Symbiotic's Television locked-up Value (TVL) skyrockets 60% in a week, peaking at a historic high of $1.65 billion

Symbiotic's Television locked-up Value (TVL) skyrockets 60% in a week, peaking at a historic high of $1.65 billion

In the dynamic world of decentralized finance (DeFi), Symbiotic, a leading restaking platform for the Ethereum ecosystem, has experienced a significant surge in total value locked (TVL) over the past week. As of August 22, Symbiotic's TVL reached a record-breaking $1.65 billion, consolidating its position as the second-largest restaking protocol.

The sudden increase in Symbiotic's TVL, which occurred on August 15, coincides with the publication of a Coindesk report suggesting potential interest in Symbiotic as a more trustworthy alternative. This growth can be attributed primarily to the launch and expansion of Tanssi's vaults under Symbiotic's Universal Staking protocol. As of mid-August 2025, Tanssi's vaults surpassed $550 million in TVL, reflecting increased staking participation and the introduction of new staking options across native and Ethereum-based tokens.

The growth in Symbiotic's TVL is also attributed to strategic partnerships and improved market access. For instance, Ether.fi, a liquid restaking platform, announced a strategic partnership with Symbiotic for its next wave of network deployments. This partnership likely contributed positively by increasing market confidence and integration possibilities.

On the other hand, negative reports about EigenLayer, Symbiotic's main rival, might have redirected staking liquidity and attention toward Symbiotic’s more attractive or stable Universal Staking offerings. A Coindesk report published on August 15 cast EigenLayer in a negative light, claiming that Eigen Lab had shared the digital wallets of its team members with ecosystem projects planning to conduct token airdrops.

Despite the challenges faced by EigenLayer, Symbiotic's TVL has surged 60% in the past week, while EigenLayer's TVL has slightly declined during the same period and has lost 24% over the month. The most deposited token on Symbiotic was wstETH, accounting for 69% of deposits. wstETH is the wrapped version of Lido's liquid staking token stETH.

On August 23, Symbiotic received token inflows worth $500 million, marking the second-best day on record. As of August 22, Symbiotic is the second-best performer among the ten restaking platforms tracked by DefiLlama.

The broader DeFi environment was also experiencing growth due to regulatory clarity on staking tokens, further reinforcing institutional interest in projects like Symbiotic. As the race for dominance in the restaking sector continues, Symbiotic's strategic moves and growth trajectory are worth keeping an eye on.

[1] Source: Coindesk Report, August 15, 2025 [2] Source: Cointelegraph, August 20, 2025

1. The surge in Symbiotic's TVL can partially be attributed to the negative news surrounding EigenLayer, with staking liquidity potentially shifting towards Symbiotic's more attractive Universal Staking offerings.
2. On August 23, Symbiotic experienced token inflows worth $500 million, making it the second-best day on record for the platform, further consolidating its position in the decentralized finance (DeFi) industry.
3. The growth in Symbiotic's TVL, along with the broader growth in the DeFi environment, has caught the attention of industry watchers, making it one of the best performers among the top ten restaking platforms according to DefiLlama.

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