With the recent underperformance of $ETH, I thought it would be beneficial to analyze ETH restaking flows.

Even with ETH’s stark drop in price, regular staking flows remain positive, and the total ETH staked has surpassed 34M.

This is roughly ~27.8% of the total $ETH supply, a relatively low figure compared to other L1s.

Restaking Flows

Through Eigenlayer (4.