KernelDAO19
$kernel
MCAP20.38M
+8.29%

what's KernelDAO?

KernelDAO is a multi-chain restaking protocol that enables users to restake assets like Ethereum (ETH) while maintaining liquidity through its liquid restaking token rsETH. It integrates with over 150 DeFi platforms and supports more than 350,000 users, focusing on optimizing yields via its Kelp protocol for liquid restaking and Gain vaults for high-performance strategies. Deployed primarily on BNB Chain, KernelDAO secures networks through restaking and provides infrastructure for scalable DeFi applications. Kred, KernelDAO's Internet of Credit layer, connects on-chain liquidity to real-world financial activities by enabling on-demand, verifiable credit backed by institutional receivables such as remittances, payroll, and trade finance. It powers KUSD, a rewards-bearing stablecoin that generates yield from repayment flows, creating a self-reinforcing cycle of liquidity without idle capital. This bridges the $220T global payments market with DeFi, replacing pre-funding with programmable credit to unlock trillions in trapped liquidity.

Snapshot

KernelDAO has over 350,000 users across 10+ chains.

contract

ethereum

binance-smart-chain

arbitrum-one

2W ago
ONCHAIN METRICS

Has over 350,000 users across 10+ chains.

2M ago

Arbitrum DRIP Epoch 8 goes live, continuing ARB incentive distributions for ETH-based liquidity strategies.

rsETH pool with June 2026 maturity launches on mainnet via Pendle.

KernelDAO reaches over $2 billion TVL across ten chains and generates $9.2 million in fees and $904,715 in revenue in Q4 2025.

LayerBank integrates rsETH on Movement network, allowing users to supply rsETH through its universal vault system that supports 50+ assets across 17+ networks.

Total Arbitrum TVL rises from $111M to $286M in the past month.

rsETH expands with lending vault on Echelon Market (Canopy), wrsETH/ETH concentrated liquidity pool on Etherex, and rsETH/WETH metastable pool with Meridian Money (Canopy).

wrsETH launches on Aave v3 Avalanche market with 5k supply cap filling rapidly post-launch. rsETH native minting and bridging goes live on Ink chain with integrations on Tydro and Velodrome, while rsETH hits $183.9M TVL on Aave v3 Arbitrum maxing the 60k ETH supply cap and DRIP Epoch 7 deploys with ~2M ARB incentives for ETH strategies.

wrsETH goes live on Aave v3 Avax market with 5k supply cap, while DRIP Epoch 7 deploys ~2M ARB incentives for ETH strategies. On Arbitrum, rsETH market cap reaches ~$175M (+450% since DRIP start), and new integrations launch on Ink chain with Tydrohq and Velodrome.

Binance Simple Earn adds KERNEL Flexible and Locked Products with promotional APR rates up to 29.9% for Locked Products and 10% Bonus Tiered APR for Flexible Products.

Live rsETH/USD data feed now available on Monad network.

Voting incentive program on Equilibria increases to 8,460 $KERNEL tokens up for grabs for rsETH, agETH, and hgETH pool votes this week.

Allocated over 14,000 KERNEL tokens for hgETH and agETH liquidity pools on Pendle, increasing rewards to 8,460 $KERNEL tokens for voting on rsETH, agETH, and hgETH pools.

The Aave v3 Arbitrum market surpasses $183.9M TVL and reaches the maximum 60k ETH supply cap, offering 2x Kernel Points and 1x EIGEN rewards. New supply caps are announced for future implementation.

rsETH launches on Ink chain with two ways to deploy the LRT from day one.

rsETH ranks #1 among the top 10 volume risers this week with significant spikes in trading volume.

3M ago

rsETH's market cap on Arbitrum increases ~450% since the start of Arbitrum DRIP program, with 1 week remaining in Epoch 6 offering ARB rewards across supported protocols.

Equilibria voting market increases rewards to 8,220 $KERNEL tokens for voting on rsETH, agETH and hgETH pools.

Voting incentive program on Equilibria increases to 8,220 $KERNEL tokens up for grabs for rsETH, agETH, and hgETH pool votes.

rsETH integrates with High Gain vault strategy providing up to 20% rewards and hgETH tokens usable on Pendle and Euler Finance.

Voting incentive program on Equilibria distributes 6,852 $KERNEL tokens as rewards for votes on rsETH, agETH, and hgETH pools.

Users can earn 6,852 $KERNEL tokens by voting for rsETH pools on Equilibria's voting market.

October Street Kred rewards complete with distribution of 13 Hooligans, 72 Zuckbots, 50,000 $KARRAT, and 1.2M HOOLIBUXX across tiered participants. New $HOOLI token exposure and 76 on-chain Hooligan Ninja Skins on Studio Chain announced for future distribution.

rsETH on Aave v3 Arbitrum market surpasses $117.5M TVL and maxes out the 31,680 ETH supply cap, with additional supply caps opening soon.

rsETH on Aave v3 Arbitrum market surpasses $117.5M TVL and maxes out the 31,680 ETH supply cap, with additional supply caps opening soon.

