Etherfi continues to hold a substantial share in the liquid restaking market, managing over 1.07 million ETH, which translates to roughly $3.8 billion in user deposits.

Positioned as a prominent liquid restaking (LRT) protocol, Etherfi enables users to access restaking yields via EigenLayer, highlighting its important role in the growing LRT market.

The LRT sector has experienced notable growth this year, driven largely by increased deposits on EigenLayer, which intends to utilize ETH deposits to strengthen third-party protocols. This, in turn, boosts the total value locked in LRTs, with Etherfi holding a considerable portion of this value.

While Etherfi remains at the forefront in the LRT field with over $3.8 billion in value, other protocols also contribute hugely to the market. …