New paper release: Mirroring Risks: Lessons from Mainstream Finance in the Restaking Framework

The L2Beat of the Restaking Ecosystem

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Risk Summary

AVSs security can be compromised if...

1. P2P, which controls 0% of total restaked assets along its operators, becomes compromised. With this concentrated stake, P2P could simultaneously attack multiple AVSs, compromising the network's security (CRITICAL).
2.The top 0 operators, who collectively control 33% of all restaked assets, get compromised or collude. Even a single operator getting compromised, slashed, or experiencing operational problems could trigger a cascading effect across multiple AVSs.
3. The top 0 individual restakers, who collectively control 33% of all restaked assets, get compromised, collude, slashed or experience operational problems could trigger a cascading effect across multiple AVSs.

He system becomes more fragile when...

Only a few AVSs are permissionless regarding operator participation. Currently, only 2 (out of 19) AVSs allow operators to secure them without whitelisting or imposing stringent requirements. This limited permissionless participation makes the ecosystem more fragile.

AVSs security is improved by...

7 validator operators running distributed validator technology by Obol Collective, providing higher validator uptime through fault-tolerance and reduced slashing risk via key sharing.

Key Metrics

Total Restaked ETH

0

Active Operators

N/A

Active Restakers

N/A

Share of Total Restaked ETH by Major Operators

This chart represents operator groups that manage multiple individual operators. The data shown is the aggregated sum for each group.

Roadmap

Our upcoming milestones and features

Paper Launch

Launch of 'Mirroring Risks' paper and AVS information integration

DVT and Withdraws Risk Metrics

Adding DVT risk metrics and withdrawal times for operators

Liquidity & Staging

Liquidity measures metrics and staging system for operators and platforms

Symbiotic Integration

Adding Symbiotic data to our platform

About restake.watch

The L2Beat of the Restaking Ecosystem

Impartial Analysis

We offer neutral, fact-based interpretations of data points, helping users understand the complexities of restaking protocols.

Beyond Basic Metrics

Our analyses go beyond TVL to include metrics on security, decentralization, and overall health of restaking projects.

Ecosystem Support

Supported by an Ethereum Foundation grant 🙏, we're seeking additional funding to enhance our monitoring capabilities and advance the ecosystem.

Restake Watch is committed to serving the best interests of users and the broader ecosystem, providing critical insights needed to navigate the evolving world of restaking.