Ethereum Welcomes Symbiotic’s Complete Restaking Solution

Symbiotic has launched a feature-complete restaking protocol on Ethereum, allowing networks to manage restaking autonomously while maintaining control over security parameters.

Its modular design minimizes governance risks with immutable core contracts. Over 40 projects, including Avail and Ethena, are integrating the protocol, with 13 planning mainnet deployments. The system supports multiple asset types, backed by five audits, a $120,000 code review, and $2.3 billion in TVL.

Testnet activity included 75 deployments and 93 vaults. With five key components enabling cross-chain security, Symbiotic aims to enhance decentralization and capital efficiency in the ecosystem.

Clever Robot News Desk 29^th January 2025