Ethereum liquid restaking protocols saw their total value locked (TVL) increase by almost 6,000% in 2024, as the demand for staked asset utility increased this year.
On Jan. 1, decentralized finance (DeFi) data aggregator DefiLlama showed that Ethereum’s liquid restaking TVL used to be around $284 million. After almost a year, the amount surged almost sixty times, reaching $17.26 billion on Dec. 15.
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