This week brings a shorter edition, but we recommend our âStuff to Check Outâ section for more interesting resources and repos. Enjoy this weekâs EigenLayer News!
TL;DR
- TVL watch: $18.7b
- OpenBlock introduces EigenLayer AVS Dashboard
- Pufferâs Vampire attack begins
- Gauntletâs LRT Market Risk Framework
- AVS Spotlight: DODOchain
- Coffee & Books at ETHBerlin
- EigenLayer Hackathon workshops
- Sreeram on The Delphi Podcast
Ecosystem News:
TVL watch: $18.7b
As ETH prices rise, EigenLayer has a total value locked (TVL) of $18.7b according to DefiLlama.
OpenBlock introduces EigenLayer AVS Dashboard
Following the announcement of its partnership with the Eigen Foundation to deliver data-driven incentive modeling, OpenBlock has introduced AVS and Operator Intelligence. This feature offers a comprehensive view of the EigenLayer ecosystem, providing data and insights from April 2024 to the present.
Dashboard announcement
Pufferâs Vampire attack
Puffer is in the process of swapping their large holdings stETH into puffETH, to fuel staking decentralization. The first swap happened yesterday, redeeming 10k stETH for ETH. Lido dominance is expected to trend down as more withdrawals continue.
Gauntletâs LRT Market Risk Framework
Gauntlet published a framework for evaluating market risks involved in each Liquid Restaking Token. Framework includes assessing: External liquidity, Withdrawals and the withdrawal queue, LRT volatility, and DeFi risk.
Read more
AVS Spotlight: DODOchain
DODOchain MACH is a fast finality AVS designed for the DODOchain by AltLayer. DODOchain is an Omni-Trading Layer 3 platform powered by the integration of AltLayer, EigenLayer and Arbitrum Orbit, designed to connect Ethereum rollups and Bitcoin networks.
By consolidating liquidity from multiple chains into a unified trading environment and leveraging cross-chain technology and market-making algorithms, DODOchain aims to provide a seamless and secure trading experience. This approach enhances overall market liquidity and asset utilization across both EVM and non-EVM ecosystems.
Learn more about DODOchain MACH
Community News:
Coffee & Books at ETHBerlin
ETH Berlin begins this weekend! Instead of booths, this year ETHBerlin invited projects to suggest experiences for hackers. The EigenLayer team will be hosting a Cafe. Start your day with a fresh cup of coffee at EigenLayer Cafe, then grab a special intersubjective book and much more. Check out ETHBerlin experiences.
EigenLayer Hackathon workshops
The EigenLayer Hackathon had a fantastic first week!
The hackathon includes a lineup of workshops on Restaking, AVSs, EigenDA, and many more during the first three âEducate weeksâ.
- AMA with Gajesh Naik, core engineer at EigenLayer, and Jackie (@agaperste) DevRel at Dune Analytics demonstrated how to build an AVS Explorer using the Dune API. Watch the recording.
- Ken Miyachi introduced Polymer, providing insights on how to utilize its tools.
Upcoming
- May 21st: Andrew Smith and Andrew Hathaway from Versatus Labs showcase how to build with LASR + EigenDA.
- May 22nd: Expanding Ethereum Security with Nearâs Fast Finality with Altan Tutar (Nuffle Labs).
- May 23rd: Gajesh Naik, core engineer at EigenLayer leads the workshop on how to build the first AVS.
Sreeram on The Delphi Podcast
Sreeram Kannan discusses Eigenlayer and how it extends Ethereumâs security, AVS, and the dual token model. Listen to the podcast here.
Learn about EigenLayer
Key resources, docs and guides on: EigenLayer Hub
{Stuff to Check Out}
Coinbaseâs EigenLayer AVS Landscape
Hello World AVS repo
EigenLayerâs Awesome AVS Repo
EigenLayer Holicâs AVS Landscape
See you next week
EigenLayer News is a space to learn and stay informed about announcements and upcoming initiatives within EigenLayer. Our aim is to provide a window into what we believe is the ultimate coordination layer in crypto.
About Us
About us, @ocandocrypto and @eugenia, weâre core contributors to web3citizen.xyz.
Reach out to us on @eigenlayernews or @web3citizenxyz - we would love to hear your feedback!