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As of Aug. 15, EigenLayer, a restaking platform built on Ethereum, has the leading position in the restaking ecosystem with a total value locked (TVL) of $12.9 billion. According to IntoTheBlock (ITB) data, EigenLayer TVL witnessed an 11% increase from $11.6 billion one week prior, indicating growth in the restaking sector. Restaking involves users repurposing their cryptocurrency assets to secure external Actively Validated Services (AVS) with the potential to earn additional rewards. Related: Restaking is ‘inevitable,’ but the risks are still uncertain — Ether.fi CEO 70% of EigenLayer TVL in…

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