EigenLayer has become the fifth largest protocol in decentralized finance (DeFi) following $4.3 billion worth of fresh inflows over the past 10 days. The surge in inflows comes after the liquid restaking platform removed its staking cap on Feb. 5. CoinDesk's Jennifer Sanasie presents 'The Chart of the Day.
EigenLayer has become the fifth largest protocol in decentralized finance following $4.3 billion worth of fresh inflows over the past 10 days.
The chart of the day is presented by crypto.com, the leading crypto platform trusted by over 80 million users worldwide. It's time now to take a look at the chart of the day Liquid Staking platform, Eigen Leer's cap lift prompted $4.3 billion of fresh inflows. Recently, the increase in inflows comes after Eigen Leer removed its staking cap on February 5th. A decision designed to invite organic demand according to a blog post, the window for liquid staking was closed on February 10th.
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