Kelp

Kelp is the second largest liquid restaking protocol with ~$2B+ in TVL. Its liquid restaked token, rsETH, is live across 10+ major L2s and 40+ DeFi platforms, allowing users to restake while maintaining full liquidity.

## Overview Kelp is a liquid restaking protocol built on Ethereum that allows users to stake their ETH or liquid staking tokens (LSTs) and earn restaking rewards while maintaining full liquidity. The protocol issues rsETH, a liquid restaked token that represents the user's stake in the Kelp ecosystem. As the second largest liquid restaking protocol by total value locked, Kelp has established itself as a significant player in the restaking landscape, enabling users to participate in validator node operations across multiple AVS (Actively Validated Services) without sacrificing access to their c