
Upcoming
Kelp
Kelp DAO is a non-custodial liquid restaking platform with USD ~280 Mn TVL currently supporting LSTs such as ETHx, stETH and sfrxETH.
LRT
Key points
- Kelp is one of the pioneers in the liquid restaking arena
- With over $275m in TVL, it is the one of the leading restaking protocols
- Over 15K unique wallets restaking. DeFi integrations are live across Pendle, Balancer, Curve, Uniswap and others.
- Collaterals accepted stETH, ETHx, and sfrxETH
Team

Amitej Gajjala
Co-founder

Dheeraj Borra
Co-founder

Gustavo Guimaraes
Tech. Lead

Eshwar Nilakantan
Business Head
Investors

Stader Foundation

Cluster Capital
Dec. 2023
Launch date
Jan. 2024
Closed seed round with $1.4 Mn in investments
Feb. 2024
14.8K restakers (akas rsETH holders) and 275 Mn TVL
Partners

Uniswap

Curve DAO

Balancer

Maverick Protocol

VaultCraft
The Product
-rsETH Liquid Restaked Token launched by KelpDAO
- Users deposit their ETHx, stETH, sfrxETH to receive rsETH in return
- Holders of rsETH accrue staking and restaking rewards
- Kelp Miles - Kelp Miles are restaking points accrued by the user

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