EigenCloud
Restaking protocol on Ethereum enabling staked ETH to secure additional services (Actively Verifiable Services, AVSs), now rebranded as a verifiable cloud for AI and compute.
What is EigenCloud?
EigenCloud, formerly EigenLayer and launched in 2023, is an Ethereum restaking protocol allowing staked ETH (or LSTs like stETH) to underwrite Actively Validated Services (AVSs) like oracles and bridges, unlocking yields up to 10%. Users restake via smart contracts for slashing-secured guarantees, with operators earning fees; it supports hundreds of assets and scales via EigenDA (data availability layer).
Related Terms
Perpetual Futures
Also called Perpetual Swap, a derivative contract on a Perp DEX allowing traders to speculate on digital asset prices without an expiration date.
Execution Layer
The protocol layer responsible for processing transactions and executing smart contracts in a blockchain network.
Call Option
A contract granting the right to buy an asset at a fixed price by expiration.
Bridge
A protocol or service that enables the transfer of digital assets or data between two distinct blockchain networks, such as moving ETH from Ethereum’s mainnet to a Layer 2 scaling solution.
Gas Cost Complexity
The variable and cumulative transaction fees on blockchains that complicate liquidity provision and trading in DeFi.
Genius Act
Genius Act 2025, an U.S. legislation to regulate stablecoins, focusing on reserves and compliance.