Data Analysis of EigenLayer’s Second Round Deposit Progress

EigenLayer's Second Round Deposit Analysis

EigenLayer raised the LST limit during the week of July 10th, and Nansen researcher Osgur Mok analyzed and interpreted the deposit progress of each type of LST pool in an article.

EigenLayer has raised the cap of LST (including rETH, stETH, and cbETH) to 15,000 tokens without any personal deposit limit. Once the total LST deposits reach 30,000 tokens, the LST staking will be paused again. The stETH pool was filled in a few minutes, which was expected as stETH accounts for 77% of the LST market share. The main reason for this was the rapid movement of whale addresses, with the largest depositor holding 20% of the stETH contract deposits, and the top 5 holding about 46%. Rocket Pool’s rETH pool quickly followed suit, but the top 5 rETH depositors only account for 10.8% of the rETH contract deposits. The last pool to fill up was cbETH. Interestingly, when we checked the addresses, we found that Rocket Pool rETH was the most widely distributed in a single address, with no address holding more than $1 million.

Reference: https://twitter.com/0xomok/status/1679452392323158016

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

Interpretation | FCoin Shutdown: A Quick Look at the Exchange's Death Stance

The content of today's interpretation is mainly divided into three aspects: The first aspect is the beginning an...

Blockchain

After carrying a huge debt and shutting down TradeBlock, the former crypto empire DCG is now struggling for survival with one arm.

As the liquidity crisis in encryption erupted, the market declined, and the previous blind expansion and investment h...

Blockchain

Long text: the change of the encrypted asset exchange and the risk challenge

Encrypted asset exchanges, like traditional exchanges, are products that develop to a certain period of time. With th...

Blockchain

Alameda Research's $200M Blow A Tale of Phishing Attacks and Poor Security Practices, as Confessed by Ex-FTX Engineer

Aditya Baradwaj has revealed that a file containing blockchain private keys and exchange API keys was left vulnerable...

Market

Which exchanges and currencies are in the process of brushing? New report decrypts the real trading situation of the encryption market

BTI's algorithm connects to the exchange through its public API and websocket. The transaction is analyzed and t...