The current real-time price of RSETH is $3,153.04. In the past 24 hours, RSETH has traded between $3,156.29 and $3,229.67, showing strong market activity. The all-time high of RSETH is $5,190.42, and the all-time low is $1,029.61.
From a short-term perspective, the price change of RSETH over the past 1 hour is , over the past 24 hours is -0.11%, and over the past 7 days is -1.60%. These figures provide a quick overview of the latest price trends and market dynamics of RSETH on LBank.+3.67%
The live price of RSETH today is $3,153.04, with a current market cap of $1.793B. The 24-hour trading volume is 97K. The price of RSETH to USD is updated in real time.
Before deciding whether to buy or sell RSETH, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s RSETH technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for RSETH.
How much will RSETH be worth tomorrow, next week, or next month in ? What about your RSETH assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! RSETH Price Prediction
To learn more about RSETH, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x2d62...74d7b1  | 375.040K | 65.92% |
ethereum | 0x85d4...e98ef3 | 125.189K | 22% |
ethereum | 0x856f...a45062 | 7,998.000 | 1.41% |
ethereum | 0xa175...93ae94 | 7,137 | 1.25% |
ethereum | 0x2216...c6ea7c | 5,941 | 1.04% |
Other | 47,626.17 | 8.37% |
Kelp DAO Restaked ETH (rsETH) is a Liquid Restaked Token (LRT) issued by Kelp DAO. It is designed to provide liquidity to assets deposited into restaking platforms like EigenLayer. rsETH aims to address the illiquidity challenges inherent in traditional restaking by allowing users to maintain access to their funds while still earning rewards.
The primary purpose of rsETH is to allow users to maximize their staking yields by participating in EigenLayer restaking while maintaining liquidity. It enables simultaneous rewards from both Ethereum staking and EigenLayer services. rsETH also simplifies restaking by offering a single liquid token that represents a claim on restaked assets and manages various rewards, reducing complexity and gas fees.
Users deposit Liquid Staking Tokens (LSTs) such as stETH or rETH into Kelp DAO, receiving rsETH which represents their share in the restaked asset pool. Kelp DAO distributes these tokens to Node Operators on EigenLayer. Rewards from various EigenLayer services accrue to rsETH contracts. rsETH can then be used across compatible DeFi protocols for lending, borrowing, or liquidity provision, or swapped on Automated Market Makers (AMMs) for instant liquidity.
Holding rsETH offers several benefits: enhanced yields from both LSTs and EigenLayer services, liquidity for assets typically locked in restaking, simplified management of diverse rewards and services, capital efficiency allowing users to earn from multiple sources, and access to various DeFi platforms for further yield-generating opportunities.
While offering benefits, Kelp DAO and rsETH carry risks including smart contract vulnerabilities, dependency on EigenLayer's security and performance, market price fluctuations of underlying LSTs, potential slashing risks from validators, evolving regulatory uncertainty, and centralization concerns regarding the DAO's selection of services, though future versions aim for more permissionless operations.
Yes, Kelp DAO charges a 10% fee on the rewards earned from ETH deposits through its restaking feature. There are no fees charged directly on deposits of Liquid Staked Tokens (LSTs) themselves, aside from standard network gas fees. For its "Gain Vaults," a 2% annualized fee on deposits is applied.
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