EigenLayer Launches 'Slashing' Feature to Boost Ethereum Security with $7B in Restaked Assets
April 17, 2025
EigenLayer has introduced a significant new feature called 'slashing' on April 17, 2025, aimed at enhancing security within its Ethereum restaking protocol.
According to EigenLayer founder Sreeram Kannan, the slashing mechanism is vital for ensuring that operators are properly managing their actively validated services (AVSs) and for deterring any malicious behavior.
EigenLayer has gained substantial traction, with over $7 billion in restaked assets and support for 39 actively validated services, allowing users to earn additional interest on their ETH.
Prior to its official launch, the slashing system underwent rigorous testing on Ethereum's developer networks since December, ensuring its robustness and reliability.
The slashing feature serves as an accountability measure, revoking collateral from 'restakers' who engage in malicious actions, thereby fulfilling EigenLayer's foundational vision.
This newly redesigned slashing system aims to mitigate risks associated with leveraging within the Ethereum ecosystem, ultimately enhancing safety for all participants.
Operators will have the ability to limit their exposure to specific AVSs, which helps prevent a single bad actor from compromising the integrity of the entire network.
However, the implementation of the slashing system will require AVS teams to opt-in, which may introduce delays in its widespread application.
Summary based on 1 source
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CoinDesk • Apr 17, 2025
EigenLayer Adds Key ‘Slashing’ Feature, Completing Original Vision