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

Deutsche Börse and German commercial banks use DLT technology to settle tokenized securities

According to Cointelegraph's October 23 report, the Deutsche Boerse and the German commercial bank jointly compl...

News

"Farewell Hayek": Conjecture on the Development Space of STO in China

Abstract: Looking forward to the top-down "Zunyi Meeting" on STO. After "clearing the source of the or...

Blockchain

Perspective | Open Source Currency and Open Source Ecosystem

The wave of open source cryptographic assets is shaking the world. The blockchain revolution represented by Bitcoin a...

Blockchain

Knowing the food on the table, UPS traces the source of beef using blockchain technology

According to foreign media reports on November 12, global freight giant UPS (United Parcel) announced cooperation wit...

Blockchain

Yao Qian: What is the difference between the new financial market infrastructure based on blockchain and traditional FMI?

Author: Before Yao (China Securities Depository and Clearing Corporation Limited General Manager) Source: China Finan...

Blockchain

Getting started with blockchain | Block heights and bookkeeping

In many articles about blockchains, it is often seen that blockchains are bifurcated at a certain block height. So wh...