Ask about Dunes
Logo of DunesDunes
Total Value Locked$3,528.59

TVL by Chain

Ethereum$3,528.59

Protocol Information

dETH is a Liquid Restaking Token (LRT) issued by Dunes.fi designed to provide liquidity for otherwise illiquid assets deposited into restaking platforms, such as Karak Network. It aims to maximize capital efficiency and mitigate the risks and challenges inherent in the restaking ecosystem

Category:Liquid Restaking

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Methodology

TVL: Deposited assets (LSTs, LRTs, stables, Pendle tokens, Karak tokens, etc.) in deposit poolsView code on GitHub

Competitors

ether.fi Stake ($3.311b)Kelp ($889.33m)Renzo ($93.37m)Puffer Stake ($45.97m)Mantle Restaking ($32.98m)Swell Liquid Restaking ($23.64m)Mellow Restaking ($21.24m)Bedrock uniETH ($19.6m)InceptionLRT (Isolated Restaking) ($5.29m)Eigenpie ($3.53m)

Frequently Asked Questions

What is Dunes?

dETH is a Liquid Restaking Token (LRT) issued by Dunes.fi designed to provide liquidity for otherwise illiquid assets deposited into restaking platforms, such as Karak Network. It aims to maximize capital efficiency and mitigate the risks and challenges inherent in the restaking ecosystem

What is Dunes' TVL?

Dunes currently has $3,528.59 in total value locked. TVL has increased 6.5% over the past 30 days.

What chains does Dunes operate on?

Dunes operates on Ethereum. Ethereum holds the largest share at 100%.

How does Dunes' TVL compare to similar protocols?

Among Liquid Restaking protocols tracked by DefiLlama, Dunes ranks #25 by TVL. The category holds $4.462b across 28 protocols, and Dunes accounts for <0.1% of that total. Other leading protocols include ether.fi, KernelDAO, and Renzo.