Symbiotic, a high-throughput middleware data availability protocol, has entered into a strategic partnership with a liquid staking protocol based on Ethereum. May 01, 2025 Together, this partnership is launching the X Committee, which will serve as the forthcoming permissionless Data Availability Committee (DAC) for HyveDA, fully integrated with Ethereum’s ecosystem. Know More Douwe Fassen, Founder and CEO of HyveDA, stated, “Partnering with Lido to integrate wstETH as the initial collateral for restaking in HyveDA allows us to bolster Ethereum’s security while significantly increasing its throughput without sacrificing decentralization.” He went on to proclaim, “We are entering a new era of data availability solutions.”

The introduction of Lido’s wstETH as the first collateral for the X Committee means HyveDA can further enhance Ethereum’s security by leveraging the staked ETH that backs its validators. This collateral represents more than 65% of Symbiotic’s impressive $2.1 billion in Total Value Locked (TVL), helping to secure HyveDA’s rapid 1GB/s data availability solution. This partnership demonstrates HyveDA’s dedication to fortifying its upcoming Data Availability solution with highly liquid, secure, and widely available resources.

The launch of the X Committee signifies a pivotal advancement for HyveDA, enabling it to achieve a remarkable 1GB/s throughput while maintaining its core attributes of permissionlessness and resistance to censorship. This initiative allows Ethereum liquid restaking tokens (LRTs) to provide security for HyveDA. Know More HyveDA employs the advanced architecture offered by the Symbiotic restaking protocol, enabling a plethora of flexible vaulting and collateralization options for its operators. Merging HyveDA’s potent data availability capabilities with Symbiotic’s modular staking framework, shared security model, and aligned incentives ensures that this platform is primed to deliver the exceptional performance and scalability required for handling data-intensive applications.

Any decentralized protocol has the opportunity to integrate with HyveDA, thus enhancing its performance and overall user experience, unlocking new possibilities. The high-throughput data availability layer from HyveDA is particularly engineered for applications rich in data, including Layer 2 solutions, decentralized physical infrastructure networks (DePIN), artificial intelligence functionalities, decentralized exchanges (DEXs), and blockchain-based gaming.

Since the launch of Lido's “Lido Alliance,” which supports restaking assets, the Total Value Locked in the protocol has surged by an impressive 600K ETH. This growth, alongside Symbiotic’s expanding presence in the restaking market and the promising 1GB/s solution from HyveDA, creates a compelling proposition for both stakers and integrators, providing secure incentives for those staking, while delivering unprecedented scalability for integrators.

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Alisa, a passionate journalist at the Cryptocurrencylistings, has carved out a niche specializing in cryptocurrency, zero-knowledge proofs, investments, and the broad expanse of Web3. With her sharp insight into emerging trends and technologies, she offers in-depth coverage that keeps readers well-informed and engaged in the fast-paced world of digital finance.

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