Shared security landscape: EigenLayer vs Symbiotic, Karak, Solayer, Babylon
Post107 words
Lists EigenLayer's challengers by on-demand security: Symbiotic $1.6B, Karak $800M, Solayer $170M, Babylon $60M, Picasso $15M. EigenLayer holds more than 4x the capital of all competitors combined and has over 35 AVSes in build.
Key claims
Symbiotic $1.6B, Karak $800M, Solayer $170M, Babylon $60M
EigenLayer has more than 4x competitors' combined capital
Over 35 AVSes on EigenLayer
The verifiable cloud a.k.a. shared security layer narrative is expanding.
@eigencloud is increasingly forced into competition.
Who are the challengers?
☞ @symbioticfi ($1.6B in "on-demand" security)
☞ @Karak_Network ($800M in "on-demand" security)
☞ @solayer_labs ($170M in "on-demand" security)
☞ @babylonlabs_io ($60M in "on-demand" security)
☞ @Picasso_Network ($15M in "on-demand" security)
☞ @nektarnetwork (not live yet, multi-asset restaking)
☞ @satlayer (not live yet, restaking layer on Babylon)
Currently, @eigencloud has more than 4x the crypto-economic capital in its cloud of all the competitors combined.
There are >35 AVSes being built on @eigencloud, which is more than on all competitors combined.
How will this evolve?
> Chart credit @PandeyMikhil
