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EigenLayer is an Ethereum protocol that introduces a new concept known as restacking. Itallows users to reuse their staked ETH to secure additional services and networks beyond Ethereum itself. By leveraging existing validator infrastructure, EigenLayer enhances security and capital efficiency for emerging decentralized applications and middleware protocols.

The core innovation behind EigenLayer is that it enables shared security across multiple systems without requiring new tokens or isolated staking setups. Validators can opt in to validate additional networks using the same staked ETH, while delegators earn rewards for supporting multiple services. 

EIGEN is the native token of the EigenLayer ecosystem. While ETH is used for restaking and securing services, EIGEN plays a role in governance, coordination, and future protocol utility. Token holders can vote on network parameters, protocol upgrades, and economic mechanisms.

EIGEN is valued at , with a market capitalization of . The token reached its all-time high of on . The current circulating supply is EIGEN tokens, from a total supply of , with a capped maximum of .

EigenLayer is emerging as a key piece of Ethereum’s modular future, providing scalable, decentralized security to a growing stack of Web3 infrastructure. Its restaking mechanism lowers entry barriers for new protocols while strengthening network resilience overall.

Buy EigenLayer via credit or debit card directly on Nexo, or explore additional payment methods. Proceed to the Nexo Exchange to buy EIGEN.