting data availability on Ethereum.
The total locked value of EigenLayer is $13.3 billion, a 100% increase since the beginning of the year. The Ethereum staking ecosystem is healthy, with 27% of the total circulating supply staked. Lido remains the largest liquid stake provider, with 29% of the total staked amount, or $33.2 billion worth of Ethereum. Protocol-internal payments and cut mechanisms from AVSs to operators will be added later in 2023.
(With inputs from Shikha Singh)
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