Kelp DAO Restaked ETH (rsETH)
A liquid restaking token that gives access to Ethereum restaking yields.
Kelp DAO issues rsETH, a token that represents Ethereum that has been restaked through the Kelp system. The idea is to let users
stay liquid, keep exposure to Ethereum, and receive the rewards that come from the new restaking economy.
This page shows live market data sourced from the CoinGecko API, along with a short explanation of how the project fits in the liquid restaking sector on Ethereum.
Kelp DAO Restaked ETH Live Data
Live data temporarily unavailable.
Project Overview
Kelp DAO is part of the liquid restaking wave on Ethereum. Users lock ETH or liquid staking tokens, the protocol restakes this capital, and in return users receive rsETH. Holding rsETH should make it easier to move between DeFi protocols, to provide liquidity, or to collect additional rewards that are offered to restakers.
The goal is to improve capital efficiency. Instead of leaving staked assets idle, Kelp DAO routes them to restaking opportunities, while keeping a liquid representation in the user's wallet.
Key Insights
Liquid restaking is an extension of the liquid staking model that made tokens like stETH popular. It takes Ethereum that is already staked or restakable and connects it to new sources of yield that appear in the restaking ecosystem. Kelp DAO does this while keeping a clean user experience, since rsETH is an ERC-20 style token that can be used across DeFi. For users this can mean one deposit and several reward streams, for example the base staking yield, the restaking incentives, and sometimes extra program rewards. rsETH also helps DeFi protocols integrate restaked liquidity without forcing users to lock everything in a single app. This is useful when the market rotates, because users can exit a position quickly without waiting for a long unbonding period.
Common Questions About rsETH
1. What does rsETH represent?
It is a liquid token that stands for Ethereum that has been restaked through Kelp DAO.
2. Why is restaking interesting?
It lets the same ETH secure more services, which can create extra yield for depositors.
3. Can I use rsETH in DeFi?
Yes, many protocols integrate liquid restaking tokens so users can borrow, lend or provide liquidity.
4. Where does the price come from?
The market price reflects the value of the underlying restaked ETH and incentives on secondary markets.
Market Context
Restaking has become an important narrative on Ethereum, since it lets the same collateral support several on-chain services. When demand for these services grows, restaking tokens can see more usage in DeFi and on exchanges. Kelp DAO is positioned in this segment, so liquidity and integrations matter as much as the yield itself. If more protocols decide to accept rsETH, the token becomes more flexible for users that want to rotate capital quickly.