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EigenLayer Tokens to Be Released in Coming Hours, Futures Trade at Fully Diluted $6.8B
Binance will list spot trading pairs at 05:00 UTC.
- The token is trading at $4.11 on Aevo with a fully diluted value (FDV) of $6.8 billion.
- Early adopters have been earmarked for 5% of the total supply.
- Trading on centralized exchanges will go live at 05:00 UTC Tuesday.
Restaking protocol Eigenlayer will unlock its highly anticipated token, EIGEN, at 9 p.m. PST on Monday (04:00 UTC on Tuesday) and trading is set to start on Binance an hour later.
EigenLayer lets users stake ether , which can be repurposed to secure other networks and secure additional rewards. The total value locked (TVL) on the protocol has dropped by more than 50% since June as a result of increased competition and a wider slump across the restaking sector. It currently has around $10 billion in TVL.
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Total supply of the token will be 1.6 billion, with 86 million allocated to early adopters, who will receive a recently announced airdrop dubbed "stakedrop."
The price, which is likely to be volatile on release, is currently $4.11 according to a market on perpetual exchange Aevo, which has only racked up $191,000 in trading volume over the last 24 hours. It is currently trading at a fully diluted value (FDV) of $6.8 billion.
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French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
Lo que debes saber:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
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