- Trade
- Products
- Markets
- More
Login
Sign Up
Sign Up
Login
Sign Up
Sign Up
Live EIGEN/INR Price
₹19.66
1.16%
Price Changes
₹0.228056
1.16%
24h Low
₹19.66
24h High
₹19.9
Quantity
EIGEN
Price
INR
TRADE NOW
₹
₹
ADD ASSET TO COMPARE
Select a coin to compare
LA
Lagrange
EGLD
Elrond
MELANIA
Official melania meme
GENIUS
Genius terminal
ACT
Act i : the ai prophecy
KERNEL
Kerneldao
1000CHEEMS
Cheems (cheems.pet)
BAT
Basic attention token
ATH
Aethir
GUN
Gunz
USDS
Usds
DYM
Dymension
NPC
Non-playable coin
THE
Thena
ADX
Heyaura
OPN
Opinion
PHB
Phoenix
SHELL
Myshell
ACN
Aitech cloud network
BANANAS31
Banana for scale
ZK
Zksync
DGB
Digibyte
GALA
Gala
STO
Stakestone
FORM
Four
SENT
Sentient
RSR
Reserve rights
RE
Re protocol
HAEDAL
Haedal protocol
ORDI
Ordi
RESOLV
Resolv
COOKIE
Cookie dao
PLUME
Plume
LINK
Chainlink
BNB
Binance coin
XRP
Ripple
PYR
Vulcan forged (pyr)
VOXEL
Voxies
ERA
Caldera
YFI
Yearn.finance
S
Sonic (prev. ftm)
ZRX
0x
TOWNS
Towns
RIF
Rootstock infra framework
GAS
Gas
CFG
Centrifuge
GRASS
Grass
SNX
Synthetix network token
DEEP
Deepbook protocol
KAITO
Kaito
ADA
Cardano
ORCA
Orca
GMX
Gmx
PROM
Prom
VINE
Vine coin
VVV
Venice token
JST
Just
ALGO
Algorand
ATOM
Cosmos
RENDER
Render
KAS
Kaspa
QNT
Quant
USDC
Usd coin
BOME
Book of meme
MAVIA
Heroes of mavia
GTC
Gitcoin
ALPINE
Alpine f1 team fan token
DRIFT
Drift
BAN
Comedian
SUPER
Superverse
HUMA
Huma finance
COQ
Coq inu
SOPH
Sophon
HEMI
Hemi
LPT
Livepeer
COW
Cow protocol
SAFE
Safe
AIOZ
Aioz network
LIGHT
Bitlight
TURBO
Turbo
NMR
Numeraire
DATA
Data network
BIO
Bio protocol
TFUEL
Theta fuel
TURTLE
Turtle
KSM
Kusama
GPS
Goplus security
XLM
Stellar
JUP
Jupiter
UXLINK
Uxlink
RDNT
Radiant capital
X
X empire
W
Wormhole
NXPC
Nexpace
TREE
Treehouse
POPCAT
Popcat (sol)
WAL
Walrus
SPK
Spark
BERA
Berachain
FUN
Funtoken
SUSHI
Sushi
RED
Redstone
LINEA
Linea
BCH
Bitcoin cash
MOBILE
Helium mobile
ZIL
Zilliqa
TOSHI
Toshi
XNO
Nano
ARB
Arbitrum
PENGU
Pudgy penguins
FIL
Filecoin
FLR
Flare
ETHFI
Ether.fi
SOL
Solana
INJ
Injective
CAKE
Pancakeswap
TRUMP
Official trump
NEXO
Nexo
HOLO
Holoworld ai
IO
Io.net
BRETT
Brett (based)
ENJ
Enjin coin
PEAQ
Peaq
ALLO
Allora
BABY
Babylon
PNUT
Peanut the squirrel
MITO
Mitosis
AXL
Axelar
ACH
Alchemy pay
OPEN
Openledger
XVS
Venus
NKN
Nkn
KAVA
Kava
TRB
Tellor
DYDX
Dydx
XEM
Nem
ASTR
Astar
CKB
Nervos network
BLUR
Blur
ESP
Espresso
CC
Canton
NOM
Nomina
CELO
Celo
ID
Space id
MOG
Mog coin
ALT
Altlayer
POLYX
Polymesh
