Coin overview
EIGEN
Ended--
Last price (USDT)
171.76K
24h total (USDT)
739.77K
Total vol (USDT)
2024-04-30 09:00:00 ~ 2024-10-01 03:30:00
Trading time (UTC+0)
2024-10-01 09:00:00
Delivery time (UTC+0)
Total supply1.71B
Resources
Introduction
EigenLayer is a protocol built on Ethereum that introduces re-staking, allowing users who have staked $ETH to join the EigenLayer smart contract to re-stake their $ETH and extend cryptoeconomic security to other applications on the network. As a platform, EigenLayer, on one hand, raises assets from LSD asset holders, and on the other hand, uses the raised LSD assets as collateral to provide middleware, side chains, and rollups with AVS (Active Verification Service) needs. The convenient and low-cost AVS service itself provides demand matching services between LSD providers and AVS demanders, while a specialized pledge service provider is responsible for specific pledge security services. EIGEN total supply: 1.67 billion tokens
Haun Ventures plans to raise $1 billion for two new cryptocurrency funds
Venture capital firm Haun Ventures plans to raise a total of $1 billion for its two new cryptocurrency funds. One fund will focus on early-stage project investments, while the other will target mature crypto businesses. Haun Ventures was established in 2022 by former a16z partner Katie Haun, who has invested in crypto projects such as EigenLayer and Zora.
On-chain Activity Collapse: Is Ethereum In Danger?
Until today, the price of Ethereum remains locked below the $2,000 mark. It fluctuates between $1,810 and $1,960. According to several crypto analysts, this level of resistance seems insurmountable in the short term due to several converging factors. All the details in the following paragraphs! Ethereum’s on-chain activity collapses: a bad signal for ETH crypto Many expert analysts in cryptography agree on this point: the current dynamics of Ethereum resemble previous decline cycles. This indeed marks the 17th consecutive day of capital exits, the longest negative sequence since 2015. According to the data , the Ethereum crypto network is experiencing a sharp slowdown: The trading volume on DEX has dropped by 30% over a week. It reached $16.8 billion; Ethereum’s TVL has lost 9.3% this month. It stands at $46.37 billion, which is 47% less than in January. Some key crypto blockchain protocols are also showing a sharp decline: Maverick Protocol: -85%; Dodo: -45%; Lido: -30%; EigenLayer: -30%. This reduction in Ethereum on-chain activity shows a gradual disinterest from users, but not only that! It also limits ETH’s ability to regain a bullish momentum. Investor flight: Ethereum ETFs in crisis The Ethereum ETFs are also experiencing a worrying financial hemorrhage. Over the past 7 days, these digital assets have indeed suffered cumulative outflows of $265.4 million. Outflows from Ethereum spot ETFs: $265.4 million; Outflows from other Ethereum products: $176 million; Total outflows of Ethereum ETP since early March: $265 million (the worst level ever recorded) This capital outflow reflects an increased risk aversion among investors. This is likely related to: The persistent volatility of the crypto market; Macroeconomic uncertainties. ETHUSD chart by TradingView Bearish flag Ethereum: towards a drop to $1,530? The technical analysis of the ETH price highlights the formation of a bearish flag. This pattern is characterized by a temporary upward channel in a downtrend. Specifically, it suggests a possible break below $1,880. Crypto experts are considering two scenarios: Bearish scenario: If the $1,880 support is breached, ETH could drop to $1,530. This represents a decline of 20% from its current price. Bullish scenario: To avoid this drop , ETH needs to break the resistance at $1,970. This threshold coincides with the 50-day moving average. With a RSI of 48, it confirms a neutral to bearish trend. This indicates that sellers are in control. Is Ethereum at the end of a bearish cycle or on the verge of a new correction? The market evolution this week will provide crucial answers, particularly in light of this catastrophic scenario that worries experts .
Ethereum onchain data suggests $2K ETH price is out of reach for now
Ether’s ( ETH ) price has been consolidating within a roughly $130 range over the last seven days as $2,000 remains strong overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows that ETH price oscillates within a tight range between $1,810 and $1,960. ETH/USD daily chart. Source: Cointelegraph/ TradingView Ether price remains pinned below $2,000 for several reasons, including declining Ethereum’s weak network activity and decreasing TVL, negative spot Ethereum ETF flows, and weak technicals. Negative spot Ethereum ETF outflows The underperformance in Ether’s price can be attributed to investors’ risk-off behavior, which is visible across the spot Ethereum exchange-traded funds (ETFs). ETH outflows from these investment products have persisted for more than two weeks. US-based spot Ether ETFs have recorded a streak of outflows for the last seven days, totaling $265.4 million, as per data from SoSoValue. Ether ETF flow chart. Source: SoSoValue At the same time, other Ethereum investment products saw outflows totaling $176 million . This brings month-to-date outflows out of Ether ETPs to $265 million, in what CoinShares’s head of research, James Butterfill, described as the “worst on record.” He noted: “This also marks the 17th straight day of outflows, the longest negative streak since our records began in 2015.” Weak onchain activity hurts ETH price To understand the key drivers behind Ether’s weakness, it is essential to analyze Ethereum’s onchain metrics. The Ethereum network maintained its leadership based on the 7-day decentralized exchange (DEX) volume. However, the metric has been declining over the last few weeks, dropping by approximately 30% in the last seven days to reach $16.8 billion on March 17. Ethereum: 7-day DEX volumes, USD. Source: DefiLlama Key weaknesses for Ethereum included an 85% drop in activity on Maverick Protocol and a 45% decline in Dodo’s volumes. Similarly, Ethereum’s total value locked (TVL) decreased 9.3% month-to-date, down 47% from its January high of $77 billion to $46.37 billion on March 11. Ethereum: total value locked. Source: DefiLlama Lido was among the weakest performers in Ethereum deposits, with TVL dropping 30% over 30 days. Other notable declines included EigenLayer (-30%), Ether.fi (-29%), and Maker (-28%). Ether’s bear flag target is at $1,530 Meanwhile, Ether’s technicals show a potential bear flag on the four-hour chart, which hints at more downside in the coming days or weeks. Related: ETH may bottom at $1.6K, SEC delays multiple crypto ETFs, and more: Hodler’s Digest, March 9 – 15 A bear flag is a downward continuation pattern characterized by a small, upward-sloping channel formed by parallel lines against the prevailing downtrend. It gets resolved when the price decisively breaks below its lower trendline and falls by as much as the prevailing downtrend’s height. ETH bulls are counting on support from the flag’s lower boundary at $1,880. A daily candlestick close below this level would signal a bearish breakout from the chart formation, projecting a decline to $1,530. Such a move would represent a 20% descent from the current price. ETH/USD daily chart. Source: Cointelegraph/ TradingView The relative strength index is positioned in the negative region at 48, suggesting that the market conditions still favor the downside. The bulls will attempt a daily candlestick close above the flag’s middle boundary at $1,930 (embraced by the 50 SMA) to defend the support at $1,880. They must push the price above the flag’s upper limit of $1,970 to invalidate the bear flag chart pattern. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Ether’s Price Faces Continued Pressure Amid Weak Network Activity and ETF Outflows, Potential Drop to $1,530 Emerges
The ongoing decline in Ethereum (ETH) price is underscored by diminishing network performance and a notable drop in total value locked (TVL), suggesting potential further downturns. Furthermore, the recent trend in the market has seen a significant risk-averse sentiment, particularly reflected in the ongoing outflows from Ether-based exchange-traded funds (ETFs). According to CoinShares, these sustained outflows have set a record, highlighting a notable lack of investor confidence in the current market environment. ETH continues to struggle with price declines amid weak network activity and ETF outflows, signaling potential bearish trends in the near future. Ethereum’s Price Pressured by Market Sentiment and Declining Activity The Ethereum market is facing significant pressure as ETH prices oscillate within a tight range of approximately $130 over the past week. Despite efforts from bulls, the price remains capped below the critical resistance level of $2,000 due to compounded negative influences. Recent metrics indicate that ETH is trading between $1,810 and $1,960, providing insight into the investor sentiment that currently prevails. Data from Cointelegraph Markets Pro paints a picture of a market grappling with a cautious approach as a result of declining Ethereum network activity coupled with diminishing TVL. Spot ETF Outflows Weigh on Ether’s Demand The persistent outflows in spot Ethereum ETFs have emerged as a primary factor contributing to the declining price of Ether. Over the last week, US-based Ether ETFs have experienced over $265.4 million in outflows, marking a troubling trend that illustrates investors’ risk aversion. According to SoSoValue, this trend of outflows from Ether-related products has been ongoing for more than two weeks. Moreover, other investment products tied to Ethereum also experienced outflows totaling around $176 million, escalating the overall outflows for the month to $265 million. CoinShares’ head of research, James Butterfill, stated, “This also marks the 17th straight day of outflows, the longest negative streak since our records began in 2015.” This data underscores the need for investors to reassess their positions amid prevailing market uncertainties. Weak Onchain Metrics Highlight Ethereum’s Struggles A thorough examination of Ethereum’s onchain metrics reveals key weaknesses impacting its performance in the market. Despite retaining the top position in decentralized exchange (DEX) volume, Ethereum has witnessed a substantial decline, with volumes decreasing approximately 30% over the last week, settling at $16.8 billion. Notably, specific protocols within the Ethereum network have exhibited significant drops in activity; for instance, the Maverick Protocol saw an 85% reduction, while Dodo’s volume decreased by 45%. Additionally, Ethereum’s total value locked (TVL) has faced a decline of 9.3% month-to-date, dropping dramatically from its January peak of $77 billion to just $46.37 billion as of mid-March. Furthermore, several services such as Lido and EigenLayer reported substantial declines, with TVL shrinking by 30% and 30%, respectively. These trends highlight a broader issue affecting investor confidence in Ethereum. Technical Indicators Suggest Potential Declines Ahead Technical analysis reveals that Ether may be forming a bear flag on its four-hour chart. This pattern is typically indicative of further price movements to the downside. A bear flag is recognized by a brief upward channel occurring within a prevailing downtrend and is generally resolved when prices breach the lower boundary and descend further. For ETH bulls, maintaining support at the flag’s lower boundary of $1,880 will be crucial. A daily close below this level could signal a breakdown, projecting a potential slide to $1,530, a drop that would be approximately 20% lower than current trading levels. The relative strength index (RSI) currently positioned at 48 reflects bearish conditions, maintaining pressure on the price movement. Bulls will need to secure a daily close above the resistance at $1,930, which coincides with the 50-day simple moving average (SMA). Successfully surpassing the upper limit of the flag at $1,970 could potentially invalidate the bearish pattern and provide some relief for the struggling asset. Conclusion In concluding the current state of Ethereum, it is evident that the asset faces multifaceted challenges, including adverse market sentiment and weakening network fundamentals. With ETF outflows and declining onchain metrics dominating the landscape, ETH’s price movements will largely depend on how investors respond to prevailing technical signals. Current analysis suggests cautious navigation in the market, as traders might be bracing for more significant shifts in the coming days. In Case You Missed It: Potential Opportunities for Early Adopters in Chaos Labs Airdrop and Other Crypto Projects
Unlocking Encryption for Consumer-grade Applications, How Does zkTLS Enable On-chain "Visa"?
