EigenLayer TVL decreased by nearly $2.3 billion in the past 30 days, and Renzo and Kelp TVL also fell

Odaily News Although Ethereum prices are similar to June, currently trading at $3,200, the total value locked on EigenLayer has fallen by 13% ($2.28 billion) to $15.1 billion in the past 30 days; the total locked value of re-staking protocols such as Renzo and Kelp has fallen by 45% and 22%, respectively. This outflow is mainly attributed to the vagaries of the points system and the limited returns of re-staking protocols. Another part is that they hope to maximize returns by obtaining more points that can be converted into airdrops, so they turn funds to other projects. (Coindesk)