XYO
Xyo
REQ
Request
MEGA
Megaeth
G
Gravity
AERO
Aerodrome finance
VET
Vechain
VIRTUAL
Virtuals protocol
CRV
Curve dao token
DASH
Dash
APT
Aptos
SPX
Spx6900
STX
Stacks
ZRO
Layerzero
BCUT
Bitscrunch
MYRIA
Myria
MASK
Mask network
SSV
Ssv.network
MOODENG
Moo deng (moodengsol.com)
SCR
Scroll
AMP
Amp
NOT
Notcoin
BARD
Lombard
ANKR
Ankr
ME
Magic eden
PEOPLE
Constitutiondao
GRAM
Gram (prev. toncoin)
VTHO
Vethor token
HNT
Helium
TUT
Tutorial
LTC
Litecoin
SUNDOG
Sundog
RPL
Rocket pool
MEW
Cat in a dogs world
NEIRO
First neiro on ethereum
AVNT
Avantis
COTI
Coti
FOGO
Fogo
MOVE
Movement
AT
Apro
MEME
Memecoin
EUL
Euler
0G
0g
HBAR
Hedera
GIGGLE
Giggle fund
WIN
Winklink
UMA
Uma
EDU
Open campus
LUNA2
Terra 2.0
MMT
Momentum
PROVE
Succinct
MIGGLES
Mr miggles
LAYER
Solayer
BAND
Band protocol
AVAX
Avalanche
PYTH
Pyth network
FET
Artificial superintelligence
SEI
Sei
MON
Monad
SUN
Sun (new)
TIA
Celestia
1MBABYDOGE
Baby doge coin
NIGHT
Midnight
GNO
Gnosis
TRX
Tron
SHIB
Shiba inu
SUI
Sui
LISTA
Lista dao
ROBO
Fabric protocol
WAVES
Waves
VANA
Vana
ETH
Ethereum
VANRY
Vanar chain
SAHARA
Sahara ai
ZORA
Zora
XAUT
Tether gold
FRAX
Frax (prev. fxs)
MANTA
Manta network
BANK
Lorenzo protocol
C
Chainbase
RLC
Iexec rlc
HYPER
Hyperlane
SOMI
Somnia
HOME
Defi app
UNI
Uniswap
IOTX
Iotex
MANTRA
Mantra
SYN
Synapse
REZ
Renzo
POWR
Power ledger
DEGEN
Degen
TAO
Bittensor
MYRO
Myro
ZBT
Zerobase
ARKM
Arkham
GIGA
Gigachad
NEAR
Near protocol
CTSI
Cartesi
KNC
Kyber network
SKL
Skale
ILV
Illuvium
CETUS
Cetus protocol
STG
Stargate finance
CATI
Catizen
GMT
Stepn
USUAL
Usual
AUCTION
Bounce token
WOO
Woo
METIS
Metis
EDEN
Openeden
HIGH
Highstreet
FF
Falcon finance
LDO
Lido dao
PENDLE
Pendle
JTO
Jito
BONK
Bonk
IMX
Immutablex
XPL
Plasma
FLOKI
Floki
CFX
Conflux
XTZ
Tezos
JASMY
Jasmycoin
ENS
Ethereum name service
SYRUP
Maple finance
OP
Optimism
RAY
Raydium
MEMEFI
Memefi
PHA
Phala network
NIL
Nillion
YGG
Yield guild games
MTL
Metal
AEVO
Aevo
AIXBT
Aixbt by virtuals
OPG
Opengradient
DOGS
Dogs
IOST
Iost
LQTY
Liquity
PAXG
Pax gold
API3
Api3
BICO
Biconomy
MUBARAK
Mubarak
CGPT
Chaingpt
CPOOL
Clearpool
SAPIEN
Sapien
AAVE
Aave
VRA
Verasity
AUDIO
Audius
SIGN
Sign
FIDA
Solana name service
BLAST
Blast
STORJ
Storj
TNSR
Tensor
BIGTIME
Big time
ASTER
Aster
WLFI
World liberty financial
USDT
Tether
D
Dar open network
CELR
Celer network
ENSO
Enso
BREV
Brevis
PIXEL
Pixels
BMT
Bubblemaps
ONDO
Ondo
PUMP
Pump.fun
MNT
Mantle
ELIZAOS
Elizaos
DIA