Original Title: zkTLS: Unlocking Crypto Consumer Apps Original Author: @yeak__, @Delphi_Digital Researcher Original Translation: zhouzhou, BlockBeats Editor's Note: TLSNotary verifies communication between the client and server, allowing selective data disclosure while ensuring privacy. Pluto introduces TLSNotary to smart contracts, Primus Labs enhances efficiency and develops zkFHE scheme, Opacity prevents collusion through Eigenlayer AVS and TEE, enhancing security. Opacity requires Web2 account verification, reducing Sybil attack risk, and adopts a verifiable log mechanism. Future optimization directions include vector blinding linear assessment to improve MPC efficiency for faster TLS proofs. HTTPS proxies act as intermediaries to enhance security and privacy protection, commonly used for enterprise traffic monitoring. The following is the original content (slightly rephrased for better readability): The encryption industry has always possessed a mindset, talent, and funding to change the world, but often lacks the means to achieve this goal. Currently, most real-world encryption success cases still rely on the support of Web2 giants. We can only hope that Visa and Mastercard continue to support crypto cards, Coinbase, PayPal, and Stripe keep optimizing the compatibility between traditional payment systems and blockchain, BlackRock continues to promote tokenization of government bonds, and Walmart keeps selling Pudgy Penguins. Today, we have a powerful new tool that allows encryption industry builders to truly drive change. The traditional markets are rife with inefficiencies and limitations, while the encryption industry is in an unprecedentedly advantageous position to offer alternative solutions. zkTLS (also known as TLS Oracle or Web Proof) enables private data to be extracted from the Web2 closed ecosystem, allowing users to prove various data types such as legal identity, financial records, educational background, and behavioral patterns in a completely privacy-preserving manner. Here is a brief overview of how it works. TLS (Transport Layer Security protocol) is a protocol used to encrypt communication between clients and servers. TLS makes up the "S" in HTTPS (HTTPS = HTTP + TLS) and has become a network standard, protecting 95% of network traffic. TLS is a trusted centralized authority responsible for issuing session keys. When a user accesses a website, the browser and the target server perform a TLS handshake to generate a session key for subsequent data transmission using symmetric encryption. However, the data exchanged between the client and server is not signed, making it impossible to prove its authenticity elsewhere. Security provided by TLS: · Authenticity · Integrity · Privacy · Lack of data portability zkTLS accomplishes identity verification between the client and server during an HTTPS session and brings privacy-preserving proofs onto the chain, addressing the issue of data portability. Importantly, this is often undetectable by the server and cannot be blocked by a firewall. With zkTLS, the entire Internet's database can become a composable building block for blockchain applications, a task that Web2 is almost powerless to achieve. Various implementations of zkTLS: MPC (Multi-Party Computation), Proxy, TEE (Trusted Execution Environment) MPC (Multi-Party Computation) MPC allows multiple participants to jointly perform a computation without revealing their private inputs. MPC provides strong security guarantees but incurs high computational costs and suffers from a collusion problem. Deco In 2019, Deco first proposed an MPC-based TLS solution. Deco's maliciously secure two-party computation (2PC) approach has extensive compute overhead; for example, authenticating a 2KB data packet requires 475MB of communication and takes 50 seconds to complete. The solution is highly susceptible to timing out and has not been successfully deployed. Subsequently, Deco was acquired by Chainlink, who, along with Teller, developed a proof-of-concept solution. TLSNotary TLSNotary built upon Deco's work, utilizing a 2PC implementation based on garbled circuits and oblivious transfers. Garbled circuits are the simplest and most direct method in MPC. TLS Notary "notarizes" the session between the client and server to prove its authenticity. During the TLS handshake, the prover and verifier collaborate to perform key encryption and decryption. Throughout the process, only the prover communicates with the server, while the verifier only sees encrypted data. The prover cannot forge inputs or responses. In the final stage, the prover can partially obscure the session record before presenting it to the verifier, for example, only proving to the verifier that it is located in a specific jurisdiction while concealing specific latitude and longitude information. A validator can act as a notary, or outsource the validation role to generate more generic, portable proofs. This introduces an additional trust assumption that the validator must trust the notary not to collude with the prover to produce fake proofs. To mitigate this issue, a validator can request proofs from multiple notaries or define their own trusted notary list. However, these schemes still have various flaws, and the collusion problem remains one of the main challenges of MPC. The advantage of TLSNotary is that it can maintain data portability, protect privacy, and does not rely on server cooperation. It achieves selectively disclosed authenticated data through circuit obfuscation and key splitting techniques but does not use ZKP. Currently, several projects have introduced zero-knowledge technology based on TLSNotary to make it easier to integrate. Related Projects Pluto Pluto Labs is an open-source zero-knowledge TLSNotary implementation aimed at productizing it, allowing developers to integrate any off-chain data into smart contracts with just five lines of code. A detailed overview of its trust assumptions can be found in the related links. Primus Labs (formerly PADO Labs) Primus Labs has enhanced Deco using a garble-then-prove technique, replacing the high-cost malicious secure 2PC. It has achieved a 14x improvement in communication efficiency and up to a 15.5x improvement in execution time, successfully integrated into real-world APIs such as Coinbase and Twitter. Additionally, Primus is developing a zkFHE solution that may support more complex architectures in the future. Primus has also released a browser extension and plans to launch iOS/Android apps. Opacity Opacity addresses the collusion problem through a set of mechanisms and employs Eigenlayer AVS to provide economic security, overlaying multiple security measures: · Sybil resistance based on on-chain Web2 account IDs · Commit-and-reveal mechanism—users must submit a value before a randomly selected notary node · Random selection of MPC nodes · Verifiable attempt logs Opacity restricts users from colluding using multiple wallets, with each wallet tied to a Web2 account. Additionally, users must submit a proof request before being randomly matched with a notary node, preventing them from changing their position if they attempt collusion without being matched to a colluding node. The verifiable attempt logs can be used to track suspicious proof submissions where a wallet attempts but fails to prove ownership of, for example, $10 million in bank deposits. In addition, Opacity requires the attestation software to run in a Trusted Execution Environment (TEE) to ensure that unless the TEE is compromised, collusion is not possible. This is crucial because Opacity does not rely entirely on the TEE as a security guarantee. To forge a proof within the Opacity framework, all of the following conditions must be met: · User intentionally colludes · At least one attestation node participates in collusion · The attestation node runs on a compromised TEE · The user randomly matches a collusion node within 1-3 attempts · Verifiers can request proof regeneration multiple times, exponentially reducing the probability of the fourth condition · Additionally, malicious behavior will face a penalty mechanism The resistance to Sybil attacks in Opacity remains the weakest link. It can prevent one Web2 account from binding to multiple wallets but cannot prevent one person from creating multiple Web2 accounts. In fact, Opacity effectively outsources Sybil attack protection to Web2 platforms, with some platforms being more reliable than others (e.g., Rippling HR's identity authentication is more trustworthy than a Twitter account). In the future, Opacity may integrate multiple Web2 accounts to enhance security. Opacity is developing the best practices implementation of zkTLS, making significant progress in decentralization and reducing trust assumptions. Its ability to overcome MPC computation overhead will be a key factor in future success. In the future, there is still ample room for MPC performance optimization. For example, Vector Oblivious Linear Evaluation can achieve efficient 1-of-N Oblivious Transfer, leading to significant progress in each interaction. This can reduce network overhead by 100 times, making MPC-TLS proofs within 1 second feasible. Proxy An HTTPS proxy is an intermediary between a client and a server, responsible for forwarding encrypted traffic and only decrypting data when verifying user identity. Proxies can enhance security, performance, and privacy, particularly common in enterprise environments for monitoring and restricting employee access. Proxies can also be used for zkTLS. This model inserts a proxy witness between the client and server to prove the legitimacy of communication. The proxy model is fast, cost-effective, and simple in structure, capable of handling large amounts of data. However, issues such as auditing, collusion, and decentralization persist. Additionally, this method can be detected by servers, potentially leading to blocking in widespread applications. Reclaim Protocol The Reclaim Protocol is the pioneer of the proxy model, leading the way in all zkTLS projects. Reclaim has broad support across almost all blockchains and boasts 889 community-built oracles. Several projects are built on Reclaim, including the zkP2P ticketing marketplace. Reclaim is able to generate proofs on a user's mobile