EigenLayer’s native token EIGEN is about to be unlocked, and derivatives markets are predicting a positive start based on trading data from decentralized perpetual exchanges. Launched in May, EIGEN was non-transferable, but perpetual futures on Aevo and Hyperliquid exchanges suggest a spot price of around $4 per token.

EIGEN will be unlocked on October 1 at 05:00 UTC and will be available for trading on centralized exchanges such as Binance and BitFinex. With a total supply of 1.67 billion, EIGEN could have a fully diluted value of over $6.7 billion.

EIGEN’s price has nearly doubled since early September. A similar increase has been seen in OTC trading. EigenLayer stands out with its total locked value of $12 billion.

What do you think the future of EIGEN will be like? Let’s discuss it in the comments!