Kelp DAO Restaked ETH(RSETH)

Token Price$2,589-4.59%over 24h

All Time HighAug 24, 2025$5,190

All Time LowSep 1, 2025$1,030

Key Metrics

Market Cap$951.27m

Fully Diluted Valuation$951.27m

Circ. Supply367,430.04 RSETH

Volume 24h$35,820

CEX Volume$0

DEX Volume$35,804

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Risks

How much debt can be issued against RSETH as collateral across lending protocols.

Maximum possible exposure to RSETH

$769.1m

$30.56m (max additional borrows against RSETH) + $738.54m (bad debt if RSETH was hacked now)

Compound V3

$30.58m at-risk exposure = $18,158 bad debt if hacked + $30.56m additional borrowable against RSETH

Morpho V1

$236.84 at-risk exposure = $215.90 bad debt if hacked + $20.93 additional borrowable against RSETH

Aave V3

$738.52m at-risk exposure = $738.52m bad debt if hacked + $0 additional borrowable against RSETH

SparkLend

$0.0018 at-risk exposure = $0.0018 bad debt if hacked + $0 additional borrowable against RSETH

Methodology and limitations

Showing collateral exposure for RSETH on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

These metrics describe lending exposure only and are not a full protocol risk rating.
This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.

Show exposure details

Each row is one protocol-chain exposure for RSETH as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
Compound V3	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$30.56m	$18,158
Morpho V1	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$19.65	$1.97
Morpho V1	Arbitrum	rsETH0x4186bfc76e2e237523cbc30fd220fe055156b41f	$1.19	$3.31
Morpho V1	Unichain	rsETH0xc3eacf0612346366db554c991d7858716db09f58	$0.095	$210.63
Aave V3	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$0	$699.84m
Aave V3	Arbitrum	rsETH0x4186bfc76e2e237523cbc30fd220fe055156b41f	$0	$38.68m
SparkLend	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$0	$0.0018

Loading exposure details...

Token Usage

Token usage needs a subscription

Liquidations

Token liquidations need a subscription

Yields

Tracking 8 pools, average APY 5.86%

Pool	Reference	Protocol
1 rsETHrsETH	stETH-ETHx-ETH	Kelp	$945.82m	2.31%	Stable 98	22,971
2 agETHKelp Gain	rsETH	Upshift🪂	$14.48m	0.01%	Stable 100	4,295
3 hgETHHigh Growth ETH	rsETH	Upshift🪂	$10.31m	6.15%	Stable 100	1,697
4 rsETH-ETH	rsETH-ETH	Fluid DEX	$5.2m	0.53%	Mixed 45	0
5 rsETHCore	rsETH	Aave V4	$3.14m	0.00%	Stable 100	0
6 ETH-rsETH0.05%	ETH-rsETH	Uniswap V4	$63,745	20.66%	Volatile 19
7 ETH-rsETH99.99%	ETH-rsETH	Uniswap V4	$50,182	0.00%	Stable 100
8 rsETH-hgETHBalancer rsETH hgETH	rsETH-hgETH	Balancer V3	$27,415	5.48%	Stable 76	4

Loading yield pools...

Borrow

Showing 10 of 20 routes

Use RSETHBorrow RSETH

Collateral / Borrow	Protocol
1 rsETH / WBTC	Dolomite	-0.05%	0.00%	0.05%	$776,665	50%
2 rsETH / wstETH	Dolomite	-0.13%	<0.01%	0.13%	$16,716	83.33%
3 rsETH / weETH	Dolomite	-0.22%	<0.01%	0.22%	$124,204	83.33%
4 rsETH / WETH	Dolomite	-0.23%	0.00%	0.23%	$558,663	50%
5 rsETH / UNI	Dolomite	-0.30%	<0.01%	0.30%	$2.74m	83.33%
6 rsETH / rETH	Dolomite	-1.19%	<0.01%	1.19%	$40,497	83.33%
7 rsETH / LINK	Dolomite	-1.57%	<0.01%	1.57%	$788,981	83.33%
8 rsETH / WETHETH-pool	Compound V3	-1.90%	0.00%	1.90%	$32.49m	80%
9 rsETH / WBTC	Dolomite	-2.58%	<0.01%	2.58%	$2.42m	83.33%
10 rsETH / WETH	Dolomite	-3.64%	<0.01%	3.64%	$647,469	83.33%

Loading borrow routes...

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Protocol	Chain
Compound V3	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$30.56m	$18,158
Morpho V1	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$19.65	$1.97
Morpho V1	Arbitrum	rsETH0x4186bfc76e2e237523cbc30fd220fe055156b41f	$1.19	$3.31
Morpho V1	Unichain	rsETH0xc3eacf0612346366db554c991d7858716db09f58	$0.095	$210.63
Aave V3	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$0	$699.84m
Aave V3	Arbitrum	rsETH0x4186bfc76e2e237523cbc30fd220fe055156b41f	$0	$38.68m
SparkLend	Ethereum	rsETH0xa1290d69c65a6fe4df752f95823fae25cb99e5a7	$0	$0.0018

Pool	Reference	Protocol
1 rsETHrsETH	stETH-ETHx-ETH	Kelp	$945.82m	2.31%	Stable 98	22,971
2 agETHKelp Gain	rsETH	Upshift🪂	$14.48m	0.01%	Stable 100	4,295
3 hgETHHigh Growth ETH	rsETH	Upshift🪂	$10.31m	6.15%	Stable 100	1,697
4 rsETH-ETH	rsETH-ETH	Fluid DEX	$5.2m	0.53%	Mixed 45	0
5 rsETHCore	rsETH	Aave V4	$3.14m	0.00%	Stable 100	0
6 ETH-rsETH0.05%	ETH-rsETH	Uniswap V4	$63,745	20.66%	Volatile 19
7 ETH-rsETH99.99%	ETH-rsETH	Uniswap V4	$50,182	0.00%	Stable 100
8 rsETH-hgETHBalancer rsETH hgETH	rsETH-hgETH	Balancer V3	$27,415	5.48%	Stable 76	4

Collateral / Borrow	Protocol
1 rsETH / WBTC	Dolomite	-0.05%	0.00%	0.05%	$776,665	50%
2 rsETH / wstETH	Dolomite	-0.13%	<0.01%	0.13%	$16,716	83.33%
3 rsETH / weETH	Dolomite	-0.22%	<0.01%	0.22%	$124,204	83.33%
4 rsETH / WETH	Dolomite	-0.23%	0.00%	0.23%	$558,663	50%
5 rsETH / UNI	Dolomite	-0.30%	<0.01%	0.30%	$2.74m	83.33%
6 rsETH / rETH	Dolomite	-1.19%	<0.01%	1.19%	$40,497	83.33%
7 rsETH / LINK	Dolomite	-1.57%	<0.01%	1.57%	$788,981	83.33%
8 rsETH / WETHETH-pool	Compound V3	-1.90%	0.00%	1.90%	$32.49m	80%
9 rsETH / WBTC	Dolomite	-2.58%	<0.01%	2.58%	$2.42m	83.33%
10 rsETH / WETH	Dolomite	-3.64%	<0.01%	3.64%	$647,469	83.33%

Overview