device in approximately 2–4 seconds without requiring users to download any apps or extensions. Reclaim employs a residential proxy to circumvent Web2 firewall issues. Compared to MPC-TLS, Reclaim's proxy model is simpler, resulting in faster speeds. Many concerns about the proxy model have been addressed in the academic paper "Proxying is Enough" and Reclaim's blog. Studies show that the probability of breaking Reclaim's security is 10⁻⁴⁰. zkPass zkPass utilizes a hybrid model, originally based on an MPC approach but later transitioning to a proxy-witness model in production while keeping MPC as a fallback. zkPass is currently deployed on networks such as Base, BNB, Scroll, Linea, Arbitrum, zkSync, OP, X Layer, among others. zkPass uses its native TransGate Chrome extension and supports over 70 data sources and 200 data formats. zkPass focuses primarily on identity verification and protection against Sybil attacks. The project is currently running incentive programs where users can complete challenges to earn ZKP token points. zkPass may become the first zkTLS project to introduce a liquidity token. TEE Trusted Execution Environment (TEE) is a tamper-resistant enclave in a processor that can store sensitive data and perform secure computations. TEE provides both hardware and software isolation, with dedicated memory and computational capabilities independent of the rest of the CPU. Intel SGX is currently the most well-known TEE solution. However, TEE has had vulnerabilities in the past and is susceptible to side-channel attacks. Clique Clique adopts a TEE-based approach to build zkTLS. This method offers very low computation and network overhead, addressing many issues but introducing a reliance on trusted hardware, shifting risks from notaries to chip manufacturers. In this model, TEE fully takes on the security guarantee responsibilities. Summary It is worth noting that zkTLS is just a generic term. Different zkTLS schemes vary in the degree of application of zero-knowledge technology and do not provide the same level of security guarantees as other zero-knowledge technologies like zkEmail. Strictly speaking, zkTLS may be better classified under MPC-TLS (+zkp), TEE-TLS, and zkTLS Proxy. In the future, discussions in the zkTLS field will revolve around the trade-off between performance and security. Proxy: This is a more general solution but requires additional trust assumptions, demands that clients can afford a zero-knowledge (ZK) solution, and also requires additional measures to bypass firewalls. Multi-Party Computation (MPC): This model provides strong security guarantees but entails significant network communication overhead during MPC setup. Due to the high cost of the truth table, MPC methods are more suitable for small request/response interactions and TLS sessions without strict time limits. MPC has anti-censorship properties but faces collusion issues. Trusted Execution Environment (TEE): The TEE model cleverly addresses most of the issues zkTLS faces, but at the cost of requiring full trust in TEE hardware. Currently, Reclaim and Opacity are rapidly gaining momentum and seem to be leading the discussions in the zkTLS field. As zkTLS evolves, the trade-off between MPC and proxy models in terms of performance and security will remain a core topic. Conclusion zkTLS is an emerging narrative that is changing everything. However, many unresolved issues remain: Will zkTLS providers be commodified? Will the value capture flow to the application layer? How significant is the extractable value of forged proofs? How will these issues impact the discussions on zkTLS scheme trade-offs? One thing is clear: zkTLS has greatly expanded the design space of decentralized applications and provided new ideas for building new systems. Today, many innovative ideas are already being implemented: · Ticketing Marketplace – zkP2P (based on Reclaim) · Web2 Reputation Import (Uber, DoorDash authentication) – Nosh Delivery (based on Opacity) ·KOL Marketing/Promotion Proof – Daisy (based on Opacity) ·Smart Predictions Market – TMR.NEWS (based on Reclaim) ·Low Collateral Loans through Payroll Earn – Earnifi (based on Opacity) ·Precision Targeting with Digital Ad Incentives – EarnOS (based on Opacity) ·Soft Collateral Loans – 3Jane (based on Reclaim) zkTLS has disrupted the existing market landscape of Web2 by weakening data monopolies. All current inefficient markets are opportunities for cryptographic technology to penetrate and improve society. 「Original Article Link」
Restaked Bitcoin Protocols Skyrocket 4,459% in Just 9 Months
Bitcoin-based decentralized finance (DeFi) protocols have taken off recently, with the total value locked (TVL) across 34 distinct applications now sitting at roughly 65,280 BTC, equal to $5.5 billion. According to defillama.com metrics, Babylon holds $4.477 billion of this total and ranks as the second-largest restaking protocol in DeFi, just behind the Ethereum restaking application Eigenlayer. At its core, a BTC-centric restaking protocol lets users stake BTC and then put their staked BTC to work again on other platforms. Restaked protocols are the networks, apps, or services that tap into restaked BTC to boost security or operations. In the Bitcoin space, Lombard leads the restaked protocols pack, securing 53.29% of the $3.158 billion held across eight restaked BTC platforms in mid-March. Back on May 28, 2024, the restaked bitcoin ecosystem sat at a valuation of $69.26 million, marking an explosive growth of 4,459% since then. All together, eight platforms focusing on restaked BTC account for $3.158 billion of the $5.5 billion spread across 34 BTC-centric DeFi applications. Source: Defillama.com Lombard holds $1.683 billion in value, while Solv’s platform secures $719.08 million. Grabbing third place, Lorenzo holds $392.23 million, and Coffer Network rounds out the top four at $237.47 million. Chakra, the fifth-place contender, falls just short of the $100 million mark at $62.42 million locked. Lombard, Solv, and Lorenzo have soared in recent months, while Coffer Network and Chakra have charted steadier climbs. Joining the list is exSat Credit Staking, a single-layer staking mechanism within the exSat Network. This Bitcoin DeFi platform is nipping at Solv’s heels with $575.76 million in total value locked. Moreover, the top five BTC DeFi protocols have leapfrogged the Lightning Network in both value and speed of growth, leaving it in sixth place behind Babylon, Lombard, Solv, exSat, and Lorenzo. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
Giza Protocol Unveiled: Trustless, Context-Aware Infrastructure for DeFi Agents
Giza Protocol reports trading opportunities in DeFi last under three seconds, outpacing human response times significantly. Giza’s AI-driven agents execute millions of trades daily, boosting efficiency and returns using advanced blockchain technology. The Decentralized Finance sector has always promised financial freedom and equal opportunities. Yet today, average users find themselves overwhelmed by endless data, including fluctuating asset prices, variable gas fees , and confusing reward structures. This complex maze often favors technically sophisticated investors, creating significant unfair advantages. On March 12, the Giza Protocol report stressed that humans struggle to process the sheer volume of information effectively, creating clear benefits for institutional and highly technical investors. Such disparities directly contradict DeFi’s foundational vision of open and fair financial participation. Giza’s research shows that human cognitive limits create an unlevel playing field, harming regular individuals’ opportunities in DeFi ecosystems. To counteract that, Giza introduces autonomous financial agents—smart digital assistants capable of constant data tracking and real-time strategic decisions without tiring or errors common among humans. Autonomous Agents: DeFi’s New Frontier Autonomous agents aren’t exactly new, but previously developed models encountered major setbacks. They either relied heavily on centralized control, sacrificing users’ security, or were so decentralized that effectiveness suffered significantly. Developers had to settle for these problematic compromises, hindering truly effective financial automation. Giza Protocol challenges these traditional limitations, offering the decentralized framework needed for autonomous agents to operate smoothly, safely, and effectively. They have designed a special architecture addressing three crucial needs: non-custodial control ensuring asset security, decentralized yet reliable execution, and seamless interoperability among various financial protocols. What sets Giza apart is its use of advanced machine learning secured by zero-knowledge cryptography. This combination enables trustless and transparent financial computations directly on the blockchain. The outcome is more reliable and versatile smart contracts, giving users equal access to sophisticated financial strategies previously reserved only for institutional investors. Giza’s Three-Layered Breakthrough The innovative Giza Protocol architecture uniquely combines three distinct layers, each solving a different piece of the DeFi puzzle. At the core, the Semantic Abstraction Layer connects AI logic with blockchain technology. Instead of complicated technicalities, AI agents speak the straightforward language of finance, boosting decision-making clarity while maintaining security. Source: Giza Protocol Supporting seamless agent execution, the Decentralized Execution Layer ensures transactions run efficiently and safely. A structured network of nodes—Entrypoint Nodes distributing tasks, Performer Nodes executing, Attester Nodes validating, and Aggregator Nodes finalizing consensus—ensures complete decentralization without sacrificing performance or security. Agent Authorization forms the third layer, enabling granular, non-custodial control. Users can safely delegate specific tasks without risking their entire portfolio, setting precise boundaries like transaction limits or restricting certain asset interactions. Giza incorporates EigenLayer’s Actively Validated Services (AVS) to ensure that every transaction meets strict security standards, reducing fraud and malicious activities.
