Symbiotic mainnet goes live on Ethereum, marking a significant milestone for the project

Symbiotic, a permissionless restaking platform, has officially launched its protocol on the Ethereum mainnet, marking a significant milestone in the world of blockchain security. The announcement, made on January 28, highlights that Symbiotic is the first restaking protocol to launch a feature-complete shared security protocol with slashing, offering enhanced security measures for the decentralized ecosystem.

The mainnet launch follows nearly two years of rigorous research and security validation, which included five independent audits to ensure the protocol’s robustness and reliability. Symbiotic’s deployment on Ethereum brings the benefits of permissionless shared security to the broader blockchain ecosystem, enabling more decentralized and secure protocols across multiple sectors.

The platform has integrated with various projects and protocols, including those in AI, cross-chain messaging, data availability, and zero-knowledge proof marketplaces. Some notable integrations include Capx, an Ethereum Layer 2 solution designed for AI agents, HyveDA, a decentralized data availability platform, and Hyperlane, an interoperability toolkit. Other partners include Kalypso (a ZK proof marketplace), Symbiosis (a cross-chain liquidity protocol), and Router (an L1 chain).

Since its initial stealth launch, Symbiotic has seen rapid growth, with nearly 50 networks, 55 vaults, and 78 operators already leveraging its infrastructure. In August 2024, the platform unveiled its devnet, and now, its mainnet launch has solidified its place in the blockchain space.

Symbiotic raised $5.8 million in seed funding in June, backed by prominent venture capital firms such as Paradigm and cyber.Fund. The platform’s ability to meet the security needs of various decentralized applications while maintaining protocol sovereignty sets it apart in the growing landscape of blockchain innovation.