Eigen price

in USD
$0.7367
-- (--)
USD
Last updated on --.
Market cap
$322.78M #77
Circulating supply
436.31M / 1.76B
All-time high
$5.659
24h volume
$49.70M
EIGENEIGEN
USDUSD

About Eigen

EIGEN is the native cryptocurrency of the Eigen ecosystem, designed to enhance Ethereum's security and scalability through restaking. By leveraging Ethereum's trust layer, EIGEN enables decentralized applications (dApps) to access shared security, verifiable data availability, and programmable infrastructure. Within its ecosystem, EIGEN is used to incentivize stakers and operators, ensuring alignment and reliability across services like oracles, rollups, and AI agents. This token plays a pivotal role in powering the EigenCloud, a platform for building scalable, trust-minimized applications. EIGEN represents a step forward in modular blockchain design, offering developers and users a secure foundation for innovation.
AI insights
CertiK
Last audit: 26 Apr 2022, (UTC+8)

Disclosures

Eigen risk

This material is for informational purposes only and is not exhaustive of all risks associated with trading Eigen. All crypto assets are risky, there are general risks in investing in Eigen. These include volatility risk, liquidity risk, demand risk, forking risk, cryptography risk, regulatory risk, concentration risk & cyber security risk. This is not intended to provide (i) investment advice or an investment recommendation; (ii) an offer or solicitation to buy, sell, or hold crypto assets; or (iii) financial, accounting, legal or tax advice. Profits may be subject to capital gains tax. You should carefully consider whether trading or holding crypto assets is suitable for you in light of your financial situation. Please review the Risk Summary for additional information.

Investment Risk

The performance of most crypto assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto assets.

Lack of Protections

Crypto assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto asset investments.

Liquidity Risk

There is no guarantee that investments in crypto assets can be easily sold at any given time.

Complexity

Investments in crypto assets can be complex, making it difficult to understand the risks associated with the investment. You should do your own research before investing. If something sounds too good to be true, it probably is.

Concentration Risk

Don't put all your eggs in one basket. Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on anyone to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments.

Five questions to ask yourself

  1. Am I comfortable with the level of risk? Can I afford to lose my money?
  2. Do I understand the investment and could I get my money out easily?
  3. Are my investments regulated?
  4. Am I protected if the investment provider or my adviser goes out of business?
  5. Should I get financial advice?

DeFi tokens

Decentralised Finance ("DeFi") tokens are crypto assets built on decentralised blockchain technology for financial applications or protocols. Risks linked to DeFi tokens include:

Enterprise Risk

Interactions between multiple DeFi protocols create a situation where a vulnerability or breakdown in one protocol can trigger a cascading effect, affecting other interconnected platforms.

Technology Risk

DeFi protocols frequently depend on external data sources or oracles, and any tampering or inaccuracies in these data streams can result in a lack of trust and reliability in the protocols.

Regulatory Risk

Governments and regulatory bodies around the world can introduce new regulations or ban certain aspects of the cryptocurrency market, affecting its legality and viability, which could affect token liquidity and/or value.

Legal Risk

Certain tokens may be used for operating a decentralised exchange platform which may contain additional risks:

  1. The platform may allow users to participate who have not been vetted or verified and therefore expose the possibility that users are interacting with sanctioned entities.
  2. The platform may be accessible in jurisdictions where some or all the exchange activity should be regulated. If a local regulator deemed the platform activity to be in breach of local regulation, they may request cessation or termination of the service which could affect token liquidity and/or value.

Market Risk

Given their novelty, the evolving technology involved and lack traditional asset structure, valuing crypto assets can be very difficult or impossible. This means valuations are determined by demand that is at risk of manipulation in various ways.