Solayer (LAYER) surpassed EigenLayer (EIGEN) in market value, with a seven-day increase of 50.94%
according to CoinMarket Cap data, Solayer (LAYER) has surpassed EigenLayer (EIGEN) in market value, becoming the 153rd largest cryptocurrency by market value. LAYER is now priced at $1.21, with a market value of $255 million, up 14.06% in the past 24 hours and 50.94% in the past seven days; EIGEN is now priced at $1.07, with a market value of $253 million, down 4.85% in the past 24 hours and 20.81% in the past seven days.
Still using traditional DeFi lending? Wake up, 3Jane has entered the game.
Recently, the market has been quite volatile, with trading volume low. Just when everyone thought "lying flat in a bear market" was the only way out, traditional financial giant BlackRock quietly accelerated its DeFi layout, attempting to mine on-chain. Currently, DeFi's Total Value Locked (TVL) is around $100 billion, which may seem like a large number, but the industry's development is limited—protocols like Aave and Compound have the same old issue, with outrageously high collateral ratios! You have to first put up a bunch of assets as collateral to borrow some money, and the result is often borrowing your way into poverty, getting liquidated as soon as leverage is applied, with capital efficiency far below traditional finance. In other words, what everyone is playing is the "game of the rich," where ordinary users find it difficult to borrow efficiently. The growth ceiling of DeFi is becoming increasingly apparent. 3Jane has taken an unconventional approach by directly introducing a new form of credit lending, with the project receiving strategic support from Coinbase and backed by well-known fintech companies such as Plaid and Credit Karma to help integrate off-chain data and ensure compliance. Technical partners like Lagrange, Reclaim, CRED, and EigenLayer have also joined in, making 3Jane's position in the DeFi field more solidified, with considerable development potential. DeFi Credit Lending: No Longer "Crushing" Your Wallet 3Jane does not follow the traditional DeFi platform's old path of "collateralize 100, borrow 50." Instead, it lends based on your credit data, and loan approval is carried out by off-chain algorithms. How is your credit verified? On-chain assets, bank deposits, future income, credit score... all of these can be utilized. As long as the verification is sound, you can directly borrow USDC, without collateral, and borrow as you go. 3Jane's Technical Architecture Keeps You From "Running Away" But some may ask: Isn't this a "no-collateral loan and run" competition? Rest assured, 3Jane is no fool. It uses zero-knowledge technology (zkTLS) to connect on-chain and off-chain credit data, ensuring that every borrower undergoes precise credit assessment and only those who qualify receive the loans. The fund providers are depositors who deposit USDC to mint 3Jane's native stablecoins USD3 or sUSD3, assuming a specific credit risk level. 3Jane evaluates your on-chain credit through CredProtocol and BlockchainBureau, analyzing activities such as borrowing, liquidation, holding, and exchange interactions on the EVM chain to determine whether you are a prime user or a high-risk player. These scoring systems have been widely used in the DeFi space, and their risk identification capabilities are relatively reliable. In addition to on-chain records, 3Jane can also access your Transunion, Equifax credit scores, and CreditKarma records through ReclaimProtocol and EigenLayer (such as credit card usage and delinquency history), without affecting your credit inquiry records and without the need for providing an SSN. This allows for a more comprehensive view of your borrowing credit, beyond just looking at on-chain data. Through a dual on-chain and off-chain credit system, 3Jane ensures that loans are provided to truly trustworthy users, rather than "borrow and run" players. In case someone defaults on their loan, 3Jane binds users' bank account data to their Ethereum address through Plaid, providing minimal personal information, encrypting bank data end-to-end, and allowing for its deletion after repayment. Alternatively, if you default, 3Jane will directly auction off the non-performing loan on-chain, allowing U.S. debt collection agencies to take over. Ethereum smart contracts ensure a permanent and trustworthy commitment to off-chain collections, leaving an immutable default record. This mechanism increases the success rate of recovery. How to Repay? 3Jane's repayment rules are much more flexible than traditional loans. You only need to pay the minimum amount each month, and the calculation method is quite unique—it will choose the lower of two options: if your on-chain and off-chain assets plus cash flow have increased since borrowing, you will repay based on this appreciation amount. If your assets have not performed well, you will repay based on the principal repayment ratio + interest set by 3Jane. As long as your financial situation is stable, market fluctuations will not make you unable to repay your debt. If your assets have depreciated, 3Jane may have considered this risk when lending. However, if you have not made repayment by the grace period, you will enter the default period, during which additional late fees will be charged. In summary: the repayment method is flexible, but there's no escape for defaulters! Founder's Future Insights 3Jane was founded by @_yakovsky, who previously worked at RibbonFinance (later merged into Aevo) for three years. He initially joined as a smart contract engineer and later transitioned to growth strategy, departing in April 2024 to start 3Jane. There is currently limited information available about the rest of the team's background. Initially, the 3Jane project was planned to be built on the Base Network, but the latest whitepaper only mentions Ethereum, perhaps due to considerations of liquidity and ecosystem maturity. @_yakovsky tweeted that uncollateralized loans are key to DeFi's mainstream adoption. If Ethereum aims to become a true "internet-native financial system," it must break free from reliance on bank liquidity and support the lending market with future value rather than existing assets. This concept has also been endorsed by Circle co-founder Jeremy Allaire, bringing more attention to 3Jane in the DeFi space. Although 3Jane is still in its early stages with limited team information, its combination of credit lending, on-chain stablecoin, and off-chain recovery model demonstrates significant potential to reshape the DeFi ecosystem. Whether it's the vision of its founder @_yakovsky or the endorsement from Circle co-founder Jeremy Allaire, it indicates the market's anticipation for uncollateralized DeFi lending. However, the ultimate question remains: Can 3Jane truly operationalize this model? Will the credit system of DeFi lending withstand market tests? Or is this just another highlight reel in the crypto market? All of these questions can only be answered with time.
