#ETHFI⁩ The pledge track has been very hot in the past two months. Who will grow into the leader of this track?

What is re-pledge? Restaking is to re-pledge crypto assets to other blockchain projects or verification networks to obtain secondary benefits. To put it bluntly, it is secondary mining, which is essentially the previous DeFi gameplay. First, LP is formed in swap, and then pledged to the loan project for mining, and old wine is put in new bottles.

Recently, the restaking domain has once again shown a trend of rapid growth, and the Ethereum liquidity re-pledge protocol TVL continues to set new records.

The Ethereum liquidity re-pledge protocol TVL is currently $7.419 billion, continuing to hit a new high. Among them, the top five protocols with TVL are:

#ETHFI⁩ TVL is $3.116 billion, a 7-day increase of 17.64%;

#Renzo TVL is $1.485 billion, a 7-day increase of 63.34%;

#PufferFinance TVL is $1.338 billion, a 7-day increase of 13.96%;

#kelpDAO TVL was $704.2 million, a 7-day increase of 16.86%;

#EIGENPIETVL is $348.22 million, a 7-day increase of 12.56%.

The growth in the scale of re-pledged funds may lead to potential systemic risks, including reduced project security and increased risk of hacker attacks. The contract reviewed by Manwu is no exception: $ETHFI $ETH $BTC