Paradigm-backed restaking protocol Symbiotic TVL exceeds $1 billion

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According to @maybeYonas data panel, after raising the hard cap, the TVL of Symbiotic, a resttaking protocol supported by Paradigm, has exceeded 1 billion US dollars, surpassing another competitor Karak; there are more than 26,800 depositors, of which the top 10 depositors account for about 68% of the pledged amount, mainly for LRT protocol contracts. Currently, the resttaking pools of wstETH, sUSDe, mETH, swETH and sfrxETH in Symbiotic have reached the hard cap.

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