RedStone (RED) Soars 25% with “One Day Five Big Events”
Key Notes RedStone has partnered with Securitize, a major firm in the RWA sector. RED holders will now have staking incentives via EigenLayer (EIGEN). The altcoin has secured listings on exchanges Coinbase and Bitvavo. . RedStone is currently trading at $0.5882, marking a 23% increase in the past 24 hours. The token’s market capitalization has jumped to $164 million, following a series of major announcements by the RedStone team on X . RedStone’s Five Major Announcements RedStone has secured a spot as the primary oracle provider for Securitize, a key player in the real-world asset (RWA) tokenization space, which includes BlackRock’s BUIDL fund. While talking about the partnership, Securitize co-founder Carlos Domingo said RedStone will allow the firm to “transact with tokenized securities on-chain, but also integrate them into existing DeFi infrastructure and develop entirely new DeFi primitives.” RedStone also announced new staking incentives for RED holders through EigenLayer (EIGEN). EIGEN tokens will be periodically released to stakers in RedStone’s EigenLayer AVS. https://twitter.com/redstone_defi/status/1899779757853782371 RED has secured listings on two major centralized exchanges: Coinbase and Bitvavo. The project has also been the official Day 1 oracle partner for Hemi testnet and mainnet. Notably, market participants are now anticipating a listing for the RED token on Binance, the world’s largest cryptocurrency exchange. RED Price Outlook On the RED’s 4-hour price chart, the MACD line has crossed above the signal line, accompanied by increasing green histogram bars. This suggests that momentum is shifting toward the bulls, potentially signaling further upside. However, the MACD is still in negative territory, meaning the trend is yet to fully reverse. Meanwhile, the RSI is around 55, which indicates a slight bullish momentum but no signs of overbought conditions. If RSI continues rising, it could indicate increasing buying pressure, potentially leading to a further price breakout. However, a drop in RSI could trigger a price correction. If RED maintains its current bullish momentum, it could test resistance levels around $0.63–$0.65. However, if selling pressure increases, a drop toward the $0.50 support zone remains a possibility. While RED has gained strong traction from the crypto community, many investors remain cautious given the broader market conditions. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
RedStone goes live with Miner airdrop lookup page, will be available for pickup on March 6
On 5 March, according to the official blog, DeFi Prophecy Machine RedStone has launched the airdrop enquiry page, users can go to verify the qualification, and the airdrop collection will be opened at 20:00 on 6 March.
Arbitrum and EigenLayer are losing ground – FXGuys’ presale just changed the game
The altcoin market is changing, and two big names — Arbitrum (ARB) and EigenLayer (EIGEN) — are experiencing a slowdown. Meanwhile, FXGuys is dominating the market, having raised over $4,4 million in its Stage 3 presale at $0,05 per $FXG token. With its prop trading funding program and staking rewards, it is quickly becoming the Top PropFi Project, taking investors away from its competitors. >>>JOIN FXGUYS HERE<< In this article, we will discuss: Why FXGuys is Dominating the DeFi Market Why Investors Are Switching to FXGuys FXGuys’ $4,4M Pre-Sale Success and BETA Platform Launch Final Thoughts – FXGuys is Leading the Future of Crypto Trading Why FXGuys is Dominating the DeFi Market Unlike Arbitrum and EigenLayer, FXGuys is not just another DeFi project — it is a broker-backed crypto asset management company with real financial benefits. Traders and investors can participate in the asset management company’s instant funding model, securing up to $500.000 in trading capital while keeping 80% of their profits. This makes it one of the best proprietary trading companies in the industry. Why Investors Are Switching to FXGuys Although Arbitrum and EigenLayer continue to be high potential altcoins , they fail to offer the direct income opportunities and financial empowerment that FXGuys provides. Here's why smart prop traders and investors are making the exchange: No purchase or sale taxes and no KYC – A decentralized and tax-free ecosystem. Same-day fiat and cryptocurrency deposits and withdrawals - Support to over 100 local currencies for instant transactions. Trade2Earn Program – Every negotiation yields $FXG tokens, ensuring market engagement and active participation. Multiple Trading Platforms – Traders can access FXGuys Trader, MT5, Match-Trader, cTrader and DXtrade , offering unparalleled flexibility. These features make FX Guys the best choice for traders looking for the best DeFi coins that provide real gains. FXGuys’ $4,4M Pre-Sale Success and BETA Platform Launch With over $4,4 million raised, FXGuys is proving that it is more than just another presale. Investors can now access the FXGuys BETA platform, which offers a free trial of its custom trading system. This feature sets it apart from competitors like Arbitrum and EigenLayer, which focus on network scalability but do not offer direct benefits to investors. >>>JOIN FXGUYS HERE<< Final Thoughts – FXGuys is Leading the Future of Crypto Trading Arbitrum and EigenLayer may have been leading projects, but FXGuys is proving to be the future of DeFi trading. Its broker-backed crypto-supporting company model, staking benefits, and incentives Trade2Earn make it the number one choice for investors seeking financial growth. With its $4,4 million pre-sale success and growing adoption, FXGuys isn’t just another pre-sale — it’s reshaping the market. To learn more about FXGuys, follow the links below: Pre sale | Site | Whitepaper | Social Media | Audit Tags: Sponsored
Can the Ethereum Foundation's New Executive Director Save ETH?
这是基金会近五六年来最大的人事变动，发生在 ETH 价格最低迷的周期里。 在 Aya Miyaguchi 晋升为以太坊基金会主席引起部分社区成员的不满后，以太坊基金会又迎来了新的任命。3 月 1 日，以太坊基金会宣布了两位全新的联合执行董事，来接替 Aya 原来的位置——Hsiao-Wei Wang 和 Tomasz Stańczak。 相比于 Aya，这两位新任执行董事的技术背景极其深厚，律动 BlockBeats 将在本文中详细介绍两位的信息。 Hsiao-Wei Wang 在以太坊基金会迎来重大领导层调整的关键时刻，Hsiao-Wei Wang 以其深厚的技术背景和卓越的社区影响力，正式成为基金会的联合执行董事之一。这位来自中国台湾的区块链先驱，专注于以太坊的核心研究已经 7 年了，在分片（Sharding）和 Beacon Chain 领域做出了重要贡献。 Hsiao-Wei Wang 最开始是一位后端工程师，2016 年因偶然接触区块链，被这个充满去中心化理想的世界所吸引，毅然决定投身其中。当时，以太坊创始人 Vitalik 正在寻找对以太坊研究感兴趣的贡献者，Hsiao-Wei 没有丝毫犹豫，主动申请，最终成功加入以太坊团队，成为核心开发者之一。 从那一刻起，她全身心投入到以太坊的技术研究之中，其中最具代表性的贡献便是分片技术（Sharding）的开发。分片技术是解决以太坊扩展性问题的关键升级，显著提升网络吞吐量，使以太坊在处理大量交易时更加高效流畅。 除了分片技术，她还深度参与了 Casper、Beacon Chain 以及 Sharding P2P 网络 的研究和开发，确保这些核心基础设施的技术稳健性。此外，她还长期负责以太坊协议的审查和概念验证（PoC）开发，为以太坊 2.0（即 Eth2）的推进打下了坚实的技术基础。 尽管在技术领域深耕多年，Hsiao-Wei 并没有让自己局限于代码世界，而是积极投身于社区建设。她经常代表以太坊基金会参加并组织各种技术会议，尤其是在台湾地区，她策划并推动了许多高质量的以太坊技术交流活动，成功搭建起本地开发者与全球以太坊生态的桥梁。 例如，在 2018 年台北以太坊碎片研讨会（Ethereum Sharding Workshop Taipei）上，她作为组织者，还在技术讨论环节中居于核心位置，与全球开发者共同探讨以太坊的未来发展方向。她的贡献不仅提升了台湾以太坊社群的全球影响力，也让更多开发者有机会深入了解以太坊的前沿技术。 2018 年台北以太坊碎片研讨会 Hsiao-Wei Wang 居 C 位 如果要用几个词来形容自己，Hsiao-Wei 选择了「出乎意料的勇敢、诚恳、熊」。这听起来或许有些特别，但它恰如其分地体现了她的个性：在技术探索上勇往直前，在社区交流中真诚待人，同时又带着一点可爱的执拗和坚韧。无论是在代码中突破技术瓶颈，还是在社区中推动合作，她都展现出了这种特质。 如今，作为以太坊基金会的联合执行董事，Hsiao-Wei 不仅将继续深耕技术，看起来还将承担更多管理和协调职责。 Tomasz Stańczak 再来看另一位以太坊基金会的联合执行董事 Tomasz Stańczak。作为 Nethermind 的创始人，他不仅是以太坊核心开发者之一，还在 MEV（最大可提取价值）和 PBS（提议者-构建者分离）等关键领域进行了深度研究。如今，他站在以太坊发展的关键节点上，肩负着推动整个生态系统持续增长的重任。 在进入区块链领域之前，Tomasz 曾是一名金融市场的工程师，拥有丰富的技术经验。