Released Kred Litepaper, introducing KUSD stablecoin with KelpDAO, integrating Chainlink CCIP and PoR, launching Q4 2025 and scaling to institutional adoption by Q2 2026. Stable Gain vault achieved $7M TVL, wrsETH launched on Avalanche reaching $25M TVL, and rsETH integrated across Plasma (Aave v3), Gearbox Protocol, and Arbitrum DRIP campaign.

wrsETH launches on Avalanche reaching $25M TVL milestone, while Plasma integration goes live with 15.4k wrsETH supplied to Aave v3. Kred Litepaper releases introducing KUSD stablecoin with institutional credit roadmap spanning Q4 2025 to Q2 2026, integrating Chainlink CCIP and Proof of Reserve. $KERNEL Season 3 airdrop goes live for 500+ eligible wallets, and $KERNEL/KRW trading pair launches on Upbit exchange.

Kernel integrates with Mira Network's Trust Layer as part of an expanding ecosystem of applications using verified AI infrastructure.

Sprint #4 of Kernel Kollective launches with ~$5,300 in rewards (7.5 KING tokens) distributed through quests with Kelp and Gain partners, running until December 4.

Oracle exploit on MoonwellDeFi manipulates rsETH/ETH price feed on Base and Optimism, draining over $1M through MEV-driven attack.

Balancer hack totals $117M in stolen assets including 2,038 rsETH tokens worth $8.67M, with the hacker actively converting Liquid Staking Tokens to ETH across multiple chains including Ethereum, Base, Optimism, Sonic, Polygon, and Berachain.

Balancer protocol experiences ~$100M exploit with 1,224 rsETH tokens among the stolen assets.

Total ecosystem value exceeds $2B with High Gain ETH vault product delivering up to 20% yields via KelpDAO partnership.

Trading tournament goes live on Binance featuring a 400 BNB voucher reward pool.

Trading tournament launches on Binance with 400 BNB voucher pool available for participants.

Season 3 Airdrop is now available.

Added to Upbit exchange's KRW market, resulting in immediate price surge of 32.8% from $0.16 to $0.26, then stabilizing at $0.21.

South Korea's largest crypto exchange Upbit lists KERNEL on its KRW market with trading opening at 16:30 local time.

rsETH loop migrates from Linea to Arbitrum on Aave with fresh Gearbox Protocol allocations to WETH and wstETH markets; hgETH exchange rate grows 0.34% weekly, tracking 19.38% annual rate.

Chainlink becomes official oracle provider with integration of CCIP for cross-chain transfers between BNB Chain and Ethereum, Price Feeds, and Proof of Reserve for KUSD. KUSD stablecoin launches with native cross-chain transferability powered by Chainlink's CCT standard.

Kred receives backing from Ethereum Foundation and Chainlink research for its decentralized credit layer infrastructure.

Kred litepaper releases with KUSD Phase one set for launch this quarter offering up to 50% APR yield and institutional vault expansion planned through 2026.

KUSD rewards-bearing stablecoin backed by real-world receivables is planned for launch in the coming months.

4M ago

Listed as one of three outlier performers in the liquid staking token sector over the past 90 days while the broader sector declined.

rsETH integration live across Aave, Morpho, and Linea platforms. KernelDAO achieves $2.4B+ TVL, BNB Restaking Infrastructure reaches $150M TVL, and Gain stablecoin vaults launch with 20%+ APR.

rsETH integrated into Aave, Morpho, and Linea. Gain prepares to launch stablecoin vaults with yields above 20% APR, while Kernel Infra supports $150M in restaking infrastructure on BNB.

rsETH accepted as collateral in kpk.io's curated markets on Gearbox Protocol, with 2-month GEAR and ETH+ incentive rewards for depositors and borrowers in structured WETH and wstETH pools.

KernelDAO and Kelp release report on Kred (Internet of Credit); TVL across protocol products stands at $2.4B+.

Kernel DAO achieves $2.4B+ TVL across its products. The report clarifies Kred focuses on on-demand, fully verifiable on-chain credit infrastructure branded as "the Internet of Credit."

New research report released in collaboration with Ethereum Foundation Enterprise, focusing on institutional-grade infrastructure requirements for stablecoins.

Announces Kred, an Internet of Credit product featuring KUSD, a fully collateralized rewards-bearing stablecoin backed by real-world repayments, developed with Chainlink verification and Ethereum Foundation Enterprise contributions.

Kernel DAO releases report introducing KUSD, a fully collateralized rewards-bearing stablecoin, with confirmed partnerships with Chainlink for verification and Ethereum, plus collaboration with Ethereum Foundation Enterprise.

