405Course · Practitioner

Liquid Staking Derivatives

The largest sub-sector by TVL.

The Course

The largest DeFi sub-sector by TVL. LSTs, LRTs, and the honest risks of leveraged staking — plus EigenLayer as the frontier, cautiously assessed.

Outcomes
  • 01

    Explain LSTs and LRTs.

  • 02

    Assess the risks of leveraged staking.

  • 03

    Read a validator set.

Prerequisites
  • Staking (Ethereum Program).
Pacing

~3 hours.

A Note from the Faculty

Restaking is a rehypothecation story before it is a security story.