Kelp DAO Restaked ETH Price, Live Chart & Market Cap

Kelp DAO Restaked ETH (rseth): Liquid restaking token unlocking stacked ETH yield in DeFi

Name: Kelp DAO Restaked ETH
Brand: Kelp DAO Restaked ETH
SKU: RSETH
Price: 2728.29 USD
Availability: InStock

Kelp DAO Restaked ETH overview

Kelp DAO Restaked ETH (rseth) lets anyone restake Ethereum and still move freely in DeFi. Depositors receive rseth equal in value to their ETH or LST, then watch each rseth gain yield from staking, EigenLayer and DeFi incentives. rseth stays liquid for swaps, lending or bridging, making it a flexible building block across the crypto market.

Kelp DAO Restaked ETH (rseth): Liquid Yield on Staked Ethereum

Utility & Use Cases RSETH

Passive staking income

Hold rseth to earn combined staking and restaking yield without managing validators.

Deep DeFi liquidity

Provide rseth-ETH to Balancer or Uniswap pools and farm trading fees and bonus rewards.

Collateral for loans

Supply rseth to money markets to borrow stablecoins while your asset keeps working.

Kelp DAO Restaked ETH Technologies Overview

Fast, cheap transfers

Bridge rseth to L2 networks for low-fee, near-instant moves.

Cross-chain reach

LayerZero and CCIP links let rseth travel wherever DeFi demand appears.

Triple audited code

SigmaPrime, Code4rena and MixBytes have vetted the smart contracts.

Scalable design

Elastic mint-burn model grows with user deposits, no supply cap needed.

Funding

Kelp DAO raised USD 9 million in a 2024 private token round led by SCB Limited and Nomura’s Laser Digital, gaining backing from Bankless Ventures, Hypersphere and other crypto funds to fuel rseth liquidity and development.

Roadmap

Governance hand-off

Activate $KERNEL voting to move protocol control from multisig to community.

Broader collateral

Whitelist more ETH staking tokens and add extra node operators for higher decentralization.

Mainstream DeFi listings

Secure rseth collateral slots on Aave, Compound and major stablecoin issuers.

Kelp DAO Restaked ETH Security & Audit Reports

Smart contracts are proxy-upgradable behind a 10-day timelock and have passed three independent audits; ongoing bug bounty and multi-sig governance reduce risk of exploits or rogue upgrades.

FAQ

How to mint rseth?

Deposit ETH or approved LSTs in the Kelp DAO dApp and receive rseth 1:1 minus small fees.

How to redeem rseth?

Return rseth to the dApp; after the exit queue your ETH plus rewards are unlocked.

Is rseth a stablecoin?

No. Its price tracks ETH and gradually rises with yield; it is not pegged to USD.

Where can I trade rseth today?

Balancer, Uniswap, Curve and most DEX aggregators list active rseth-ETH pools.

What yield can I expect?

Rewards combine ≈5 % ETH staking plus extra EigenLayer fees; actual rates vary.

Is the code audited?

Yes. SigmaPrime, Code4rena contest auditors and MixBytes each published reports.

Can rseth bridge to L2?

Absolutely. Official bridges support Arbitrum, Optimism, Base and more.

Top Crypto Exchanges to Trade Kelp DAO Restaked ETH (RSETH)

#	Exchange	Pair	Price	24h Volume
1	Balancer V2	0XA1290D69.../0XC02AAA39...	~$1.032	$4,892,412
2	Curve (Ethereum)	0XCD5FE23C.../0XA1290D69...	~$1.025	$4,591,902
3	Balancer V2	0XA1290D69.../0XE1B4D34E...	~$1.0087	$391,613
4	Uniswap V3 (Ethereum)	0XA1290D69.../0XA35B1B31...	~$0.99	$340.3
5	Uniswap V3 (Ethereum)	0XA1290D69.../0XC02AAA39...	~$1.027	$2,326.33
6	Uniswap V3 (Ethereum)	0X7F39C581.../0XA1290D69...	~$1.16	$15,066.6
7	Curve (Ethereum)	0XAC3E0184.../0XA1290D69...	~$1.076	$177,709
8	Balancer V2	0XA1290D69.../0XA35B1B31...	~$0.96	$9,001.77