EigenCloud
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EigenCloud in numbers
EigenCloud (EIGEN) ranks #139 by market capitalization, at $219.81M. It belongs to the Others sector (Restaking). It has traded since Sep 16, 2024, with $41.70M of volume in the last 24 hours. Its all-time high of $26.05 was reached on Sep 23, 2024; the current price is 99.4% below that peak. Its cycle low of $0.149314 came on Apr 5, 2026.
1.02B EIGEN are in circulation. Development data lists 33 core developers and 133,372 code commits. On Ethereum, 183,321 addresses hold EIGEN. It is available on 2 networks.
About EigenCloud
EigenCloud, formerly known as EigenLayer, is a developer platform for building verifiable applications and autonomous AI agents. The project has expanded beyond its original focus on Ethereum restaking and Actively Validated Services (AVSs) to position itself as the “verifiable cloud for the agentic era,” providing infrastructure that allows developers and users to verify how an agent was executed, which code and models it used, and whether its outputs were altered.
Background
EigenCloud, formerly known as EigenLayer, was founded in 2021 by Sreeram Kannan. Eigen is the German word for “own,” and Kannan has stated that EigenLayer was founded to provide users “your own layer” and “developers with access to the Ethereum staked capital base and decentralized validator set.”
Below is a timeline of key protocol developments:
As of July 2026, EigenCloud is primarily positioned as an integrated infrastructure platform for verifiable applications and autonomous AI agents. Its principal components include:
EigenCloud’s strategic evolution can therefore be understood as an expansion of EigenLayer’s original restaking thesis. EigenLayer initially enabled blockchain services to borrow Ethereum’s economic security. EigenCloud applies the same broader principle—replacing trust in an operator with independently verifiable commitments—to cloud applications and AI agents. Restaking, operator rewards and slashing remain the economic foundation, while EigenCompute, EigenAI, EigenDA and AgentKit provide the application-facing infrastructure through which those guarantees can be used.