Inceptionlrt
Defunct2 known investors
InceptionLRT is winding down operations effective December 31, 2025; its web interface will be shut down and withdrawals will remain available through the associated chain's block explorer.
Also known as Inception · InceptionLRT
Investors · 2
Company profile
researched Aug 2026InceptionLRT (also referred to as Inception) is a decentralized liquid restaking protocol that positioned itself as a unifying layer for decentralized liquid staking. The protocol let users deposit native ETH and liquid staking tokens such as stETH (Lido) and sfrxETH (Frax) into vault smart contracts and receive Liquid Restaking Tokens ("inTokens"), which represented restaked positions while remaining transferable. Restaking was implemented on top of EigenLayer, the Ethereum shared-security protocol whose Actively Validated Services (AVSs), including the EigenDA data-availability service, are secured by restaked assets.
Alongside single-asset vaults, the protocol offered "MetaLRTs," products giving combined exposure to multiple restaking protocols through a single token, intended to simplify access to several yield sources at once. Marketing materials referenced support for a broader asset set including ETH, LSTs, stablecoins and BTC derivatives, and an October 2024 announcement described the addition of EIGEN, tBTC, sFRAX and slisBNB as restakable assets.
The protocol is winding down. New deposits and minting of new inTokens have been disabled, the web interface is scheduled to shut down on December 30, 2025, and the application and website may be taken offline from December 31, 2025. The vault contracts remain deployed onchain, and users are directed to withdraw by calling the flashWithdraw function on the Ethereum vault contracts directly through Etherscan.
Business model
InceptionLRT operated an onchain protocol: users deposited ETH or liquid staking tokens into vault smart contracts and received Liquid Restaking Tokens representing their restaked positions, with rewards accruing from both the underlying stake and restaking activity on EigenLayer.
Traction
Announcements cited support for 12 or more liquid staking tokens on the platform and the October 2024 addition of four further restakable assets (EIGEN, tBTC, sFRAX, slisBNB).
Latest developments
In 2025 the team announced the wind-down of all Inception products and services. Deposits and new inToken minting were disabled, a withdrawal-only period was opened, the UI was set to be shut down on December 30, 2025, and the application and website may be taken offline from December 31, 2025, after which users must interact with the vault contracts directly via Etherscan. Press coverage reported the shutdown coming roughly six months after a $3.5 million seed round.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
InceptionLRT operated as a liquid restaking token issuer within the EigenLayer ecosystem, describing its v2 release as a liquid restaking "SuperDapp" following a strategic merger.
The protocol emphasised a modular approach: support for native ETH and multiple LSTs in separate vaults, plus MetaLRTs that bundle exposure to several restaking protocols into a single instrument rather than a single-protocol LRT.
Technology
The protocol consisted of Ethereum smart contracts, with a dedicated vault contract per supported asset that mints and redeems inTokens. Restaking is built on EigenLayer, which allows already-staked assets to be redeployed to secure additional networks and Actively Validated Services. MetaLRT products aggregate exposure to multiple restaking protocols in one token. Withdrawals are executed via the vaults' flashWithdraw function and can be performed directly through a block explorer, independent of the front end.
Go-to-market
Holders of ETH and liquid staking tokens seeking restaking rewards and retained liquidity, including DeFi users choosing between single-protocol restaking and multi-protocol MetaLRT strategies.
Geography
Announcements were issued from Dubai, UAE; a startup directory lists the company in Izmail, Odesa Oblast, Ukraine.
History
The project was founded in 2023 and operated as a liquid restaking protocol on EigenLayer. InceptionLRT v2 launched in May 2024 as a liquid restaking SuperDapp following a strategic merger, and in October 2024 the protocol integrated EIGEN, tBTC, sFRAX and slisBNB as additional restakable assets. In 2025 the team began winding down all products and services, targeting a front-end shutdown at the end of December 2025.
Compiled by commissioned research from 7 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsInceptionLRT winds down operations effective December 31, 2025. The application and website may be taken offline; vault smart contracts remain onchain and withdrawals continue via block explorers such as Etherscan.
The InceptionLRT web interface was scheduled to become inaccessible on December 30, 2025 as part of the wind-down; new deposits and inToken minting had already been disabled.
InceptionLRT announced the integration of four new tokens — EIGEN, tBTC, sFRAX and slisBNB — expanding the set of restakable assets available to users.
InceptionLRT v2 launched within the EigenLayer ecosystem as a liquid restaking SuperDapp, following a strategic merger, announced from Dubai, UAE.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 7
primary sources listed
- Inceptionlrtinceptionlrt.com · web
7 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Inceptionlrt do?
- InceptionLRT is a liquid restaking protocol for ETH and liquid staking tokens that is winding down operations.
- Who are Inceptionlrt's investors?
- Inceptionlrt's investors include Black Dragon, Castrum Capital.