Dia
GOAT
Goatseus maximus
WCT
Walletconnect token
PEPE
Pepe
PERP
Perpetual protocol
QKC
Quarkchain
BANANA
Banana gun
XAI
Xai
C98
Coin98
TST
Test
MAGIC
Treasure
YB
Yieldbasis
SKY
Sky
CAT
Simon's cat
F
Synfutures
ANIME
Animecoin
ALICE
My neighbor alice
CHR
Chromia
KAT
Katana
ARPA
Arpa
OG
Og fan token
PARTI
Particle network
DOT
Polkadot
ENA
Ethena
WLD
Worldcoin
HIPPO
Sudeng
JOE
Joe
MIRA
Mira
SOLV
Solv protocol
NEWT
Newton protocol
ICP
Internet computer
POL
Pol (ex-matic)
MORPHO
Morpho
TRU
Truefi
GNS
Gains network
ZKC
Boundless
OGN
Origin protocol
ORDER
Orderly network
BB
Bouncebit
PONKE
Ponke
GRIFFAIN
Griffain
ETC
Ethereum classic
LRC
Loopring
EPIC
Epic chain
HMSTR
Hamster kombat
CHILLGUY
Just a chill guy
SXT
Space and time
INIT
Initia
TLM
Alien worlds
ONE
Harmony
AI
Sleepless ai
DOLO
Dolomite
KAIA
Kaia
CVX
Convex finance
KITE
Kite
HYPE
Hyperliquid
TWT
Trust wallet token
WIF
Dogwifhat
2Z
Doublezero
GRT
The graph
COMP
Compound
FARTCOIN
Fartcoin
EIGEN
Eigenlayer
STRK
Starknet
THETA
Theta network
TRAC
Origintrail
TEL
Telcoin
AXS
Axie infinity
AKT
Akash network
RUNE
Thorchain
BTC
Bitcoin
DEXE
Dexe
NEO
Neo
CHZ
Chiliz
MANA
Decentraland
AR
Arweave
APE
Apecoin
XEC
Ecash
DOGE
Dogecoin
KMNO
Kamino finance
SFP
Safepal
ZEC
Zcash
1INCH
1inch
A
Vaulta
SAND
The sandbox
ZAMA
Zama
MET
Meteora
GLM
Golem
EigenLayer is a protocol built on Ethereum that introduces “restaking.” As the name suggests, restaking involves taking already staked assets and using it to secure other protocols to earn staking rewards. Basically, it allows Ethereum stakers to reuse their staked ETH to secure dApps and other protocols. The protocol is powered by its own token, EIGEN, which was launched in October 2024.
EigenLayer was created by Eigen Labs, a company founded by Sreeram Kannan in 2021.
• EIGEN token: The EIGEN token is essential to the working of the EigenLayer. Utilities include staking to incentivize network contributors and governance which allows token holders to vote on decisions about updates or changes to the protocol.
• Restaking: EigenLayer allows Ethereum validators to restake their existing staked assets to secure additional services or protocols.
• Incentive mechanisms: Validators and token holders who participate in staking or restaking are rewarded in EIGEN.
• Governance: Eigen token holders can participate in decision-making processes, including voting on protocol upgrades and changes.
