Massive TVL growth in Ethereum liquid restaking: The total value locked (TVL) in Ethereum’s liquid restaking soared from 284 million USD to 17.26 billion USD in 2024, reflecting a remarkable growth of nearly 6,000%. This surge showcases the increasing utility and popularity of staked assets in the evolving DeFi landscape.
ether.fi’s market dominance and risks involved: ether.fi currently dominates the liquid restaking sector, controlling over 50% of the market with 9.17 billion USD in restaked assets. Despite the benefits of enhanced liquidity, users must navigate risks such as depegging and volatility of derivative tokens to safeguard their investments.