News

Restaking Protocol EigenLayer Launches on the Ethereum Mainnet

The latest features introduced by EigenLayer include the ability for restakers to delegate their full stake to a chosen Operator, enabling operators to officially join EigenLayer.
Published by
Restaking Protocol EigenLayer Launches on the Ethereum Mainnet

Highlights

  • The launch on the Ethereum mainnet introduces restaking protocols EigenLayer and EigenDA.
  • EigenDA, as the inaugural AVS to debut, enters the competitive landscape of data storage.
  • EigenLayer now allows restakers to delegate their full stake to a chosen Operator.

Ethereum-based restaking protocol EigenLayer has been recently in the news with its total value locked crossing a staggering $12.4 billion while dominating Ethereum’s DeFi sector. In the latest developments on Tuesday, April 9, the EigenLayer announced its launch on the Ethereum mainnet.

EigenLayer Makes Way to Ethereum Mainnet

As per the latest announcement, EigenLayer and EigenDA, Ethereum’s restaking protocols, have been officially deployed on the Ethereum mainnet. EigenDA, as the inaugural AVS (Autonomous Vault System) to launch, enters into competition with platforms like Celestia in the provision of data storage services.

The latest features comprise:

  • Restakers now have the option to delegate their full stake to a chosen Operator.
  • Operators can officially join EigenLayer and choose to operate AVSs.
  • AVSs can register with the protocol, beginning with EigenDA (currently undergoing beta testing).

Previously, restaking in EigenLayer involved depositing LSTs or configuring validator withdrawal credentials to an EigenPod. With the recent launch of operators and an AVS (EigenDA), active restaking now entails delegating to one of the top 200 operators operating AVSs.

More Details for the Restakers

In its blog post, EigenLayer reported that to restake to an AVS like EigenDA, individuals must delegate their entire stake to an operator who has chosen to participate in that specific AVS. If an operator decides to opt into multiple AVSs, the stake delegated to them covers all of the AVSs they are involved with. While delegation is non-custodial, meaning operators do not hold the stake, the EigenLayer protocol does not assure the suitability of any operator to effectively run AVS software.

In the immediate term, EigenLayer does not pose the risk of slashing while operators establish themselves within the ecosystem and fortify their procedures. However, operators will eventually be susceptible to slashing penalties if they fail to properly operate AVSs.

If individuals restake in EigenLayer via an LRT (Liquidity Transformation Request), the LRT DAO (Decentralized Autonomous Organization) will handle the delegation management. Each LRT operates independently and is at varying stages of readiness to oversee restaker delegations. Note that these LRTs have no affiliation with Eigen Labs. Thus, individuals should contact each LRT directly to inquire about their plans regarding restaker delegations.

Advertisement

Share
Bhushan Akolkar

Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Trump Picks SEC Crypto Counsel Michael Selig to Lead CFTC Amid Crypto Oversight Push

Michael Selig is the latest candidate who has been chosen by President Donald Trump to…

October 25, 2025
  • News

First Spot XRP ETF Hits Milestone as CME Flags Institutional Interest

Institutional momentum in XRP is accelerating as the first U.S. spot XRP ETF ($XRPR) reached…

October 25, 2025
  • Price Analysis

Can Hype Price Hit $50 After Robinhood Listing?

HYPE, the native token of the decentralized exchange Hyperliquid, has witnessed a notable price surge…

October 24, 2025
  • News

XRP News: Ripple Unveils ‘Ripple Prime’ After Closing $1.25B Hidden Road Deal

In the latest XRP news, Ripple has introduced 'Ripple Prime,' which it plans to integrate…

October 24, 2025
  • News

Traders Price In Two More Fed Rate Cuts This Year After Soft Inflation Data

Traders are betting on the FOMC to make two more rate cuts this year following…

October 24, 2025
  • News

Crypto.com Joins Ripple in Banking License Bid Amid Industry Push for Market Structure Bill

Crypto.com has submitted an application with the U.S. National Trust Bank Charter. It aims to…

October 24, 2025