Analysis: TVL of liquidity re-pledge protocol dropped 38% from the peak in June, and EigenLayer ranked first with a market share of 84%.

OurNetwork said in its latest restaking analysis that user interest in restaking grew in the first half of 2024 and has now stabilized: as of September 11, the value of staked ETH in USD in the restaking protocol has fallen 38% from its peak in June. Adjusting for ETH-USD volatility, ETH units have remained flat over the same period, with limited new net inflows. Today, there are 23 AVS, with liquid staking accounting for 75% of total TVL. Among them, EigenLayer accounts for 84% of the market share, Symbiotic ranks second with 12% market share, and Karak ranks third with 4% market share. As of September 12, EigenLayer has a net outflow of 94,000 ETH, or about $222 million, in the past month. During the same period, Karak had a net outflow of 14,000 ETH ($33 million). Symbiotic was the only protocol with net inflows (253,000 ETH), or approximately $598 million.