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The Future of Crypto is NowOctober 12, 2026
CCG News

The restaking gold rush is over, and top protocols are barely making a profit

September 28, 2026 · CCG Staff

FinanceThe restaking gold rush is over, and top protocols are barely making a profitAs restaking yields dried up and smart-contract risks mounted, Ethereum's top liquid restaking protocol walked away from its core business to build a crypto neobank instead.By Oliver Knight|Edited by Cheyenne LigonSep 28, 2026, 12:24 p.m. EDT7 min readMake preferred on Share this articleMake preferred on SummaryEther.fi will sever its last structural tie to EigenLayer this quarter, leaving under 1% of assets restaked, and CEO Mike Silagadze says the exit came down to risk with no meaningful yield left in restaking.Restaking secures $10 billion but generated just $99,977…

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