On July 11, EigenLayer experienced the largest single-day net outflows in its history, with over $135 million worth of net outflows, translating to approximately 43,550 ETH at that time.

Meanwhile, EigenLayer saw over $68 million worth of net outflows last week after taking into account the inflows that occurred on certain days.

These net outflows, which have not been isolated incidents over recent weeks, have led to the total value locked (TVL) in EigenLayer to fall by about 27% from its all-time high of $20.1 billion in early June to $14.66 billion at the time of writing. This has resulted in EigenLayer losing over $5.4 billion worth of TVL in just over a month.

This downward trend is not exclusive to EigenLayer. The wider restaking sector has also seen notable declines in TVL in …