Key Metrics
Fees 30d$2.3m
Fees 30d by chain
Ethereum$2.14m
Arbitrum$81,808
Base$76,331
Scroll$960.49
Blast$183.71
ZKsync Era$157.29
OP Mainnet$51.13
Linea$30.42
Fees 7d$632,462
Ethereum$586,896
Arbitrum$24,222
Base$20,934
Scroll$284.39
Blast$54.52
ZKsync Era$46.44
OP Mainnet$15.14
Linea$9.01
Fees 24h$157,782
Ethereum$146,279
Arbitrum$6,114
Base$5,286
Scroll$72
Blast$13.45
ZKsync Era$11.85
OP Mainnet$3.82
Linea$2.27
Cumulative Fees$84.34m
Ethereum$78.11m
Arbitrum$3.1m
Linea$1.49m
Base$1.35m
Scroll$127,908.19
OP Mainnet$71,094.68
ZKsync Era$70,439.31
Blast$23,093.05
Revenue 30d$97,291
Revenue 30d by chain
Ethereum$90,117
Arbitrum$3,681
Base$3,434
Scroll$43.29
Blast$8.28
ZKsync Era$7.11
OP Mainnet$2.31
Linea$1.35
Revenue 7d$28,456
Ethereum$26,407
Arbitrum$1,090
Base$942
Scroll$12.82
Blast$2.45
ZKsync Era$2.11
OP Mainnet$0.69
Linea$0.41
Revenue 24h$7,100
Ethereum$6,582
Arbitrum$275
Base$238
Scroll$3.23
Blast$0.62
ZKsync Era$0.53
OP Mainnet$0.17
Linea$0.1
Cumulative Revenue$6.04m
Ethereum$5.81m
Arbitrum$115,787
Linea$55,487.25
Base$53,227
Scroll$4,977.15
ZKsync Era$2,489.77
OP Mainnet$2,412.32
Blast$857.12
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Blast$0
Ethereum$0
Linea$0
OP Mainnet$0
Scroll$0
ZKsync Era$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Blast$0
Ethereum$0
Linea$0
OP Mainnet$0
Scroll$0
ZKsync Era$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Blast$0
Ethereum$0
Linea$0
OP Mainnet$0
Scroll$0
ZKsync Era$0
Cumulative Holders Revenue$0
Arbitrum$0
Base$0
Blast$0
Ethereum$0
Linea$0
OP Mainnet$0
Scroll$0
ZKsync Era$0
Total Raised$9m
May 22, 2024$9mRound: PrivateInvestors: SCB Limited, Laser Digital, Bankless Ventures, Hypersphere Ventures, Draper Dragon, DACM, Cypher Capital, ArkStream Capital, Cluster Capital, GSR, Longhash Ventures, Side Door Ventures, NOIA Capital, HTX Ventures, Avid3, ViaBTC Capital, DWF Ventures, Coinseeker.co, Tulipa Capital, Scott Moore, Alex Karl Svanevik, Sam Kazemian, Marc Zeller, Amrit Kumar, Anthony Lesoismein, Winslow Strong
Protocol Information
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.
Audits:
Methodology
TVL: deposited LSTs in deposit pool, node delegator contracts and from them into eigenlayer strategy contractsView code on GitHubFees: Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.View code on GitHubRevenue: Protocol fees from rsETH (3.5% of staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked1
Average Supply APY2.35%
User Activity
Active Addresses (24h)8
Transactions (24h)9
Hacks
Date: Apr 18, 2026
Amount: $293m
Classification: Bridge & Cross-Chain
Technique: Cross-Chain Message Spoofing
Chains: Ethereum, Arbitrum
Bridge Hack
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Kelp's TVL?
Kelp currently has $1.081b in total value locked. TVL has increased 24.9% over the past 30 days.
What chains does Kelp operate on?
Kelp operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Kelp generated in fees and revenue?
Over the past 30 days, Kelp generated $2.3m in fees. Of that, $97,291 was protocol revenue. Based on the trailing year, the annualized rate is $40.72m in fees and $2.83m in revenue.
How does Kelp's TVL compare to similar protocols?
Among Liquid Restaking protocols tracked by DefiLlama, Kelp ranks #1 by TVL. The category holds $1.409b across 28 protocols, and Kelp accounts for 76.7% of that total. Other leading protocols include Renzo, Puffer Stake, Mantle Restaking, Swell Liquid Restaking, Bedrock uniETH, Mellow Restaking, InceptionLRT (Isolated Restaking), Eigenpie, King Protocol, and Neemo Finance.
How many yield pools does Kelp have?
DefiLlama tracks 1 Kelp yield pool with an average APY of 2.4%.
Has Kelp ever been exploited?
Kelp has 1 recorded security incident. The most recent incident occurred on Apr 18, 2026 and involved $293m. It was classified as Bridge & Cross-Chain.