Eigen’s price performance

Past year
-72.45%
$2.67
3 months
-41.21%
$1.25
30 days
-61.68%
$1.92
7 days
-21.14%
$0.93

Eigen on socials

EigenCloud
EigenCloud
If you're building on EigenCloud, you're SO EARLY!
chainyoda
chainyoda
Mert is championing verifiability as the central value proposition of crypto… that’s very @eigenlayer aligned. Eigencloud is all about bringing the verifiability of crypto to real world AI
丰密KuiGas
丰密KuiGas
Sentient: The next big project worth paying attention to and approaching TGE Sentient is a project I've been focusing on, and it's so sensitive in its pacing and placement that it's hard not to pay attention to it. If you look back at the wealth effect in the past year, you will find a main line that is difficult to ignore, needless to say, everyone has seen that after the launch of Plasma and Avantis, the wealth effect is amazing, and the popularity is invincible, which directly ignites the fire of the entire market. So why do they ignite? The core is simple: Founders Fund invests. FF's investment has gradually become a signal, a kind of narrative and valuation igniter, and these people are not the number of investments, but the direction of investment, and the entrance to the big narrative of investing in the future. So now everyone is asking: who else did FF vote for? Who hasn't issued coins yet? Who is the next big level opportunity? I reorganized the projects that FF is currently in a "pending ignition" state, probably these 11: Polymarket @Polymarket | Helius @heliuslabs|Solana infrastructure Sentient @SentientAGI | Decentralized AI agent network N1 @N1Chain|High-performance next-generation L1 Citrea @citrea_xyz|Bitcoin ZK L2 Prime Intellect @PrimeIntellect|Decentralized AI computing power network OpenSea @opensea NFT marketplace Ubyx @ubyx_ | Altius @AltiusLabs | Modular infrastructure Abstract @AbstractChain|Penguin Chain Lighter @Lighter_xyz|Perpetual contract platform If you only ask in this string: Who is most likely to start with a high FDV directly after issuing coins? The fastest and most likely basically point to 4 names: Sentient, Polymarket, OpenSea, and Lighter. The others are written separately afterwards. Let's focus on Sentient first, which is really at the center of the current narrative. The reason is simple. On the Web2 side, OpenAI's valuation has rushed to nearly $1 trillion, which is no longer a company valuation, but a national resource tilt, a real big country capital game, and it is certain that the AGI narrative has entered the national capital track. There was also a benchmark sample on the Web3 side, that is, Bittensor ($TAO) rushed all the way to 530+, and I first learned about this project from Mr. Kenny of 33DAO, which was less than $50 at the time, and Tao proved that AI × Crypto is not a story, but can capture value. However, the problem of TAO is actually very clear: there is a model network and incentives, but there is no closed loop of products, no sustainable income, and no value return. It proves direction, but it hasn't realized that path yet. Sentient is filling this gap. It starts directly from real products and user scenarios, and uses tokens to support AI product development, which in turn brings real revenue to the protocol, forming a positive cycle. Simply understood, it is a closed-loop model of funds → products → returns. My understanding is that it is not "another AI project", it is a decentralized AGI ecosystem that can grow itself, produce its own blood, and return value. This is very critical, because it determines that it is not a narrative of "digging and leaving", nor is it a pure concept, but can support time, scale, and ecology. With the full stack of agents, data, models, computing power to verifiable AI, it has the opportunity to become a new generation of tens of billions of dollars in open source community ecology. And the biggest selling point and opportunity is: open source The popularity of Sentient is also true, Kaito has been the first for a long time before, and is currently ranked 5th, the GRID test code is grabbed by the whole network, and offline activities are also very hot. I even think that the biggest contradiction at the moment is not the project itself, but that there are too few opportunities for retail investors to participate. There are few places to participate, which means there are no opportunities to make money. The team is 70% open-source AGI researchers, which is a dream lineup in the field of AI + crypto, the founder is Professor Pramod, the inventor of 4G, and Himanshu, Polygon founder Sandeep himself is deeply involved, and the consultant is directly Sreeram of EigenLayer. If you look closely, you will find that these people are not Web3 to rub AI, but people who were originally doing AGI have chosen open source and on-chain. The team is too hardcore, so it's no wonder that it can get so much investment from top capital. In terms of financing, last year, Sentient completed $85 million in financing, led by Founders Fund, Pantera, and Framework. FF, in particular, has only invested in ten AI projects in recent years, and Sentient is its core bet in the direction of open source AGI. This is not a matter of project level, but of narrative + flagship. What can be seen is Sentient has a great opportunity to become the starting point of the next round of the 10-billion-dollar ecosystem. Sentient TGE, most likely one of the iconic moments of the year. The next thing you can do is look at the token model and how to participate. Frankly speaking, there are not many actions that ordinary people can do at present, and if the official gives retail investors a chance to get on the bus, they should focus on whether they have suddenly done some activities recently.

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Eigen FAQ

EIGEN has a total supply of 1.67 billion.
EIGEN tokens were initially available to users of the EigenLayer protocol who claimed their share of the tokens’ total supply. The tokens weren’t transferable once claimed, meaning any EIGEN held couldn't be brought or sold. You can obtain EIGEN once the token is listed for spot trading on exchanges.
Currently, one Eigen is worth $0.7367. For answers and insight into Eigen's price action, you're in the right place. Explore the latest Eigen charts and trade responsibly with OKX.
Cryptocurrencies, such as Eigen, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Eigen have been created as well.
Check out our Eigen price prediction page to forecast future prices and determine your price targets.

Dive deeper into Eigen

EIGEN is a universal intersubjective work token within the EigenLayer protocol. It's called an "intersubjective" token because it's designed to address intersubjective faults in a network. These are faults where there's consistent agreement among the majority of network participants that a malicious act has been committed. As a result, EIGEN helps to secure the network by discouraging inconsistent behaviors.

The EigenLayer protocol allows stakers of ETH, the native token of the Ethereum network, to extend the network's security to other applications across the EigenLayer network through a novel concept known as restaking. Here, ETH stakers can restake their tokens to secure other protocols built on EigenLayer, without the need to build a separate validator set.

How does EIGEN work?

Where ETH is used to secure services or protocols, EIGEN helps to address intersubjective faults that deserve a penalty by introducing intersubjective staking. In this situation, stakers who act outside of the network's rules can be penalized through slashing. Slashing sees individuals lose a quantity of their staked ETH. According to the project, through this approach, the EIGEN token allows the token to be forked without forking the Ethereum mainnet consensus.

EIGEN is also used to secure EigenDA, a data availability layer that supports Ethereum rollups.

Price and tokenomics

Season one of stakedrop claims for the EIGEN token opened on May 10, 2024. Here, 6.05% of the token's total supply of 1.67 billion EIGEN were made available to eligible users. Season one phase two of the stakedrop launched in June 2024, and made a further 0.7% of the total token supply available. According to the project, future seasons will see a further 1.5% of the total EIGEN tokens released.

Alongside the 15% of tokens allocated to stakedrops, 15% will go towards community initiatives, with 15% allocated to ecosystem development. A further 29.5% will be allocated to investors, with 25.5% assigned to early contributors.

All tokens allocated to investors and core contributors will remain fully locked up for one year after the date on which the token first becomes transferrable for the community. After this date, the EIGEN tokens allocated to investors and core contributors will be unlocked at a rate of 4% per month. This means EIGEN held by investors and core contributors won’t be fully unlocked until three years after the date the tokens first become transferable for the community.

About the founders

EigenLayer was founded in 2021 by Sreeram Kannan, a former professor at the University of Washington. Kannan remains as the project's CEO today. EigenLayer is developed by Eigen Labs, a research organization "focused on contributing to protocols that supercharge open innovation on Ethereum", according to the company's official X account.

Disclaimer

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Market cap
$322.78M #77
Circulating supply
436.31M / 1.76B
All-time high
$5.659
24h volume
$49.70M
EIGENEIGEN
USDUSD
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