{"id":11086,"date":"2024-02-27T16:56:57","date_gmt":"2024-02-27T14:56:57","guid":{"rendered":"https:\/\/forklog.com\/en\/binance-reports-surge-in-restaking-sector\/"},"modified":"2024-02-27T16:56:57","modified_gmt":"2024-02-27T14:56:57","slug":"binance-reports-surge-in-restaking-sector","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-reports-surge-in-restaking-sector\/","title":{"rendered":"Binance Reports Surge in Restaking Sector"},"content":{"rendered":"<p>The volume of locked assets in restaking protocols has surged by 700% in 2024, expanding beyond the Ethereum ecosystem, according to Binance Research experts.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">EigenLayer\u2019s TVL has risen by over 700% through 2024. In our new <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> report, we explore the restaking market, EigenLayer, restaking on other chains, liquid restaking &#038; LRTs, and more!<\/p>\n<p>Some highlights (1\/16) ?<\/p>\n<p>\u2014 Binance Research (@BinanceResearch) <a href=\"https:\/\/twitter.com\/BinanceResearch\/status\/1762419285425840286?ref_src=twsrc%5Etfw\">February 27, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Experts noted that these protocols not only allow tokens to be restaked outside the primary network but also address security issues for other blockchains. <\/p>\n<p>The pioneer in this field is EigenLayer, which offers <span data-descr=\"Security-as-a-Service\" class=\"old_tooltip\">Security-as-a-Service<\/span> based on Ethereum.<\/p>\n<p>The platform has created a three-component market consisting of restakers, node operators, and active validation services (AVS).<\/p>\n<p>Researchers highlighted the phased deployment of EigenLayer, with the team planning to launch the mainnet in the second half of 2024.<\/p>\n<p>Meanwhile, according to <a href=\"https:\/\/defillama.com\/protocols\/Restaking\">DeFi Llama<\/a>, assets worth approximately $8.9 billion are locked in the protocol.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"352\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Restaking-TVL-Rankings-DefiLlama-Google-Chrome-1-1024x352.jpg\" alt=\"Restaking TVL Rankings - DefiLlama - Google Chrome\" class=\"wp-image-226924\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Restaking-TVL-Rankings-DefiLlama-Google-Chrome-1-1024x352.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Restaking-TVL-Rankings-DefiLlama-Google-Chrome-1-300x103.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Restaking-TVL-Rankings-DefiLlama-Google-Chrome-1-768x264.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Restaking-TVL-Rankings-DefiLlama-Google-Chrome-1.jpg 1444w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: DeFi Llama.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cEigenLayer can support a wide range of solutions, from oracles to bridges. EigenDA, a data availability layer, will be the first AVS launched. The protocol is already collaborating with several major projects, including Arbitrum, Optimism, AltLayer, Caldera, and others,\u201d stated Binance experts.<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Beyond Ethereum<\/h2>\n<p>They noted that the Babylon staking protocol, which supports over 45 chains in the Cosmos ecosystem, is preparing for Bitcoin blockchain integration.<\/p>\n<p>The interoperability-focused Picasso Network has created a restaking layer for Solana, with the solution expected to launch in the second quarter of 2024.<\/p>\n<p>Binance specialists indicated that the current leaders in the segment are protocols based on EigenLayer, such as EtherFi, Puffer, Kelp, and Renzo.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cLiquid restaking is one of the three methods of restaking that users have been experimenting with recently,\u201d experts emphasized, comparing various methods of earning passive income.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">12\/ Liquid restaking is one of the three methods of restaking that users have been experimenting with over the last few weeks. This is versus native and LST restaking directly on EigenLayer. A short comparison: <a href=\"https:\/\/t.co\/TA2O9Dm1dD\">pic.twitter.com\/TA2O9Dm1dD<\/a><\/p>\n<p>\u2014 Binance Research (@BinanceResearch) <a href=\"https:\/\/twitter.com\/BinanceResearch\/status\/1762419323442999592?ref_src=twsrc%5Etfw\">February 27, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, EigenLayer co-founder Sriram Kannan assured that the team currently has no specific plans to launch its own token.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The volume of locked assets in restaking protocols has surged by 700% in 2024, expanding beyond the Ethereum ecosystem, according to Binance Research experts. EigenLayer\u2019s TVL has risen by over 700% through 2024. In our new #Binance report, we explore the restaking market, EigenLayer, restaking on other chains, liquid restaking &#038; LRTs, and more! Some [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11085,"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":[744,167,1263],"class_list":["post-11086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-research","tag-restaking"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=11086"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/11086\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/11085"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=11086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=11086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=11086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}