Coinspeaker
TVL for All Liquid Restaking Protocols Crosses $3.5B
The growing interest in liquid restaking protocols is unmistakable. As a result, the total value locked (TVL) now surpasses a hefty $3.5 billion, signaling a growing trend among Ethereum investors.
Liquid restaking protocols like Renzo, Etherfi, Kelp, and Puffer have witnessed a surge in deposits over the past month. This surge is majorly due to users opting to leverage EigenLayer through these channels while offering them continued access to their assets.
Leading the pack is Etherfi, boasting the highest TVL among these protocols at over $1.3 billion. Following closely behind are Kelp with $460 million in deposits and Renzo with a TVL of $346 million.
Moreover, the introduction of Puffer into the liquid restaking terrain has been remarkable, swiftly surpassing the billion-dollar mark in deposits shortly after its debut. Other smaller players in the liquid restaking space include Bedrock with a TVL of $89 million, Swell a
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