EigenLayer's Ethereum restaking protocol is close to releasing its native token, EIGEN, with derivative markets suggesting a positive start. The token, previously non-transferable, is expected to debut at around $4 per token based on perpetual futures data from Aevo and Hyperliquid exchanges. Despite potential selling pressure from airdrop farmers, there is anticipation for increased interest in acquiring EIGEN throughout the cycle. With a total supply of 1.67 billion tokens and a fully diluted value projected to exceed $6.7 billion, EigenLayer's token is set to unlock on October 1 and begin trading on major centralized exchanges. The token's value has been steadily rising, with trading volumes on Aevo and Hyperliquid reaching $1 million. Additionally, EigenLayer's TVL has surpassed $12 billion, with various AVS protocols starting to reward restakers with ETH and EIGEN tokens. Read more AI-generated news on: https://app.chaingpt.org/news