Sui Foundation launches $10M fund as EigenLayer restaking hits 5M ETH

The Sui Foundation has launched a $10 million ecosystem fund to support developers building decentralized AI infrastructure and DeFi-native protocols on its network. Rather than a direct cash distribution, the fund is structured to provide milestone-based backing, technical assistance, and security audit credits to help reduce the costs associated with building on-chain.

Separately, the Ethereum-based protocol EigenLayer has reached a milestone with restaking deposits exceeding 5 million ETH. This total includes both native ETH and liquid staking token deposits. The growth of the restaking market allows staked ETH to secure additional services, such as oracle systems and data availability layers, though the concentration of assets introduces new systemic risks regarding slashing conditions and operator performance.