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KelpDAO Restaked ETH rsETHPrice $ 1,664
Rank: 113
rsETH Price
General Info
Contracts/Explorers:
Ethereum
KelpDAO Restaked ETH (rsETH) Chart
rsETH to USD Converter
rsETH
What is KelpDAO Restaked ETH (rsETH)?
rsETH, issued by Kelp DAO, is a Liquid Restaked Token (LRT) providing liquidity for assets deposited into restaking platforms like EigenLayer. It addresses the limitations of current restaking offerings by allowing restakers to stake their LST and mint rsETH tokens, representing fractional ownership of the underlying assets. rsETH distributes these tokens to different Node Operators within the Kelp DAO, accruing rewards from various services. The rsETH token's value reflects the combined value of the rewards and staked tokens. Restakers can swap rsETH for instant liquidity on AMMs or redeem underlying assets, and further leverage them in DeFi applications.
KelpDAO Restaked ETH Price Today
KelpDAO Restaked ETH's current price is $ 1,664, it has dropped -0.97% over the past 24 hours.
KelpDAO Restaked ETH's All Time High (ATH) of $ 4,215 was reached on 16 Dec 2024, and is currently -60.5% down.
The current circulating supply of KelpDAO Restaked ETH is 553.86 Thousands tokens, and the maximum supply of rsETH is unlimited.
KelpDAO Restaked ETH’s 24 hour trading volume is $ 301.63 Thousand.
KelpDAO Restaked ETH's current share of the entire cryptocurrency market is 0.03%, with a market capitalization of $ 921.68 Million.
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