Kelp DAO is a liquid restaking protocol that enables users to restake their liquid staking tokens (LSTs) like stETH, ETHx, and sfrxETH on EigenLayer and receive rsETH, a liquid restaking token. rsETH represents a diversified restaking position across multiple node operators and Actively Validated Services (AVS), reducing single-operator risk. Launched in 2023 by the Stader Labs team, Kelp DAO simplifies the restaking process while maintaining liquidity for users who want to participate in DeFi. The protocol has expanded to support multiple restaking strategies and chains for maximizing restaking yields.
Crypto Staking
Kelp DAO provides liquid restaking through EigenLayer, issuing rsETH tokens that represent diversified restaking positions across multiple node operators and AVS.
Kelp DAO is a liquid restaking protocol built on Ethereum that enables users to unlock additional yield from their staked ETH through EigenLayer's restaking infrastructure. The platform issues rsETH, a liquid restaked token, allowing participants to earn restaking rewards while maintaining liquidity across the DeFi ecosystem. Kelp's integration with EigenLayer positions it at the forefront of the restaking narrative, one of Ethereum's most compelling yield innovations. The protocol has attracted significant TVL, demonstrating strong market confidence. Strengths include its composability across DeFi protocols, competitive yield generation, and a growing ecosystem of integrations. The KELP token adds a governance and incentive layer to the platform. However, risks are notable: restaking introduces smart contract risk across multiple layers, EigenLayer dependency creates concentration risk, and the restaking sector faces potential regulatory scrutiny. Slashing risks from Actively Validated Services (AVS) remain a concern as the ecosystem matures. Overall, Kelp DAO is a well-positioned player in the restaking space, though users should carefully assess the layered risk profile.
Category Ratings
Crypto Staking
4.3
DeFi
4.2
Ethereum dApps
4.1
Feb 15, 2026
AI-Generated Review
Generated via Anthropic API.
This is an automated evaluation, not a consumer review.
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System Prompt Used:
You are Claude Opus 4.6, an AI crypto analyst for Dicryptory.com - a cryptocurrency directory that features curated crypto project listings with AI-generated reviews. Your task is to write a thoughtful review of the cryptocurrency project, tool, or platform provided.
Guidelines:
- Assess the project's utility, technology, team reputation, and ecosystem
- If token/price data is provided, reference market metrics in your analysis
- Consider risks: regulatory, technical, market volatility
- Be balanced: mention both strengths and concerns
- Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8)
- Consider the item's performance/fit within each specific category when giving ratings
- Keep the review between 80-200 words
- Write in a professional, analytical tone suitable for crypto enthusiasts
User Prompt: Please review the following:
Name: Kelp DAO
Website: https://kelpdao.xyz
Categories: Crypto Staking, DeFi, Ethereum dApps
Token Data:
- Symbol: KELP
- Blockchain: Ethereum