Symbiotic

Staking · Restaking · SYMB

NetworkStakingRestakingMulti-AssetNon-Custodial0 coinsVerified

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

$314.5M

Latest data · 15 min delay

Research

Components, facts, FAQ, timeline, and tokenomics in one place

Main components (6)

1

Vaults

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.

2

Operators

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.

3

Networks

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.

4

Resolvers

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.

5

Curators

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.

6

Collateral

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.

Differentiator

Asset-agnostic and modular — networks choose collateral assets, operators, and slashing logic, unlike ETH-centric restaking.

Organizational structure

Units & roles

  • Konstantin Lomashuk

    Lido co-founder and cyber•Fund partner; co-founded Symbiotic.

    Co-founder
  • Misha Putiatin

    Symbiotic co-founder cited in launch coverage explaining the protocol's acceptance of any ERC-20 token as collateral.

    Co-founder

Investment rounds

DateRoundAmountInvestorsLink
2024-06-11Seed$5.8M
Paradigmcyber•Fund
Source
2025-04-23Series A$29M
Pantera CapitalCoinbase Ventures100+ angel investors (incl. Stani Kulechov, Sandeep Nailwal, Anton Bukov, Anurag Arjun, Andrew Huang, Eric Wall)
Source

Similarity to traditional finance products

How Symbiotic maps onto established TradFi structures, and where it diverges.

TradFi productSimilarity to SymbioticKey differences
Collateralized reinsurance / shared collateral poolLike 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.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.
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