EigenLayer

Infra · Ethereum

The heart of Ethereum restaking, now evolving into EigenCloud

Participation

Open now

Token

Live · $EIGEN

Potential

Total funding

$164M

Major VCs

Last verified

2026-08-03

Potential is AirdropAgent's editorial assessment and does not confirm an official distribution.

Tasks

Participation programme live

Connect your wallet at eigenlayer.xyz (free).
Stake ETH or an LST, or hold EIGEN tokens.
Delegate to an operator.
Opt in to the AVS you want to use (e.g. EigenDA).
Earn staking rewards and Redistribution rewards.

Check the official site

Funding & investors

Round

Series B

Lead

Andreessen Horowitz (a16z crypto)

Investors

Andreessen Horowitz (a16z crypto)

Round

—

Lead

—

Investors

Polychain Capital · Blockchain Capital

Overview

EigenLayer pioneered restaking, letting staked ETH secure the safety of other protocols. It has rebranded to EigenCloud, offering verifiable cloud infrastructure through EigenDA, EigenCompute, and EigenAI. The EIGEN token had its TGE in October 2024, and staking rewards plus the Redistribution programme are currently live.

Analysis

EigenLayer is a major project that raised a total of $164M, including a $100M Series B led by a16z. It has undergone audits by Sigma Prime, and its May 2024 Season 1 stakedrop is remembered as the peak of the points-farming meta.

EIGEN became tradable at TGE in October 2024, but its price has fallen roughly 96% from an ATH of $5.65 to about $0.186, with an FDV of around $340M.

What remains unclear is whether further airdrops are planned and the exact unlock schedule, neither of which is officially detailed. Restaking also concentrates slashing risk across Ethereum's broader ecosystem, so joining purely for yield deserves careful thought.

Related guides & analysis

🔁

Is EigenLayer's (EigenCloud) Staking and Redistribution Still Worth Joining

EigenLayer runs ongoing staking rewards and Redistribution, not a time-limited quest. Steps and risks explained before you decide.

Aug 4, 2026EigenLayerStakingAirdrop

Token & distribution status

Token: Live
Ticker: $EIGEN
TGE: Not announced
Allocation: Published

Allocation

Season 1 (May 2024): A stakedrop for early restakers distributed 5% of total supply, part of the broader 15% stakedrop allocation. It became a landmark event in the points-farming meta.

TGE (October 2024): EIGEN became tradable.

Redistribution (date undisclosed): A new incentive layer went live on mainnet with ongoing reward distribution.

The total stakedrop allocation is set at 15% of supply, but the exact remaining balance is not officially disclosed.

Tokenomics

Total supply is 1.67 billion EIGEN.

Allocation: investors 29.5%, early contributors 25.5%, stakedrops 15%, R&D 15%.

Utility centers on securing AVSs on EigenCloud (EigenDA, EigenCompute, etc.) and governance. The detailed unlock schedule is not officially disclosed.

AirdropAgent view

This is our analysis of public information, not an official programme rule.

No new time-boxed quest is currently confirmed — what's running are the standing staking rewards and Redistribution programmes.

If you already hold ETH or an LST, the minimal step is to stake on EigenLayer, delegate to an operator, and opt into an AVS.

Security & risks

Verified security information

Audited by Sigma Prime, including a smart contract security review in February 2024.

A division-by-zero DoS bug in sidecar reward calculations was publicly disclosed and fixed. No major exploit involving fund loss has been confirmed.

Key risks

EIGEN has fallen roughly 96% from its ATH of $5.65 to about $0.186.
Restaking concentrates slashing risk across the broader Ethereum ecosystem.
The unlock schedule and any further airdrops are not officially disclosed.
Total funding figures vary between sources, from $164M to as high as $241M.

Recent moves on X

Only posts about joining or distribution, shown as posted. Click through for the original.

What's next

EigenLayer has expanded its brand to EigenCloud, offering three verifiable cloud primitives: EigenDA, EigenCompute, and EigenAI. Redistribution is live on mainnet, though the next concrete milestone dates are not officially disclosed.

Visit the official site