
The decentralized finance (DeFi) ecosystem is experiencing significant developments with the introduction of new restaking initiatives and platforms. Eigenpie has enabled over $100 million in swETH to be restaked as mswETH, offering users a 3.7% APR along with additional rewards. Meanwhile, a new options protocol built on Eigenlayer allows users to collateralize various yield-bearing ETH assets, including eETH and potentially ezETH, sUSDe, and sDAI. Lido Finance, in collaboration with Symbiotic and Mellow Finance, has launched 'restaking vaults' to counter the growing influence of Eigenlayer in the Ethereum DeFi space. Symbiotic has also partnered with Layerzero, Ethena, and Marlin to launch liquid restaked tokens (LRTs) on its platform, with the Symbiotic wstETH vault already seeing significant activity.

Symbiotic is aggressively building hype with major partnerships at launch, including: - Layerzero - Ethena - Marlin - And most importantly, Lido. On day one, Lido and Mellow Protocol launched liquid restaked tokens (LRTs) on Symbiotic. The Symbiotic wstETH vault cap is already… https://t.co/tQXcn7CFV9
The restaking ecosystem is heating up, excited to see Symbiotic enter the arena 👀 https://t.co/IZr7ScQItm
Introducing advanced DeFi strategies for stETH with Mellow & Symbiotic ✨ https://t.co/dzmYEFY8dM A new initiative to provide stETH holders with access to new DeFi opportunities, including restaking. https://t.co/KRIqIPzvAa