Ask about King Protocol
Logo of King ProtocolKing Protocol
Total Value Locked$1.19m

TVL by Chain

Ethereum$1.19m

Protocol Information

King Protocol, (formerly LRT²) is a unified restaking rewards protocol acting as a vault that holds the rewards tokens as underlying assets. Through King Protocol, LRT projects can pool restaking network protocol rewards into a single vault and issue vault share tokens to their stakers (or distributor contract). This system cuts transaction costs and streamlines the rewards process, great for those with smaller stakes who might find it easier to manage and trade their shares collectively

Category:Liquid Restaking

Audits:

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Methodology

TVL: Tokens on the king contractView code on GitHub

Competitors

ether.fi Stake ($3.268b)Kelp ($896.35m)Renzo ($90.71m)Puffer Stake ($45.47m)Mantle Restaking ($32.62m)Swell Liquid Restaking ($23.52m)Mellow Restaking ($20.98m)Bedrock uniETH ($19.37m)InceptionLRT (Isolated Restaking) ($5.23m)Eigenpie ($3.51m)

Frequently Asked Questions

What is King Protocol?

King Protocol, (formerly LRT²) is a unified restaking rewards protocol acting as a vault that holds the rewards tokens as underlying assets. Through King Protocol, LRT projects can pool restaking network protocol rewards into a single vault and issue vault share tokens to their stakers (or distributor contract). This system cuts transaction costs and streamlines the rewards process, great for those with smaller stakes who might find it easier to manage and trade their shares collectively

What is King Protocol's TVL?

King Protocol currently has $1.19m in total value locked. TVL has decreased 14.9% over the past 30 days.

What chains does King Protocol operate on?

King Protocol operates on Ethereum. Ethereum holds the largest share at 100%.

How does King Protocol's TVL compare to similar protocols?

Among Liquid Restaking protocols tracked by DefiLlama, King Protocol ranks #13 by TVL. The category holds $4.422b across 28 protocols, and King Protocol accounts for <0.1% of that total. Other leading protocols include ether.fi, KernelDAO, and Renzo.