EigenLayer remains the dominant restaking protocol. As of mid-2025, it holds approximately 4.4 million restaked ETH. That’s about 89.1% of all restaked ETH. Its Total Value Locked sits around $12.0-12.1 billion, far ahead of competitors like Symbiotic which has a TVL of ~US$1.03 billion, or Karak with roughly $442 million in TVL.
Restaking has become one of the most debated experiments in crypto. Successful Ethereum restaking could become the backbone of web3. But failure could turn its greatest strength — its massive pool of staked ETH — into a systemic liability.
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