News with the tag "EIGEN"

UMA Protocol announced its work on a real-world event oracle, to resolve bets on Polymarket. The oracle will be built in partnership with EigenLayer and Polymarket, utilizing the liquidity of the re-staking protocol and the EIGEN token. Polymarket is partnering with UMA Protocol and EigenLayer to bu...

The approach focuses on “intersubjective” truth — facts agreed upon by a community — a feature particularly useful for prediction markets that often rely on community consensus rather than purely objective data. The Partnership to Enhance Oracle Scalability and Functionality UMA, known for its Optim...

EigenLayer may bring its data availability service to AI agents, giving them on-chain abilities. The founder of EigenLayer believes AI agents can become part of the Autonomous Verifiable Services (AVS) ecosystem. EigenLayer can potentially join the AI narrative trend as a pivot strategy after attent...

Bitcoin staking has a total addressable market in the hundreds of billions, industry executives say.

More than 93% of Solana's validators use Jito's software for MEV, according to Jito Labs.

In October, whales and institutions collectively spent $32.45 million USDC across 21 addresses to acquire 8.917 million $EIGEN tokens at an average price of $3.64 each. However, the selling phase has now begun, signaling caution for smaller investors. Since 7 PM last night, four significant addresse...

According to data from DefiLlama, restaking protocol EigenLayer currently has approximately $15.4 billion in total value locked.

LDO and EIGEN crashed almost 8% in the past 24 hours. Bitcoin dominance skyrocketed after BTC broke $108K for the first time. In order for an altcoin rally to come into effect, BTC dominance needs to drop. Mainstream altcoins like Lido DAO (LDO), EigenLayer (EIGEN), Dogecoin (DOGE), and Chainlink (L...

Justin Sun recently deposited 196,380 $EIGEN tokens, valued at approximately $964,000, into HTX. Since October 1, Sun has consistently claimed and deposited a staggering 9.378 million $EIGEN tokens, worth $37.3 million, with an average acquisition price of $3.979. This substantial activity highlight...

The proposal to buy back tokens with protocol revenues is intended as a new value accrual mechanism for tokenholders.