What EigenLayer is

EigenLayer (EIGEN) is a liquid-staking / restaking derivative token, currently ranked 205th by market capitalization among the assets we track. Rather than locking assets to stake, holders of EigenLayer hold a liquid claim on a staked position. That claim earns yield and can be redeployed, which is why liquid-staking tokens became DeFi collateral staples.

Eigenlayer (EIGEN) is a protocol that enables Ethereum validators to restake their ETH, allowing them to provide security for additional services and applications built on Ethereum. This innovative approach enhances network security while creating new revenue opportunities for validators.

How the yield and peg work

Holding EigenLayer is holding staking yield in liquid form. The main risks are the staking provider's smart contracts and any divergence between the token's market price and the redeemable value of the stake.

Background & fundamentals

The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in EIGEN. In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Liquid Staking Token (LST), and Made in USA.

Where EigenLayer sits in the market

At $0.2062, EigenLayer carries a market capitalization of $69.74M. Around $12.89M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 18.48% of the float — elevated, often a sign of narrative-driven trading.

EigenLayer carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. EIGEN remains -96% beneath its all-time high of $5.65, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.1479, EIGEN is up +39%.

What the price history shows

Across timeframes, EIGEN shows 24-hour -8.18%, 7-day -20.83%, 30-day +26.47%, 1-year -85.34%. EIGEN is currently trading near the bottom of its 365-day range (around the 4th percentile of recent closes).

Volatility profile

Recent action puts EigenLayer in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely. Over the last 30 days the move totals +26.47%, a useful input for stop placement and position sizing.

How to evaluate a liquid-staking token like EigenLayer

The honest checklist for EIGEN is short:

  • Peg to underlying — whether EIGEN trades close to the value of the stake it represents.
  • Provider risk — the smart-contract and validator risk of the staking protocol behind EIGEN.
  • Yield and unlocks — the staking yield and how withdrawal queues behave under stress.

This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.