AprScope

Liquid Restaking

Kelp

Total TVL

$958.12M

Active pools

1

Chains supported

16

Official site: https://kelpdao.xyz/restake/?utm_source=0x798fF1e6D7AFd28c333eE6eBe03125d30ec6eF10 ↗

Overview

Kelp is a liquid staking protocol that allows users to stake their tokens and earn rewards while maintaining liquidity. The design enables participants to delegate their stakes without locking them up, providing continuous yield opportunities.

The protocol holds $1.4B in TVL across 1 active pool on 1 chain: Ethereum dominates entirely at 100%. This concentration implies a high risk exposure specific to the Ethereum network.

Audit posture is light, with 1 audit reference available. Token economics data is unavailable, making it difficult to assess market valuation relative to TVL. The protocol has an official website.

Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.

TVL by chain

TVL history

TVL over time

Top pools

Chain Symbol TVL APY
Ethereum RSETH $958.09M 2.39%

FAQ

What is Kelp?

Kelp is the second largest liquid restaking protocol with ~$2B+ in TVL. Its liquid restaked token, rsETH, is live across 10+ major L2s and 40+ DeFi platforms, allowing users to restake while maintaining full liquidity.

How much TVL does Kelp have?

Kelp has $958.12M in total value locked across all supported chains as of the last refresh.

How many active pools does Kelp have?

We currently track 1 active pools for Kelp.

Is Kelp audited?

DefiLlama lists 1 audit for Kelp. Audits reduce smart-contract risk but do not eliminate it.

See our methodology for how this data is collected.