2017 年，他正式加入以太坊开发团队成为核心开发，是 FlashBots 的早期团队成员，也是 Starknet Foundation 的董事会成员。 之后他还创立了 Nethermind，以太坊如今最重要执行客户端之一。Nethermind 最初只是一个实验性项目，但在 Tomasz 的领导下，它迅速成长为以太坊生态系统中最重要的基础设施之一，与 Geth、Besu、Erigon 并列为五大执行客户端之一。 Tomasz 以极强的执行力，将 Nethermind 从一个小型团队打造为全球知名的区块链开发组织。他不仅建立了一套完善的人才培养和招聘体系，还推动 Nethermind 在 以太坊基础设施、再质押（EigenLayer）以及 StarkNet 等多个领域展开深度合作，使其成为推动以太坊生态发展的关键角色。 相比于 Geth 的历史积淀，Nethermind 以其高效的代码架构、灵活的定制性和强大的企业级支持，吸引了越来越多的开发者和机构用户。 作为技术革新者，Tomasz 的工作也曾引发争议。比如，Nethermind 曾与 Besu 一同停止存储以太坊的历史数据，这一决策引发了 Geth 核心开发者 Péter Szilágyi 的公开批评，认为这是不负责任的行为，并可能误导用户。 这也是 Péter Szilágyi 退出以太坊的导火线之一，「既然连核心开发者都在最大化他们相对于其他开发者的利益，为什么要费尽心思让它变得更好？我对参与其中的每个人都深感失望」。 目前，Tomasz 正在 逐步退出 Nethermind CEO 的角色，但仍会保持一定的参与度。他在基金会的新任务，是确保以太坊在扩展的同时，依然坚持其核心价值观：开源、全球无许可协作、隐私和安全。 这将是以太坊历史上最重要的时刻之一 以太坊核心开发者 Tim Beiko 在 3 月 2 日的发文中表示：「过去几个月可谓风起云涌。尽管以太坊要取得胜利仍需做出许多改变，但若能把握得当，这将是以太坊历史上最重要的时刻之一。」 他尤其对 Tomasz Stańczak 给予了极高的评价，称其是唯一一个能够从外部加入以太坊基金会，并立即推动变革的人。Tomasz 从零开始打造 Nethermind，将其发展为以太坊生态中最成功的独立组织之一，并始终活跃于全球，以实际行动与开发者、研究者和用户进行深度交流。他的加入，将为以太坊基金会带来更强的执行力和技术落地能力。 与此同时，Hsiao-Wei Wang 也是以太坊发展过程中不可或缺的一环。她不仅是少数几位从以太坊向「Eth2」转型初期便深度参与的开发者之一，还曾绘制了 第一张展示分片（Sharding）工作原理的图表。她不仅理解 以太坊研究如何演变为标准化规范并最终落地至生产环境，也拥有基金会长期核心成员的独特视角。她的加入，与 Tomasz 形成了技术与战略上的完美互补。 Tim Beiko 还强调，以太坊的文化是独特的，它既有自上而下的战略决策，也有自下而上的技术驱动。如今，在 Aya Miyaguchi 担任基金会主席，并建立起正式和非正式的咨询网络后，以太坊基金会的治理结构正在逐步完善。尽管 Aya 仍然是个充满争议的人物，但无论如何，以太坊必须在坚持 OG 价值观的同时，继续保持对新生力量的吸引力。 这场基金会人事调整的最终影响，可能需要时间才能完全显现。但可以肯定的是，这是一个好的改革开端，Vitalik 也正在尝试听取社区的意见。
Autonomous agents and their growing role in fostering a better DeFi economy
DeFi growth expected to gather steam with projections that its revenue could hit $376.9M in 2025. Autonomous Agents are expected to play a crucial role in the growth of the DeFi ecosystem. Autonomous agents execute trades fast, operate 24/7, and adapt to markets. Navigating the DeFi realm has become increasingly more sophisticated in recent years replete with a large number of protocols, chains, and strategies. The DeFi market projected to generate a revenue of $376.9 million by 2025 seeing that its TVL hit $138 billion this past December. As the market grows, the scale of potential opportunities on offer is matched only by the cognitive demands placed on its participants. This has created a perfect storm for automated trading tools to enter the fray, helping allay many of the human limitations currently permeating this sector. For instance, these tools are capable of executing trades in seconds or milliseconds, an aspect crucial in volatile markets where timing can mean the difference between booking a major profit or loss. Perhaps more importantly, these entities can operate continuously, allowing participation in a global market that never sleeps. Lastly, by eliminating emotional decision-making and adhering to predefined strategies, they can enhance both profitability and risk management by a huge margin. Looking beyond basic automation Historically speaking, one can see that the first generation of DeFi automation tools focused primarily on simple task execution, i.e. basic trading bots that followed predetermined rules and yield optimizers that automatically moved funds between protocols based on static parameters. While these tools were undoubtedly resourceful, providing users value in the form of time savings and consistency, they lacked the intelligence to adapt to rapidly changing market conditions or execute truly sophisticated cross-protocol strategies. Following this there was the advent of yield optimizers (like Yearn Finance ) that helped pioneer the automation of capital allocation across lending protocols, automatically moving funds to maximize returns. Subsequently, trading tools evolved from simple grid and arbitrage strategies to more complex algorithms incorporating technical indicators. That being said, these solutions still required significant user oversight, and technical knowledge to configure effectively — alongside frequent manual adjustments to respond to changing market conditions. Most recently, the market’s innovation has resulted in the birth of ‘Xenocognitive’ finance tools whose utility, as suggested by their name, extends beyond human cognitive limitations while preserving user sovereignty. At the forefront of this technological realm stands Giza . Unlike basic automation offerings that execute simple predefined tasks, Giza’s autonomous agents continuously analyze market conditions across protocols, allowing clients to execute complex yield strategies, and adapt to changing conditions without requiring any external intervention. At the heart of Giza’s approach lies ARMA , its first autonomous agent. With thousands of user-controlled agents managing substantial sums of money across different lending protocols, ARMA offers up a vision of how purpose-built DeFi intelligence — with its verifiable decision-making patterns — can deliver market-leading yields while maintaining complete security and user sovereignty. Features galore. Here’s what’s on offer! From the outside looking in, Giza’s architecture addresses many of the core challenges associated with agent-driven finance using three integrated components. The ‘semantic abstraction layer,’ for instance, transforms complex protocol interactions into standardized operations that agents can naturally reason about and execute, enabling sophisticated cross-protocol strategies without requiring protocol-specific interfaces. Similarly, the ‘agent authorization layer’ builds on the platform’s smart account infrastructure to enable non-custodial agent operations using a granular permission management module. As a result, users can maintain complete control of their assets while granting agents specific operational authority through session keys and programmable authorization policies. Working alongside these interfaces is Giza’s ‘decentralized execution layer’ which provides the system with crypto-economic guarantees — thanks, in large part, to its integration with EigenLayer which allows network operators to stake native GIZA tokens as collateral. All of this creates quantifiable costs for malicious behavior while incentivizing correct execution through protocol rewards. Not only that, by making use of this comprehensive framework, autonomous agents can bypass pervading cognitive barriers and eventually unlock sophisticated strategy participation across protocols that would otherwise be impossible for human operators. The result is systemic market improvements ranging from enhanced capital efficiency to improved price discovery to reduced systemic risk (through atomic distribution of strategies). The autonomous future of financial markets A quick look at some of the numbers available online, one can see that the growth trajectory for automated trading tools seems to be quite exponential, with one report expecting the crypto trading bot market to reach $41.61 billion by 2033. This expansion seems primed to be fueled by advancements in AI and ML that can enable systems to analyze vast amounts of data, predict market trends, and execute sophisticated strategies at unprecedented speeds. Therefore, as these technologies mature, the boundary between automation and true market intelligence will most likely continue to blur, reshaping how individuals and institutions engage with digital assets. Amidst this, agent-driven platforms like Giza stand to reshape the DeFi trading paradigm by operating as an extension of human intent.
How To Increase Ethereum Rewards Through Restaking?
