Symbiotic Emerges as Universal Staking Framework Amid Crypto Infrastructure Push
Symbiotic, a Web3 protocol founded less than two years ago, is positioning itself as the backbone of crypto's next infrastructure layer. The platform has seen 80% of deposits FLOW into private vaults since launching its mainnet earlier this year, signaling strong demand for its custom staking solutions.
The protocol aims to serve as a universal staking framework for decentralized networks, from oracles to rollups and data availability chains. "We are a universal staking framework," said co-founder Misha Putiatin. "Every sort of network that needs decentralization and incentive alignment is in our wheelhouse."
Symbiotic's growth comes as the company announced a $29 million fund to launch its Universal Staking framework, which extends blockchain security into broader economic coordination. The platform has already attracted over 200 staking vaults and facilitated more than a dozen network launches.
Putiatin likens Symbiotic's ambition to "Uniswap for staking"—a permissionless base layer that could eliminate the need for protocols to build staking infrastructure from scratch. This approach gains traction as offchain crypto products dominate headlines and institutional capital floods into ETFs.