Restaking (and Restaking Scams)
A crypto mechanism that reuses already-staked assets to help secure additional protocols for extra yield — legitimate in itself, but heavily impersonated by fake 'restaking' and 'points-farming' sites that drain wallets on connect.
Also known as: liquid restaking, restaking scam, LRT scam, liquid staking token scam
Last reviewed: 27 July 2026
Restaking is a real development in proof-of-stake crypto: assets already staked (or a liquid-staking token representing them) are committed again to help secure additional networks or services, in exchange for additional rewards. Liquid restaking tokens (LRTs) represent these positions so they can be moved or traded. The mechanism is legitimate, but its complexity, hype, and promise of stacked yields make it fertile ground for fraud.
Restaking scams ride that hype. Fake restaking platforms and clone sites (often on look-alike domains) promise outsized 'restaked' returns or valuable future 'points' and airdrops; the moment a user connects their wallet and approves, a drainer empties it. Others are simply high-yield ponzi schemes wearing restaking language, paying early users with later deposits until they collapse and block withdrawals.
Because the underlying technology is real and genuinely confusing, victims struggle to tell a legitimate protocol from a clone. The defence is to reach protocols only through independently verified official links, scrutinise any wallet approval, and distrust guaranteed or unusually high 'restaked' yields.