On March 31, 2024, the total value locked (TVL) in Ethereum restaking protocols surged to $7.92 billion.
It’s worth noting that on February 20, this figure stood at $3.5 billion. Thus, in less than two months, the TVL increased by over 100%.
Experts from The Block highlighted significant deposit growth in protocols such as Etherfi, Renzo Protocol, Kelp Finance, Puffer Finance, and others. According to their data, one of the reasons for the influx of funds was a surge in interest in using EigenLayer on these platforms.
Reportedly, the TVL of the Etherfi project exceeded $3.2 billion. Renzo ranked second with $2 billion, followed by Puffer with a TVL of $1.3 billion.
Additionally, the list of leading Ethereum restaking protocols by TVL includes:
- Kelp: over $740 million
- EigenPie: $328 million
- Swell: $265 million
- Bedrock: $145 million
- Prime: $42 million
- ClayStack: $10 million
Earlier reports indicated that the Etherfi restaking protocol attracted $23 million in investments. Additionally, the Renzo project received funding amounting to $3.2 million.
