Tom Wan: More than 15% of Ethereum on the Beacon chain has been staked through EigenLayer
2024-04-27 02:11:24
The Dune Analytics dashboard shared by 21.co strategist Tom Wan shows that more than 15% of the ETH on the Beacon chain has been staked through EigenLayer. A total of 4.9 million ETH, worth about $15.42 billion. Of this amount, 3.1 million ETH was natively reset, primarily through the liquid staking protocol. 1.7 million ETH was rebooted through liquid warrants tokens, with Lido's stETH accounting for 1 million stETH deposits. Of the total Ethereum 122 million ETH supply, about 26% is hosted on the Beacon chain. EigenLayer first started accepting deposits for its protocol in June 2023.
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