$EIGEN is listed on Binance at a price of around 4$

• Initial circulating supply: 200 million (11.95% of the total supply of 1.67 billion)

However, the actual circulating supply is only about 83.7M (according to Binance) due to the unclaimed airdrop tokens and the claimed tokens being restaken back to the platform. => This is just an estimate, as the figures may change depending on the amount of tokens claimed, restaken and unstaken.

• MC = $334M / FDV = $6.7B

This is a fairly modest capitalization for a project with a large position like EigenLayer

- EigenLayer is the 3rd largest DeFi protocol in the market with 12 billion USD TVL, only behind Lido and Aave.

- The project has raised a total of $164M from many names such as: a16Z, Polychain, Blockchain Capital, Coinbase VC,...

- $EIGEN is used for staking, providing security for authentication services on EigenLayer, while allowing users to participate in system governance and receive rewards.

- Regarding Unlock, Investors and Contributors are locked (55%) for 1 year. By September 30, 2025, 4% of this total 55% will be unlocked every month for 2 years.

- In addition, each year there will be a new amount of EIGEN minted, estimated at about 4% of the total reward supply for users participating in restaking, which means inflationary pressure of 4% EIGEN each year.

According to 5phutcrypto