以太坊重新抵押格局发生转变：EigenLayer 占据主导地位，Lido 份额减少

以太坊重质押协议 EigenLayer 在过去 24 小时内见证了 Lido 质押 ETH 约 1.57 亿美元的显着流入。这一显着的流入标志着该平台自 2 月份以来的最高流入量。资金流入恰逢 Lido 的以太坊质押市场份额下降，由于资金流出至重新质押协议，跌至 30% 以下。

Ethereum's Restaking Revolution: EigenLayer's Meteoric Rise and Lido's Market Share Decline

以太坊的重新抵押革命：EigenLayer 的崛起和 Lido 的市场份额下降

Amidst the recent market volatility, the Ethereum restaking landscape has witnessed a significant shift, with EigenLayer emerging as the dominant force while Lido's market share has dwindled.

在近期的市场波动中，以太坊重质押格局发生了重大转变，EigenLayer 成为主导力量，而 Lido 的市场份额则有所下降。

EigenLayer's Triumphant Surge

EigenLayer 的凯旋

EigenLayer, a leading Ethereum restaking protocol, has experienced a remarkable surge in popularity recently, attracting massive inflows of staked Ether (ETH). In the past 24 hours alone, EigenLayer has seen approximately $157 million worth of staked ETH flowing into its platform, marking the highest inflow since February.

EigenLayer 是领先的以太坊重质押协议，最近人气大幅飙升，吸引了质押以太坊 (ETH) 的大量流入。仅在过去 24 小时内，EigenLayer 就有价值约 1.57 亿美元的质押 ETH 流入其平台，这是自 2 月份以来的最高流入量。

This surge in inflows coincides with a period of market turbulence, highlighting the growing appeal of restaking protocols like EigenLayer. Restaking allows users to earn rewards on their previously staked ETH, further incentivizing participation in the Ethereum ecosystem.

资金流入激增恰逢市场动荡时期，凸显了 EigenLayer 等重新抵押协议的吸引力日益增长。重新质押允许用户通过之前质押的 ETH 获得奖励，进一步激励对以太坊生态系统的参与。

Removal of Liquid Staking Token Caps

取消流动性质押代币上限

Contributing to EigenLayer's surge is its recent decision to remove caps on all ETH liquid staking tokens (LST). This move signifies a shift towards an open market for innovation, allowing users unrestricted access to all LST pools on the platform.

EigenLayer 最近决定取消所有 ETH 流动质押代币（LST）的上限，这推动了 EigenLayer 的飙升。此举标志着向开放创新市场的转变，允许用户不受限制地访问平台上的所有LST池。

Previously, EigenLayer had implemented caps to promote decentralization and mitigate the risk of dominance by any single token. However, with the recent mainnet launch, the protocol has decided to remove these caps, accompanied by a governance participation limit of 33% for any liquid-staked token. This ensures neutrality and maintains a decentralized environment.

此前，EigenLayer 已实施上限以促进去中心化并降低任何单一代币占据主导地位的风险。然而，随着最近主网的推出，该协议决定取消这些上限，并对任何流动质押代币的治理参与限制为 33%。这确保了中立性并维持了去中心化的环境。

EigenLayer's Dominance in the Restaking Sector

EigenLayer 在重质押领域的主导地位

Despite the market volatility, EigenLayer has cemented its position as the dominant player in the restaking sector, controlling a remarkable 99% of the market share. Data from DeFillama reveals that EigenLayer currently holds approximately 4 million ETH, valued at over $12.2 billion on its platform.

尽管市场波动较大，EigenLayer 仍巩固了其在重质押领域的主导地位，控制着 99% 的市场份额。 DeFillama 的数据显示，EigenLayer 目前持有约 400 万枚 ETH，在其平台上价值超过 122 亿美元。

Lido's Declining Market Share

丽都市场份额下降

Concurrently with EigenLayer's rise, Lido, a prominent staking platform, has experienced a decline in its market share. A Dune Analytics dashboard curated by Dragonfly analyst Hildobby indicates that Lido has faced the largest outflow among staking platforms in the past month, losing nearly 400,000 ETH. This has reduced its market share to approximately 28.87%.

在EigenLayer崛起的同时，著名的质押平台Lido的市场份额却出现了下降。 Dragonfly 分析师 Hildobby 策划的 Dune Analytics 仪表板显示，Lido 在过去一个月中面临着质押平台中最大的资金外流，损失了近 400,000 ETH。这使其市场份额下降至约28.87%。

Heightened Competition in the Liquid Staking Landscape

流动质押领域的竞争加剧

Market analysts attribute Lido's market share decline to the intensifying competition within the liquid staking landscape. Ethereum educator Anthony Sassano emphasizes the crucial role of competition in curbing Lido's growth and diversifying the staking ecosystem.

市场分析师将 Lido 的市场份额下降归因于流动质押领域竞争的加剧。以太坊教育家 Anthony Sassano 强调竞争在抑制 Lido 的增长和使 stake 生态系统多样化方面发挥着至关重要的作用。

Key Takeaways

要点

• EigenLayer's recent surge in inflows underscores its growing prominence in the Ethereum restaking sector.
• The removal of LST caps on EigenLayer fosters an open market for innovation and empowers users with unrestricted access to LST pools.
• EigenLayer's current dominance in the restaking sector, with 99% market share, reflects its strength and stability.
• Lido's declining market share highlights the growing competitive landscape in the liquid staking market.
• The emergence of strong competitors like EigenLayer and others contributes to a more balanced and decentralized Ethereum staking ecosystem.

EigenLayer 最近的资金流入激增凸显了其在以太坊重质押领域中日益突出的地位。EigenLayer 取消 LST 上限促进了开放的创新市场，并使用户能够不受限制地访问 LST 池。EigenLayer 目前在重质押领域占据主导地位，拥有 99% 的市场份额份额，体现了其实力和稳定性。Lido 市场份额的下降凸显了流动性 Stake 市场的竞争格局日益激烈。EigenLayer 等强大竞争对手的出现有助于构建更加平衡和去中心化的以太坊 Stake 生态系统。