Do you know that the Ethereum network has nearly 1 million network validators and over 31 million staked Ether? But this number is likely to increase because of the strong rise of Ethereum restaking. Restaking revolutionizes the staking landscape by allowing assets to be staked multiple times across various platforms and earning additional rewards. This article will provide a comprehensive guide on increasing Ethereum rewards through restaking. What is Ethereum Restaking? Ethereum restaking is the process of using assets that have been staked in the proof-of-stake Ethereum blockchains to be staked once again on different platforms or programs for additional rewards. This also enhances the utility and liquidity of the staked assets, as they can be used in various DeFi protocols or other staking mechanisms, thereby maximizing their potential returns and contributing to the overall efficiency of the Ethereum ecosystem. Restaking is also helpful in enhancing the security of the Ethereum network. By adding slashing conditions on the restaked ETH, the security of the blockchain can be extended to other networks. This allows for emerging blockchains to leverage the established security of Ethereum instead of developing their own security measures independently. In the restaking landscape, projects like EigenLayer play a major role. They act as middlemen connecting users staked ETH with diverse opportunities across multiple platforms or protocols. How Restaking Works? Let’s use EigenLayer, one of the best protocols for restaking ETH, as an example to explain how restaking works. Smart Contracts Restaking using the EigenLayer protocol involves implementing additional slashing conditions on the staked ETH in the form of smart contracts. This extends Ethereum’s security to the protocols within the EigenLayer ecosystem, known as Actively Validated Services (AVSs). If the validator fails to fulfill their duties to their AVS, their ETH stake will likely be slashed. This helps maintain accountability and reliability within the ecosystem. Furthermore, it occurs through on-chain slashing contracts and specialized smart contracts known as EigenPods. EigenPods act as intermediary accounts positioned between a restaker’s wallet and their stake. All staking withdrawals and rewards must pass through the intermediary before reaching the validator’s account. This allows the smart contract to impose penalties on validators who exhibit poor behavior, thereby enforcing the integrity of the network. EigenLayers offers two ways of restaking: native restaking and liquid restaking. Native Restaking And Liquid Restaking Native restaking is similar to the native staking process, which allows only those willing to run or already running on the Ethereum validator node. The difference is that the validator’s withdrawal address of native restaking becomes an EigenPod smart contract. Liquid staking is the process of locking up tokens in a smart contract in exchange for liquid staking tokens (LSTs) from liquid staking platforms like Lido and Rocket Pool. These LSTs represent staked assets and can be traded or utilized within the ecosystem while keeping the original tokens locked. Liquid restaking is when users deposit the LSTs into the Eigenlayer contracts, enabling them to participate in restaking activities. The smart contract allows the staking of Rocket Pool ETH (rETH), Coinbase Staked Ether (cbETH), and other liquid assets. Entrustment Once you have staked your ETH or deposited LSTs, the next crucial step is to delegate your stake. The person you delegate to will be directly responsible for AVS on the EigenLayer and is called the operator. They play a major role in the functionality and security of the EigenLayer network. There are two options for delegating stakes on the smart contract. You can act as an operator and delegate the stake yourself or delegate your stake to an existing operator. Although delegating your stake is easy, you can’t have any control over it. On the other hand, by delegating yourself, you can have control over the stake. How to Restake Ethereum? 1. Establish a Web3 Wallet: Acquire a Web3 wallet to enable interaction with DeFi protocols and dApps. If you have already staked ETH on liquid staking platforms, you can directly deposit it into the Web3 wallet. 2. Connect EigenLayer With Your Wallet: Go to the website app.eigenlayer.xyz to connect the wallet with the protocol. You will see a list of assets supported on EigenLayer and the TVL of each wallet locked in the smart contracts. 3. Choose Restaking Option: To become a validator and run your own node, native restaking is the way to go. On the other hand, if you don’t want to take responsibility, then choose your preferred liquid staking token and input the amount. 4. Verify Your Transactions: Ensure your transaction is deposited on EigenLayer and in-wallet. What Are The Benefits of Restaking? Flexibility: Restaking offers traders greater flexibility. It enables the utilization of staked assets in various financial activities without requiring the unstaking of the staked ETH. This allows for greater liquidity while retaining the potential for rewards. Furthermore, the enhanced flexibility optimizes the efficiency of capital allocation and the utility of staked assets. Extended Security: Restaking allows protocols to adjust security levels according to network needs. By utilizing restaking, protocols can increase security by engaging validators within the restaking protocol when necessary and scaling it down once demands return to normal. This cost-effective approach facilitates efficient network security scaling. Moreover, restaking provides early access to a wide array of validators for new protocols seeking to establish robust security, significantly enhancing their security during initial development stages. Rewards: Restaking Ethereum offers validators the advantage of compounding staking rewards through participation in multiple protocols. This allows stakers to enhance their ETH staking rewards with additional rewards from various protocols, potentially increasing their overall yield. While the exact reward rates fluctuate and vary among different protocols, stakers can typically expect an annual percentage yield of around 3% on their staked ETH. Ultimately, the rate of rewards from restaking depends on the specific AVS associated with the staked ETH. What Are the Risks Associated With Restaking? Slashing: When staking ETH, the user faces the risk of slashing, a consequence of malicious behavior. Moreover, this risk is increased when restaking, as additional slash conditions are included in exchange for the potential higher rewards. Slashing is a disciplinary measure in proof-of-stake blockchains, penalizing dishonest validators by reducing their staked assets and temporarily excluding them from the network. Each protocol has its own slashing terms, and depending on these terms, validators could potentially lose a significant portion of their staked assets. Centralization: A significant concern surrounding restaking is the potential for centralization. Validators leveraging restaking services often offer higher annual percentage yields (APY), potentially attracting more delegation to select validators, leading to few validators controlling the majority of the stake. This concentration of stake may compromise network neutrality. Conclusion Ethereum restaking offers an opportunity to maximize rewards and flexibility in the blockchain ecosystem. By leveraging restaking protocols like EigenLayer, users can compound staking rewards, enhance liquidity, and contribute to the network’s resilience and development. However, it’s also crucial to be mindful of the various risks of restaking. The post How To Increase Ethereum Rewards Through Restaking? appeared first on Cryptotale.
Chainlink and Optimism Slide Into the Top 3 On the Development Activity Leaderboard
🧑💻 Here are crypto's top overall coins by notable development activity the past 30 days. Directional indicators represent each project's ranking rise or fall since last month: ➡️ 1) Internet Computer $ICP 🥇 📈 2) Chainlink $LINK 🥈 📈 3) Optimism $OP 🥉 📉 4) Cardano $ADA ➡️ 5) Starknet $STRK 📉 6) Hedera $HBAR 📈 7) Ethereum $ETH 📉 T8) Polkadot $DOT 📉 T8) Kusama $KSM 📈 10) Eigenlayer $EIGEN 📖 Read about the for pulling github activity data from project repositories, and why it is so useful for crypto research, investing, and trading.
Godfish: the market may pick up in the second half of the year, the U.S. National Reserve is key
In the Space hosted by Wu and Cobo, Godfish recalled for the first time the scene of 12,000 ETH stolen last year: at that time, Eigenlayer sent airdrops, his physical condition was not ideal, and he clicked on the wrong link, and the link was problematic, although there is wind control on domain names and DNS resolution, but it just happened to be bypassed, and the hardware wallet was a blind signature, not so carefully examined. The hardware wallet is a blind signature, not so carefully checked. It should also be a North Korean hacker, can not be recovered. But later found safe multi-signature problem is more serious, almost every sum is blind signature. Godfish said that in the face of the power of the state, training in the teenage years, the penetration of the enterprise, the challenge of the human level, the industry should have a clear awareness. In the face of such a counterparty, the human nature of the slightest laxity can not be, need to be very able to resist the means and methods, may need an independent third party to join the security management. On this year's market expectations, Godfish said, may be in the second half of the year may be 6-10 months after the U.S. National Reserve gradually more clarity through, the industry market will flow into a relatively large number of new funds. About bulls and bears conversion is not good judgement, the key to see the United States national reserves this year there is no result. If there is no result of the bull market may be over, but at this moment through the probability is still relatively large.
The re-pledge agreement Byzantine has completed a $3 million Pre-Seed round of financing
The re-pledge agreement Byzantine Finance has completed a $3 million Pre-Seed round of financing, led by Node Capital and Blockwall Ventures, with participation from angel investors from Lightshift, Masterkey, Kiln Ventures, EigenLayer, LayerZero and Ledger. This funding will be used to develop its Byzantine's permissionless "aggregation layer", a protocol designed to enable multiple blockchains to share liquidity, status and users without sacrificing sovereignty.
