Cryp2Nova

DEFI Yield Restaking Ethereum Liquid Restaking Total Value Locked

DeFi

The total USD value of ETH deposited into liquid restaking protocols on Ethereum, which issue a tradable token representing the restaked position Shown here for Swell.

Why it matters

To measure the scale of capital using liquid restaking tokens to earn restaking yield while retaining liquidity.

How it is built

Summing the USD value of ETH held across all tracked liquid restaking protocols on Ethereum.

What to watch

Growth in liquid restaking TVL shows users increasingly prefer restaking through liquid, tradable tokens over locking ETH directly, expanding the composability of restaked capital across DeFi.

Related metrics