Skip to main content
institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published • loading... • Updated

The restaking gold rush is over, and top protocols are barely making a profit

The restaking gold rush is over, and top protocols are barely making a profit CoinDesk

4 Articles

Coin DeskCoin Desk
+2 Reposted by 2 other sources
Center

The restaking gold rush is over, and top protocols are barely making a profit

As restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead.

·New York, United States
Read Full Article

The strategy that promised to generate a second return with the same ETH lost appeal when service payments failed to offset costs and the risk of slashing came into play. Ether.fi already disassembles its link with EigenLayer, while the figures from the main protocols show modest revenues and a much smaller market than at its peak.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

BizToc broke the news on Monday, September 28, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal