Symbiotic
Symbiotic is a modular restaking protocol that lets any ERC-20 token be used as economic security for a network. Where EigenLayer restaking is Ethereum-native, Symbiotic decouples the collateral asset from the underlying chain, enabling more flexible security-sourcing designs.
The design has attracted networks that want cryptoeconomic security but do not want to commit to ETH as their sole collateral asset — including several major stablecoin networks and multi-chain messaging protocols.
Restaked TVL crossed $2.8B within six months of mainnet, with 24 active networks operating on the protocol as of Q1 2026.
Modular restaking that removes the ETH-only assumption. We led the seed on the belief that networks want optionality on their security collateral.
Misha Putiatin
CEO & Co-FounderFelix Lutsch
Co-FounderGauthier Simon
Head of ProductNikita Sviridenko
Head of Engineering- 2023Founded
- Q1 2024Oryon leads seed
- Q3 2024Mainnet launch
- Q1 202624 networks, $2.8B TVL
Restaked TVL crossed $2.8B. 24 active networks live.
“Symbiotic is the modular counterpoint to EigenLayer's monolithic bet.”
— Bankless, 2025