Market cap on Arbitrum increases 78% as Epoch 4 of Arbitrum DRIP launches, offering ARB token rewards across supported protocols.

4,371 KERNEL tokens offered as rewards this week for voting on rsETH, agETH, and hgETH pools on Equilibria's voting market.

4,371 KERNEL tokens available this week as rewards for voting on rsETH pools through Equilibria's voting market.

Protocol implements LayerZero OFT to enable cross-chain movement at native cost with no wrapping or bridges required.

Sprint #3 launches with 30,000 $KERNEL in rewards for completing quests across Kelp and Gain platforms, running through October 31.

Added to Coinbase Prime for institutional custody and transfer services.

Introduces $KUSD stablecoin with Proof-of-Usage Model offering 10-15% base yields and expands into RWAs with Kred credit layer, with whitepaper launching soon.

5M ago

TVL reaches new all-time high while price tests diagonal resistance level, indicating potential breakout from consolidation phase.

6M ago

TVL approaches ATH as protocol maintains position as largest security restaking venue on BNB chain.

7M ago

Multi-chain restaking protocol reaches $2B+ TVL and expands into AI verification on BNB chain.

3130 ETH deployed to bootstrap rsETH/WETH market on Unichain with 2x points and EIGEN rewards.

Protocol achieves $2B+ TVL across 10+ chains, securing position as 2nd largest LRT on Ethereum and #1 shared security provider on BNB Chain.

New hgETH(Gain) pool launches on Penpiexyz offering 17% APY and 2x points multiplier for deposits.

8M ago

Penpie platform integration launches with triple reward structure: 12% APY, 2.5x Kernel points, 1x Eigenlayer points

TVL hits $55M while users stack multiple reward streams

Staking program reaches 3M+ tokens locked milestone with Season 3 rewards and enhanced staking benefits now active.

Protocol reports $2B TVL while trading at $20M market cap, with active Coinbase trading support.

KelpDAO launches enhanced voting incentives with 6,180 KERNEL rewards across agETH, hgETH, and rsETH pools.

Token vesting schedule changes from monthly to daily releases to reduce market volatility.

Season 1 airdrop claims closing today, final hours for token retrieval.

New vault expansion introduces stablecoin (15-20% APR) and BTC (5% APR) options with Kernel Points rewards.

Binance implements liquidity enhancement plan for KERNEL/USDT trading pair.

USD1 stablecoin integrates with protocol as restakable asset, providing first-ever security backing for third-party application.

New voting campaign launches on Equilibria with 4,260 KERNEL rewards across rsETH, agETH, and hgETH pools in partnership with KelpDAO.

New automated trading feature enables limit orders without manual monitoring.

9M ago

New yield farming program launches with 2.8M MOVE tokens available as rewards for holders through Canopy's DeFi Spring Wave Two.

Token listed on Bybit and Coinbase with rising trading volume and enhanced liquidity.

Stablecoin vault launches with 20% reward rate, accompanied by new RWA initiative for on-chain real-world assets.

Major DeFi incentives program goes live, distributing $KERNEL rewards across top protocols until August.

New token allocation program launches with 1% of total supply distributed across $2B+ ecosystem through three protocols until August 31.

Active staking program reaches 2M tokens milestone, offering Season 2 rewards and 3x point boost across Ethereum and BNB chains.

Protocol security enhanced through Chainlink Proof of Reserve integration, ensuring 1:1 collateralization for minting process.

Critical protocol bug mints $31.2 quintillion to treasury due to fee calculation error with 1e36 based numbers.

SteakhouseFi vaults remove all rsETH exposure following KelpDAO security incident.

Aave Protocol Guardian implements immediate freeze on rsETH supply and borrowing due to detected issue.

Vault maintains 18% reward rate, outperforming the general ETH reward rate of 11%.

Technical partnership launched with kernel_dao for enhanced network security via economic restaking.

Trading carnival offering $10,000 in KERNEL rewards for spot/grid trading and affiliate activities until May 9th.

Protocol reaches $854M in total lending supply on Ethereum mainnet, establishing significant presence in DeFi lending markets.

ynBNBx offers 41.23% APY through Pendle integration, plus additional rewards via points system.

Perpetual futures now available on Coinbase Advanced with 20X leverage

Perpetual futures markets launch with full trading functionality on Coinbase International and Advanced exchanges, including limit, market, and stop orders.

ETH-rsETH pool reaches $25M TVL with active $5M UNI rewards program for liquidity providers.

Stablecoin vault launching in May offers 15-20% rewards, building on existing protocol managing 600k ETH in deposits.

Selected as top 5 protocol in BNB Chain's TVL Incentive Program, enabling enhanced staking rewards.

Receives delegation support from BNB Chain as one of five selected protocols in TVL incentive plan.

Immediate VC selling of airdrop rewards signals potential downward price pressure.

10M ago

Token launches on Binance, KuCoin, and Kraken with $2B+ TVL across multiple chains.