The Restaking Renaissance – How Curators Could Revive the Ecosystem
HodlX Guest Post Submit Your Post In attention-driven industries or markets like the crypto market , it is essential for new technologies to possess or periodically introduce elements that push the needle, lest they face the risk of falling off. The most common example of these sorts of elements in the crypto industry is user incentives. Restaking is a natural case study of the effects of a lack of sustainable incentives in an attention-driven market. Although it was once a hot topic in crypto due to its potential to elevate the industry’s security landscape, it invariably lost momentum due to an inability of restaking platforms to compensate users adequately for their contributions to economic security. Luckily, nothing is ever truly finished in the crypto industry, and a once-forgotten narrative or use case could resurface with a few minor tweaks and changes. The advent of curators in shared security frameworks offers a glimmer of hope for revitalizing the restaking narrative, ensuring that users are adequately incentivized to continue contributing to the security of blockchain networks and protocols. Later in this article, I’ll define curators and highlight their role in restaking models. But first, let us explore why and how curators came to be. Restaking origins Over the years, blockchain infrastructure has become more modular, scalable and accessible, making it easier to create blockchain products. However, that same rapid development has been missing in security implementation. New networks and protocols must create new security systems from scratch or employ alternatives that are either too expensive or involve significant trade-offs. Restaking emerged as a solution to this problem. It introduced the concept of shared or pooled security, allowing new networks and protocols to borrow the security of more established blockchain networks. Restaking platforms like Eigenlayer, Babylon and Symbiotic enable new blockchain projects to quickly establish a security layer by connecting to larger, more secure projects. These platforms also encourage users to contribute to the economic security of these new projects by committing their already staked assets to the validators or nodes in their system. However, as the restaking narrative grew, the need for scalability became more apparent. Factors like risk management, reward allocation, and complexity management need to be handled to manage the risks associated with staking. Enter curators. What are curators Curators are entities within a shared security framework that manage, optimize and enhance interaction between the system’s components. Their work improves collaboration between these components and efficiency and functionality within the system. Curators take on several forms within a shared security framework and would likely increase as the restaking landscape proliferates. Let’s look at some of the curators in existing restaking frameworks. LRTs (liquid restaking tokens) These asset management entities provide a new layer of functionality by essentially allowing users to reuse already staked assets to contribute to the economic security of other networks and protocols in exchange for additional yield. LRTs provide various benefits, such as enhanced capital extraction, multi-network participation and increased decentralized security. Furthermore, LRT teams excel at handling and acquiring large amounts of stake and creating valuable incentive systems capable of attracting restakers to provide economic collateral, a quality that integrated networks can leverage to achieve desirable outcomes. Operators Operators are a key component of a shared security framework. They are responsible for running network infrastructure components and can also act as curators. This is because they provide several qualities that integrated networks can leverage to develop highly resilient systems and establish best practices. These include the ability to run various forms of network infrastructure, crypto-specific DevOps knowledge, and expertise in managing node redundancy and uptime. Risk managers and research entities Risk managers and research entities exist in various forms, including applied research groups, consulting agencies and independent or freelance researchers. Regardless of their form, though, they are responsible for identifying and quantifying risks within the ecosystem. Their work ensures the network’s overall security and helps all parties make informed decisions while establishing best practices for the industry. Conclusion Only the narratives that capture and maintain user interest remain relevant in attention-driven markets. In the earlier days, restaking platforms could not keep users incentivized enough to continue contributing to economic security, leading to a drop in momentum. However, the emergence of curators in shared security frameworks represents a new opportunity for restaking’s resurgence. Network participants can leverage these curators to design valuable incentive systems, develop highly resilient systems and manage risk exposure, which could attract user attention and revive the restaking ecosystem. All that remains is to wait and see if the market accepts this new paradigm and if networks adopt this system to drive adoption and generate interest among the crypto faithful. Filipe Gonçalves is the co-founder and CEO of Inceptive Labs , a Dubai-based venture studio specializing in DeFi innovations, and the lead contributor of InceptionLRT, the first modular aggregation layer for restaking. With over a decade of experience in fintech and DeFi, Filipe has pioneered products bridging traditional finance with decentralized systems. Generated Image: Midjourney
ON–315: Restaking
ournetwork xyz EigenLayer 🟣 👥 Diego Cabral | Website | Dashboard 📈 EigenLayer Continues to Lead the Restaking Sector After a surge in deposits between February and April 2024, total value locked (TVL) for Eigenlayer, the leading restaking protocol, has seen steady growth. TVL now exceeds 7.2M ETH —roughly $20B at the time of writing. Of that amount, 80.6% is native staked ETH, 14% is Lido’s stETH, while more than ten other variations of liquid staking tokens ( LSTs ) make up the rest. The protocol has just under 137,000 unique depositors. Dune - @hahahash DUne - @hahahash EigenLayer still dominates the restaking market with an 89% share — a ~5% increase since September 2024 — gained at the expense of Symbiotic and Karak, which now hold 7.6% and 3.3%, respectively. Most of this capital rotation started to happen on the second week of January 2025. Dune - @blocklytics Dune - @blocklytics Out of the total ETH supply of over 120M, nearly 34M ETH is staked, making up about 28%. Of that, over 7M ETH is restaked with EigenLayer — close to 6% of the total supply — demonstrating a strong commitment from depositors and node operators to the network’s security. Dune - @hahahash Symbiotic 👥 👥 okolicodes | Website | Dashboard 📈 Symbiotic Crosses 1,500 Unique Stakers Since Mainnet Launch Symbiotic is a shared security protocol designed to create a marketplace for economic security. It enables networks that need security to access it from those who have assets to stake, creating an efficient ecosystem where stake can be shared and utilized across multiple networks. Since mainnet deployment on the Jan. 28, 2025, about 1.8K users have deposited into one of Symbiotic's legacy vaults with about 1.4k of them being new to the Symbiotic Protocol. Dune - @player_one Dune - @okolicodes In a vault which holds LBTC, the liquid staked version of Bitcoin from Lombard , a total of about $45K has been deposited so far and the above chart displays the deposit amount in USD. Dune - @player_one Since January, Symbiotic has attracted 119 Operators , which are the entities running infrastructure for decentralized network within and outside of the Symbiotic ecosystem. Dune - @player_one Swell 🌊 👥 Ian Unsworth | Website | Dashboard 📈 Swell Chain has Quietly had 10K+ Unique Wallets Bridge Since Launching Last December, Bringing $200M+ TVL to the DeFi-focused Proof-of-Restake L2. Swellchain is the Layer 2 (L2) network for Swell, a non-custodial LST and liquid restaking token (LRT) provider with over $800M in TVL across all products. Swellchain itself operates as a restaking-focused Layer 2 network built on the OP Stack alongside other L2s like Base, Optimism, and Unichain. Swellchain has attracted top protocols such as Euler , the lending protocol, Ambient, the trading protocol, and soon Velodrome, the decentralized exchange (DEX), to deploy on their chain. This has allowed the chain's $230M of TVL to be productively utilized and spark economic activity on the network. Dune - @maybeYonas Swellchain has unique ties to actively validated services ( AVS ) and networks it secures, like Ditto and Hyperlane. While its restaking products secure these services, Swell also uses them, creating harmonic incentives. For instance, approximately 30% ($67M) of Swellchain’s TVL was bridged via Hyperlane. Dune - @maybeYonas Swellchain’s gas consumption has surged since December, with spikes tied to new protocol launches. The steady rise in daily gas used and seven-day moving average (DMA7) signals growing network demand. Continued acceleration suggests increasing adoption, reinforcing Swellchain’s role as quietly growing DeFi restaking hub. Flipside - @maybeyonas 🔦Transaction Spotlight:In less than a month after deploying on Swell on Jan. 20, Euler's WETH vault has become the largest DeFi contract on the chain, with $9.71M supplied and a 20% utilization rate. This is an interesting instance because there's only $10.56M of ETH total onchain for Swellchain. The majority of the TVL is in LRTs and other yield bearing assets, with EtherFi's weETH making up the largest chunk at 33% ($81.59M). Ether.fi ⚙️ 👥 Owen Fernau | Website | Dashboard 📈 Eigenlayer Dominates as Destination for Ether.fi Deposits Ether.fi is a non-custodial staking protocol whose key offering, eETH, is integrated with Eigenlayer to offer restaking rewards. The protocol reached 2.54M ETH in TVL, according to Dune Analytics . Deposits into Ether.fi are routed into different protocols — key among those is Eigenlayer, where Ether.fi's deposits constitute over 40% of the protocol's TVL. Ether.fi's deposits are also over 40% of Symbiotic's TVL, showing Ether.fi's impact in the restaking space. Dune - @ether_fi Ether.fi experienced a steady increase holders — defined as holding at least $10 of any of the platform's LRTs — since its launch in November 2023. Unique holders peaked at 150,000 in August 2024 and have since dropped 23% to 115,000. Dune - @ether_fi The seven day moving average of eETH, an LRT, is at 2.6% as of Feb. 20, 2025. That's in-line with LSTs like Lido's stETH and Rocket Pool's rETH. 🔦Transaction Spotlight: This address is the top ETH depositor on Ether.fi, with 55,102 ETH — valued at $148M+ at the time of writing — restaked through EigenLayer in the eETH vault. Solayer 🌐 👥 Oladimeji Mustapha | Website | Dashboard 📈 Net Liquidity for the USDC pool on Solayer, a Restaking Protocol on Solana, Took a Hit in February In early January, Solayer’s USDC pool saw an explosion in activity, with daily active wallets skyrocketing to 1.66K users, likely driven by fresh incentives, yield opportunities, or new integrations. But just as momentum built up, February took a sharp turn, withdrawals surged, outpacing deposits and triggering a liquidity drain. ✏️Editor's Note:Solayer's USDC pool offers sUSD, a yield-bearing, U.S. dollar-pegged stablecoin. sUSD, like ETH in Eigenlayer, can be used to secure AVS, according to Solayer's website . Dune - @w4vy Dune - @w4vy These are major outflows — 1.8M+ USDC in a single day. Was this a sudden shift in sentiment, reaction to changing incentives, or a well-planned whale exit? Either way, it’s a move that raises big questions about market confidence. 🔦
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