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Frequently Asked Questions

General​

Q: What is EigenWatch? A: EigenWatch is a risk intelligence platform for EigenLayer restaking. It monitors operators and provides risk scores, slashing data, and detailed operator analytics through a dashboard.

Q: Is EigenWatch free? A: The core dashboard is free. Some detailed features, like full delegator breakdowns, are available on our premium plan.

Q: Who is EigenWatch for? A: Anyone participating in the EigenLayer ecosystem --- restakers evaluating operators, LRT protocols monitoring their operator sets, AVS teams assessing validator reliability, and researchers studying ecosystem dynamics.

Risk Scoring​

Q: How does the risk score work? A: Each operator gets a score from 0 to 100, where higher means lower risk. The score combines three pillars: Performance (50%), Economic health (35%), and Network position (15%). See Risk Scoring for the full methodology.

Q: What do the risk levels mean? A: Scores of 80+ are Low risk, 60--79 are Medium, 40--59 are High, and below 40 are Critical. These reflect the operator's overall reliability based on slashing history, economic health, and network position.

Q: What does a confidence score of 45 mean? A: It means we have limited data on this operator --- their risk score should be interpreted with caution. Confidence is based on how long the operator has been active, how many delegators they have, and how recently they had on-chain activity. See Confidence Score for details.

Q: Can a low-risk operator still get slashed? A: Yes. Risk scores reflect historical patterns and current state, but cannot predict all future events. A low-risk score means the operator has a strong track record, not that slashing is impossible.

Q: How often do risk scores update? A: Risk scores are recalculated daily based on the latest on-chain data. Token prices update every 4 hours and exchange rates update hourly.

Q: Should I only delegate to operators with low risk scores? A: Risk scores are one input into your decision. Lower-risk operators tend to have better track records, but you should also consider factors like commission rates, strategy offerings, and your own risk tolerance. EigenWatch provides data to inform your decision --- it's not financial advice.

Data & Metrics​

Q: What is TVS? A: Total Value Secured --- the USD value of all assets delegated to an operator. It's calculated from on-chain share balances, exchange rates, and live token prices. See TVS Calculation for details.

Q: Where do token prices come from? A: We use a cascading system: Chainlink oracles first (most reliable), then DefiLlama, then CoinGecko. For derivative tokens like stETH, we use proxy pricing based on the underlying asset. See TVS Calculation.

Q: What are basis points (bips)? A: The unit for measuring commissions. 10,000 bips = 100%, so 1,000 bips = 10%. An operator with a commission of 1,000 bips takes 10% of rewards before distributing to delegators. See Commissions Explained.

Q: What does utilization rate mean? A: It's the percentage of an operator's available capacity that's allocated to AVSs. Above 70% utilization, the operator has limited buffer for new commitments or unexpected events. See Allocations & Magnitude.

Slashing​

Q: What is slashing? A: Slashing is the forfeiture of staked capital when an operator violates the rules set by an AVS. It can be triggered by malicious behavior, software bugs, or operational failures. It's permanent and affects delegators too. See our Glossary.

Q: I see slashing events on an operator's profile. Should I be worried? A: Past slashing is a significant risk signal --- it's the most heavily weighted factor in our Performance Score. However, it doesn't guarantee future slashing. Review the operator's full risk profile and consider how many events occurred and how recently.

Q: If my operator gets slashed, does EigenWatch compensate me? A: No. EigenWatch is a data and analytics platform, not an insurance provider. We provide the information to help you make informed delegation decisions.

Using the Dashboard​

Q: How do I find an operator? A: Use the search bar to look up any operator by their Ethereum address. Every registered EigenLayer operator is indexed.

Q: What data can I see for each operator? A: Each operator profile shows their TVS (in USD), strategy breakdown, delegator list, AVS registrations and allocations, commission rates, and risk profile. See Operator Profiles for a detailed walkthrough.

Q: What's the difference between registered AVSs and active allocations? A: Registration means the operator has opted into an AVS. Allocation means they've actually committed stake to it. An operator can be registered with many AVSs but only actively allocating to a few. The allocations are what matter for risk.

Q: How current is the data? A: On-chain events are indexed every 6 hours. Token prices refresh every 4 hours. Exchange rates refresh hourly. Risk scores are recalculated daily. Check the "last updated" timestamp on each operator's profile.

More Questions?​