Ethereum restaking protocol Symbiotic crosses $1 billion TVL in a month

Symbiotic, a new restaking protocol on Ethereum, has achieved a total value locked (TVL) of $1 billion within its first month. The protocol’s growth puts it in a position to compete with EigenLayer, the leading restaking protocol. Also read: EigenLayer enhances EigenDA security to counter Sybil and DDoS attacks According to Defillama data, EigenLayer remains

Source: Cryptopolitan