Eigenpie on slashing exposure
7.6/ 35% of the score
Issues a separate token per accepted LST rather than pooling them, so exposure per token is published and isolated.
Best Liquid Restaking Protocols · Rank 06 of 8
Eigenpie review
Isolating restaking exposure to a single LST
Last verified August 18, 20264 scored axes
Score7.4
Self-reported only
The short answer
Eigenpie scores 7.4 out of 10 and ranks #6 of 8 in the best liquid restaking protocols table, strongest on slashing exposure (7.6) and weakest on yield quality (7.2).
Issues a separate restaked token per accepted LST rather than pooling them, which lets users avoid collateral they do not want. The fragmentation that makes it precise also makes each individual token thinly traded.
Key facts on record
- Launched
- 2024
- Model
- Isolated LRT per asset
- Chain
- Ethereum
What the record shows
4 axes, weighted as published in the table’s methodology. Each score below is read from the fact printed under it.
Eigenpie on operator selection
7.4/ 25% of the score
Operator selection is handled by the parent protocol family, with delegations visible on-chain.
Eigenpie on exit design
7.4/ 20% of the score
Withdrawals live per token; each individual token trades thinly, which lengthens exit at size.
Eigenpie on yield quality
7.2/ 20% of the score
Yield is staking rewards plus points; fee income is small.
Quick answers
- What is Eigenpie best for?
- Isolating restaking exposure to a single LST. Issues a separate restaked token per accepted LST rather than pooling them, which lets users avoid collateral they do not want.
- Where does Eigenpie rank among best liquid restaking protocols?
- #6 of 8, scoring 7.4 out of 10 — self-reported only on our band scale.
- What is the weakest part of Eigenpie?
- Yield quality at 7.2. Yield is staking rewards plus points; fee income is small.
Strengths and weaknesses
In its favour
- Isolated tokens avoid pooled collateral risk
- Lets users pick exactly which LST they restake
- Transparent one-to-one structure
Against it
- Fragmented liquidity across many small tokens
- Part of a larger protocol family, adding governance dependencies
Isolation instead of pooling
Rather than pooling accepted liquid staking tokens into one wrapper, Eigenpie issues a separate restaked token for each. That means a holder who wants restaking on one specific LST does not silently take on the risk of the others — the clearest answer in this category to a real objection.
The cost of being precise
Fragmentation. Each individual token trades thinly, which lengthens exit at size and limits collateral acceptance elsewhere. The design solves a risk problem by creating a liquidity problem, and which of those matters more depends entirely on your position size.
Governance context
Operator selection is handled by the parent protocol family, with delegations visible on-chain, so the diligence question is partly about that family rather than about Eigenpie alone. Withdrawals are live per token; yield is staking rewards plus points.
Who it suits
Depositors with a specific view on one liquid staking token who want restaking exposure without inheriting a basket, and who are small enough that thin exit liquidity does not bind.
How to use the design well
Pick the single LST you already hold and take restaking exposure on that one alone, which is precisely what the structure is for. Spreading across several of its tokens rebuilds the pooled exposure you came here to avoid, without the pooled liquidity.
What to verify
The parent protocol family's operator selection, since that is where the choice is actually made, and the on-chain delegations behind your specific token.
Frequently asked questions
How is Eigenpie different from other LRTs?+
It issues a separate restaked token for each accepted liquid staking token instead of pooling them, so exposure to each asset stays isolated.
What is the downside of isolated tokens?+
Liquidity is split across all of them, so each trades thinly. Exiting a large position through the market costs more than with a pooled token.
Who chooses Eigenpie's operators?+
The parent protocol family, under published criteria, with delegations visible on-chain.
How Eigenpie compares
8 services in best liquid restaking protocols
- 01ether.fiThe most complete restaking product with the clearest disclosures8.5
- 02Puffer FinanceUsers who want anti-slashing tooling built into the design8.1
- 03RenzoCross-chain restaking exposure7.7
- 04SwellUsers who want staking and restaking from one provider7.7
- 05MellowCurated vaults with explicitly stated risk mandates7.6
- 06Eigenpieyou are hereIsolating restaking exposure to a single LST7.4
- 07BedrockRestaking exposure beyond Ethereum7.3
- 08Kelp DAONobody yet — not until the rsETH backing is restored and the bridge design is replaced5.1