Liquid Staking Protocols See Explosive Growth, Surpassing $8 Billion as Users Chase EigenLayer Airdrop
• Liquid restaking tokens (LRTs) have seen explosive growth, with total value locked surpassing $8.4 billion
• EtherFi leads with over $3.3 billion TVL, followed by Renzo at $2.2 billion and Puffer at $1.3 billion
• Adoption of EigenLayer protocol is driving growth, with its TVL exceeding $12.4 billion
• Prospect of EigenLayer airdrop incentivizing users to deposit staked ETH into protocols
• Analysts predict liquid restaking will be a pivotal DeFi narrative over the next decade