EigenLayer
Project Twitter: https://x.com/eigenlayer
Project website: https://www.eigenlayer.xyz/
Amount unlocked this time: 36.82 million tokens
Amount unlocked this time: approximately $7.07 million
EigenLayer is a protocol built on Ethereum that introduces re-staking, a new primitive in crypto-economic security. This primitive allows ETH to be re-staked at the consensus layer. Users who stake ETH can choose to join EigenLayer’s smart contracts to re-stake their ETH and extend crypto-economic security to other applications on the network.
The specific release curve is as follows:
Hyperliquid
Project Twitter: https://x.com/HyperliquidX
Project website: https://hyperfoundation.org/
Amount unlocked this time: 9.91 million tokens
Amount unlocked this time: approximately $820 million
Hyperliquid is a high-performance blockchain built with the vision of creating a fully on-chain open finance system. Liquidity, user applications, and trading activity work together on a unified platform, designed to accommodate all financial operations.
The specific release curve is as follows:
Ethena
Project Twitter: https://x.com/ethena_labs
Project website: https://www.ethena.fi/
Amount unlocked this time: 210 million tokens
Amount unlocked this time: approximately $33.94 million
Ethena Labs' algorithmic stablecoin, USDe, currently relies on collateral such as BTC and stETH, along with their inherent yields, while simultaneously establishing short positions in Bitcoin and ETH to hedge Delta and leverage perpetual/futures funding rates to maintain its peg and generate yield. It uses spot yield to offset losses from a one-times short position, achieving balance while still capturing ETH staking rewards and short funding rates.
The specific release curve is as follows:
