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Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.





A large increase in demand coupled with lower supply should set the stage for higher prices in 2024, he predicted.
- 18:38Data: 5.34 million LINK have been withdrawn from exchanges in the past 24 hoursAccording to Jinse Finance, on-chain analyst @ali_charts has monitored that in the past 24 hours, 5.34 million LINK have been withdrawn from exchanges.
- 18:13Derive co-founder proposes to increase DRV token supply by 50%Jinse Finance reported that Nick Forster, co-founder of Derive, has proposed expanding the supply of the native token DRV of the on-chain options exchange in order to retain core contributors and reach deals with institutional partners. The proposal was released on Friday, September 12. According to the proposal, Forster suggests issuing an additional 500 million DRV tokens, increasing the total supply by 50%. These tokens will be allocated to the Derive Foundation (which will be renamed from the original Lyra Foundation to reflect the protocol's former name). The proposal estimates that existing holders could be diluted by up to 8.25% per year over the next four years. "Neither the Foundation nor the BVI subsidiary has a sufficient token budget to execute strategic deals at the scale required to align interests for driving protocol adoption," Forster wrote in the proposal. In addition, the proposal disclosed that Derive has severed ties with team members and investors who supported a merger with Synthetix. The merger plan was jointly called off by both parties in May this year after Derive investors criticized it for undervaluing the on-chain options platform.
- 17:52USDe supply surpasses 13 billion, reaching a new all-time highJinse Finance reported that, according to data from the DeFilama platform, as of September 13, the supply of USDe has surpassed 13 billion, reaching 13.3 billion, setting a new all-time high. The increase over the past 7 days was 4.87%.