EigenCloud, operating on the Ethereum blockchain, has experienced a significant decrease in its total value locked (TVL), which now stands at $9.27 billion. Over the past 24 hours, the platform's TVL has declined by $238.5 million, marking a 2.57% drop. Over the past week, the TVL has decreased by $508.1 million, representing a 5.48% decline. EigenCloud remains compatible with the Ethereum chain, focusing on restaking activities.