Restaking protocol that extends Ethereum economic security to new services for additional yield
Last updated: July 2026
EigenLayer invented restaking — a primitive that allows Ethereum validators and liquid staking token holders to extend their slashable economic stake to additional services beyond Ethereum consensus, called Actively Validated Services (AVSs). When you restake via EigenLayer (depositing stETH, rETH, cbETH, or natively staked ETH), you opt into having your capital slashable by AVS smart contracts in exchange for additional reward streams. AVSs that have launched include EigenDA (a data availability layer for Ethereum L2s operated by Eigen Labs), various oracle networks, keeper bot systems, and cross-chain bridge validators. EigenLayer attracted over $15 billion in restaked assets at peak, making it one of the fastest-growing DeFi protocols in history. The EIGEN token launched in 2024 with a controversial airdrop that excluded US users, and subsequently traded at significant market caps. For Ethereum stakers already earning staking yield, restaking offers incremental yield for incremental risk — the risk being that AVS slashing conditions could penalize your ETH for off-chain behavior outside of Ethereum's core consensus rules. The risk-reward calculus depends heavily on which AVSs you opt into and their respective slashing conditions.
EigenLayer offers a free plan.
EigenLayer
Free
| Feature | EigenLayer |
|---|---|
| Liquid Token | ✗ |
| Minimum Stake | No minimum |
| Reward Frequency | AVS-determined |
| Defi Compatible | ✗ |
| Node Operator Model | Permissioned operators (AVS-specific) |
| Governance Token | ✓ |
| Multi Chain | ✗ |
| Slashing Protection | ✗ |
| Withdrawal Enabled | ✓ |
| Avs Ecosystem | ✓ |
Yes, EigenLayer has a free plan.
EigenLayer is used for restaking protocol that extends ethereum economic security to new services for additional yield. It's primarily used by Web3 teams in the Staking & Liquid Staking category.
See our full alternatives comparison at web3tools.directory/alternatives/eigenlayer.
EigenLayer has a rating of 4.3/5 based on 1240 reviews. Key strength: Invented restaking — incremental yield on already-staked ETH. Main limitation: Additional slashing risk from AVSs — not all slashing conditions are well-understood.
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