Kelp
- Total value locked
- $1.15B-0.2% 24h
- TVL, 7 days
- -0.4%
- TVL, 30 days
- +2.0%
- Fees, 24h
- $49.50K
- Fees / TVL, annualised
- 1.6%
Kelp holds $1.15B in total value locked across 2 chains, with its largest deployment on Ethereum, which ranks it #54 among the DeFi protocols we track. It is the largest of 10 liquid restaking protocols. Its value locked is down 0.4% over seven days and up 2.0% over 30 days. Users paid $49.50K in fees over the last 24 hours; at that pace a year of fees would equal 1.6% of its TVL.
Deployed on
Value the protocol holds on each chain, largest first.
Largest liquid restaking protocols
Full sector| # | Protocol | TVL | 7d | 30d | Fees 24h |
|---|---|---|---|---|---|
| 1 | Kelp | $1.15B | -0.4% | +2.0% | $49.50K |
| 2 |  Renzo | $125.8M | +0.7% | +7.1% | $8.12K |
| 3 |  Mantle Restaking | $43.38M | +2.3% | +3.8% | $7.05K |
| 4 |  Puffer | $32.60M | +1.9% | -46.6% | $0 |
| 5 |  Kyros | $14.50M | +4.5% | +17.8% | $604 |
| 6 |  InceptionLRT (Isolated Restaking) | $7.61M | +0.9% | +8.9% | – |
| 7 |  Fragmetric | $3.21M | +0.3% | -40.9% | $13 |
| 8 |  ClayStack | $2.55M | – | 0.0% | – |
TVL, fees and categories from DefiLlama, collected by the BitcoinValues data desk. Updated 4 Oct 2026, 18:23 UTC. Methodology