EigenLayer

EigenLayer

Ethereum restaking protocol enabling capital reuse through cryptographic commitments and operator networks.

Launch Year
2023
Consensus
Proof of Stake (Ethereum consensus)
Max Supply
Approx. 1.7 billion EIGEN (at full dilution)
Block Time
~12 seconds
EIGEN
EIGEN
EigenLayer
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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EigenLayer Price Chart

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About EigenLayer

EigenLayer is a restaking protocol on Ethereum that enables ETH stakers to commit their staked ETH to securing additional networks and protocols (Actively Validated Services, or AVS) while still earning Ethereum's native staking rewards. EIGEN is the protocol's governance and utility token, used for voting on protocol parameters, validator slashing conditions, and fee structures. EigenLayer transforms Ethereum staking into a more capital-efficient system by allowing the same capital to secure multiple networks simultaneously, creating new revenue streams for stakers. The protocol uses cryptographic commitments rather than bridging tokens, maintaining Ethereum-level security. Swap EIGEN on SyntheticSwap with no registration required.

History

2023
EigenLayer launched on Ethereum mainnet with support for liquid staking token restaking
2023
Initial AVS partnerships announced including eigenlabs' own operators and data availability services
2024
EigenLayer expanded with EigenDA (data availability service) and additional AVS integrations
2024
EIGEN token airdrop distributed to early users and restakers supporting the protocol
2024
Continued growth in total value restaked (TVR) approaching billions in ETH commitments

How to Swap EIGEN

To swap EigenLayer (EIGEN) on SyntheticSwap, no account creation or KYC is required. EIGEN is an ERC-20 token on the Ethereum blockchain, compatible with MetaMask, Ledger, Coinbase Wallet, and any standard Web3 wallet. Navigate to SyntheticSwap, select EIGEN as your source or target asset, enter your wallet address for receiving tokens, and confirm the exchange rate. Send EIGEN from your wallet to the deposit address shown, and your destination tokens arrive directly to your specified address once the Ethereum transaction confirms. SyntheticSwap is fully non-custodial and never holds your assets.

How to Store EIGEN

Store EIGEN in MetaMask, Ledger, or any ERC-20 compatible Ethereum wallet. EIGEN holders can participate in governance by voting on AVS slashing conditions, fee parameters, and protocol upgrades.

Frequently Asked Questions