EigenLayer Total Value Locked Tops $11 Billion
- —EigenLayer TVL stood at about $11.02 billion on September 21
- —The total includes native ETH deposits and liquid restaking tokens
- —It reflects total protocol capital, not stake assigned to one AVS
- —TVL alone does not capture revenue, utilization or risk-adjusted returns
Why it matters: EigenLayer remains the anchor of Ethereum's restaking economy, but the market is increasingly judging the sector on productive use of capital rather than TVL alone.
Source: Bitcoinist