EIGEN token has created a splash in the crypto market. Having launched only in October 2024, the token already made strong gains, ranking #102 among top cryptocurrencies by market cap, as per CoinMarketCap. EIGEN’s highest price so far is $4.53, registered on October 1, 2024. Given the nascent stage of the EIGEN token, it is difficult to predict the future trajectory of the EIGEN token, but it is important to note that technical experts are bullish on the crypto and anticipate the token to be priced at $10 by 2030.
Download the CoinSwitch app to invest in EIGEN.
• EIGEN can be traded, bought, and sold from crypto exchanges like CoinSwitch.
• EIGEN holders can participate in the protocol’s governance.
• Validators and token holders who participate in staking or restaking are rewarded in EIGEN.
• EIGEN can be used as a medium of exchange with vendors that accept EIGEN crypto.
• The platform enables users to restake their assets without extra collateral.
• EigenLayer rewards validators and token holders who participate in staking or restaking in EIGEN.
• Validators can earn additional rewards by participating in securing multiple services on EigenLayer.
• Like all cryptos, EIGEN is subject to market volatility which may impact investor interest.
• EIGEN being a very new crypto is more susceptible to extreme market movement.
• Restaking can introduce new risks.
• To trade in EIGEN on CoinSwitch, download the app.
• You can start with as low as ₹100.
• Trade in EIGEN on an FIU-compliant and easy-to-use platform.
Given its nascent history, EigenLayer has not conducted an official Initial Coin Offering (ICO) yet. There are no official updates on whether the platform will hold an ICO, airdrop or other distribution methods.
Lagrange
EigenLayerLagrangePrice
₹0
₹0
24h Price Difference %
₹0
₹0
7d Price Difference %
₹0
₹0
Market Cap
-
-
24h Trade Volume
-
-
Circulating Supply
-
-
Market Rank
-
-
1. What is the EigenLayer (EIGEN) coin?
EigenLayer (EIGEN) is a token associated with the EigenLayer protocol, which operates on the Ethereum blockchain. It introduces a concept called “restaking,” allowing users to leverage their staked assets to secure multiple decentralized services simultaneously. The EIGEN token serves as a universal work token, providing economic security for various digital tasks within the EigenLayer ecosystem.
EigenLayer aims to resolve intersubjective errors through its staking mechanisms, enhancing the utility and security of decentralized applications on Ethereum.
2. How does EigenLayer (EIGEN) cryptocurrency work?
EigenLayer operates on the Ethereum blockchain, introducing the concept of “restaking,” which allows users to allocate their staked ETH and Liquid Staking Tokens (LSTs) to enhance security for multiple decentralized services. By reusing staked assets, it strengthens the network while enabling users to earn additional rewards. This model supports Actively Validated Services (AVSs) to provide robust security for various decentralized applications.
3. Is EigenLayer (EIGEN) safe?
EigenLayer enhances security through a restaking mechanism that allows staked ETH to secure various services, thereby increasing trust and reliability within the ecosystem. Additionally, it incorporates slashing penalties for validators that fail to meet performance standards, which promotes accountability. While EigenLayer is designed to create a trustworthy environment, users should always exercise caution typical of any cryptocurrency investment.
4. Is EigenLayer (EIGEN) a good investment?
EigenLayer shows promise as a good investment due to its innovative restaking mechanism, which allows users to diversify their staked assets across multiple services, potentially yielding high returns. Analysts suggest favorable conditions for EIGEN in 2024, highlighting its growth potential in the cryptocurrency market. However, like all investments, it carries risks, and potential investors should conduct thorough research before proceeding.
Highlight
EigenLayer is a protocol built on the Ethereum blockchain that allows users to re-stake ETH.
EIGEN Price Today
EIGEN Price
₹19.66
Price Change 24h
1.15%
Price Change 7d
18.73%
Market Rank
#133
Market Cap
₹1,714 Cr.
Trade Vol 24h
₹146 Cr
Circulating Supply
₹88 Cr. EIGEN
Trading Activity
80% Buy20% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
