Staking · Restaking · SYMB
Symbiotic is a permissionless restaking protocol where any ERC-20 (not just ETH) can be used as collateral to secure networks, with modular vaults and operator delegation.
Permissionless, multi-asset shared security.
Total staked
$338.5M
Latest data · 15 min delay
Asset-agnostic and modular — networks choose collateral assets, operators, and slashing logic, unlike ETH-centric restaking.
On-chain containers that hold collateral (one collateral token per vault) and connect it to networks. Vaults handle accounting (deposits, withdrawals, epoch timing, penalized collateral), delegation (curator limits, stake distribution across networks and operators), and slashing (via a standard Slasher or a VetoSlasher module). They guarantee stake remains slashable for at least one epoch so networks can rely on predictable security commitments.
Validators or node infrastructure providers that opt into vaults and networks, run the required infrastructure for target networks, and are held accountable for violations through slashing. Operators can use configurable delegation topologies, from securing a single network to multi-network restaking.
Chains, rollups, or modular services that outsource economic security to Symbiotic operators. Networks integrate via a middleware/relay layer, define their own collateral assets, operator selection, rewards, and slashing conditions, and set maximum stake acceptance limits per vault.
Arbitration systems (smart contracts, multisigs, DAOs, or external arbitration services) that review slashing requests and can approve or veto them within a defined veto period when the VetoSlasher is used.
Participants who configure and manage vault risk parameters, allocation limits, accepted collateral, and delegation across networks and operators, effectively running the staking/collateral market on top of a vault.
The assets committed into vaults to back obligations. Symbiotic is asset-agnostic and permissionless, accepting any ERC-20 token rather than being limited to ETH and ETH liquid staking derivatives.
$34.8M (across $5.8M seed and $29M Series A)
The Block – Symbiotic $29M Series AJanuary 28, 2025 on Ethereum
The Block – Symbiotic mainnet launchJuly 1, 2026 (pivot to collateral markets)
The Block – Symbiotic Core V2 launchHow Symbiotic maps onto established TradFi structures, and where it diverges.
Collateralized reinsurance / shared collateral pool
Symbiotic
Like a reinsurance or shared-collateral arrangement, capital providers post collateral that backs specific obligations for a defined term and cannot exit early, providing enforceable economic guarantees to counterparties.
TradFi analogue
Terms, slashing, and payouts are enforced by immutable on-chain smart contracts and are permissionless and programmable, rather than intermediated by insurers, custodians, or legal contracts.
Konstantin Lomashuk
Co-founder Lido co-founder and cyber•Fund partner; co-founded Symbiotic.
Misha Putiatin
Co-founder Symbiotic co-founder cited in launch coverage explaining the protocol's acceptance of any ERC-20 token as collateral.
Series A
2025-04-23$29M
Key milestones: launches, upgrades, exploits and governance events.
Mainnet launch
ExecutedFeature-complete protocol went live on Ethereum mainnet with vaults, operators, networks, resolvers, and slashing.
SourceCore V2 launch
ExecutedProtocol transitioned from restaking to collateral-markets infrastructure with shared collateral base, dynamic capital routing to lending protocols, and independent per-vault risk management.
SourceSymbiotic is a permissionless, modular shared-security (restaking) protocol on Ethereum. It lets holders deposit collateral into vaults so that stake can be reused to secure multiple networks and services, with a three-way opt-in among depositors, operators, and networks. With Core V2 (July 2026) it repositioned as collateral markets infrastructure that lets DeFi applications share a unified collateral base.
Symbiotic is fully permissionless and asset-agnostic: any developer can launch a shared-security market and any ERC-20 token can be used as collateral, rather than being restricted to ETH and ETH liquid-staking derivatives. It uses immutable core contracts and a modular vault/operator/network design where each network defines its own collateral, operator set, rewards, and slashing.
As of the capture date, no native SYMB token had been publicly launched with confirmed supply and allocation. The protocol has run a points program rewarding vault deposits and delegation; token mechanics remain unannounced from a primary source, so no token facts are asserted here.
Symbiotic was founded by Lido co-founders Konstantin Lomashuk and Vasiliy Shapovalov, with early backing from Paradigm and cyber•Fund.
Core V2, launched July 1, 2026, marks the protocol's transition from a restaking platform to collateral-markets infrastructure. It lets applications such as insurance, credit, and RWA vaults share a unified collateral base, with dynamic capital routing (idle vault capital can be deployed to lending protocols like Aave and Morpho and recalled when needed) and independent, on-chain-enforced per-vault risk management.
