Kelp DAO Restaked ETH (RSETH) Metrics
Kelp DAO Restaked ETH Price Chart Live
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Kelp DAO Restaked ETH (RSETH)
What is Kelp DAO Restaked ETH?
Kelp DAO Restaked ETH is a cryptocurrency token that operates on the Ethereum blockchain. This token is designed to enhance the utility of staked ETH by allowing holders to participate in governance and decision-making within the Kelp DAO ecosystem. By restaking ETH, users can earn rewards while contributing to the overall growth and sustainability of the blockchain project. The Kelp DAO Restaked ETH token plays a crucial role in facilitating decentralized finance (DeFi) applications and promoting community engagement within the Ethereum network.
When and how did Kelp DAO Restaked ETH start?
Kelp DAO Restaked ETH was launched in 2023 as part of the Kelp DAO initiative, which aims to enhance the utility of staked Ethereum through decentralized governance. The project was developed by a team of blockchain enthusiasts focusing on maximizing the potential of Ethereum's staking ecosystem. In its early development, was initially listed on several decentralized exchanges, allowing users to trade and utilize their restaked ETH in various DeFi applications, thereby increasing liquidity and engagement within the Ethereum community.
What’s coming up for Kelp DAO Restaked ETH?
Kelp DAO Restaked ETH is gearing up for significant advancements as it continues to enhance its ecosystem. The roadmap highlights the upcoming launch of innovative staking features aimed at improving user engagement and yield optimization. Additionally, the community plans to host a series of governance proposals that will shape the future direction of the project, fostering a more decentralized decision-making process. As Kelp DAO evolves, users can expect increased interoperability with other DeFi platforms, expanding the utility of rseth in various financial applications. Stay tuned for these exciting developments that aim to bolster community growth and enhance the overall user experience.
What makes Kelp DAO Restaked ETH stand out?
Kelp DAO Restaked ETH is unique compared to other cryptocurrencies due to its innovative approach to staking, allowing users to earn rewards from both ETH staking and DAO governance simultaneously. This standout technology enhances tokenomics by creating a dual-use case that empowers holders with real-world governance participation while maximizing their yield. Additionally, its integration within the Kelp DAO ecosystem fosters a collaborative environment for decentralized decision-making, setting it apart from traditional staking models.
What can you do with Kelp DAO Restaked ETH?
Kelp DAO Restaked ETH is primarily used for staking, allowing users to earn rewards by participating in the network's consensus mechanism. Additionally, it serves as a utility token within DeFi apps, facilitating payments and access to various decentralized financial services. Users can also engage in governance, influencing decisions related to the protocol's development and future direction.
Is Kelp DAO Restaked ETH still active or relevant?
Kelp DAO Restaked ETH is currently active, with ongoing development and a presence in the trading market. The project is still traded, indicating a level of community engagement and interest. However, it's essential to monitor for any signs of stagnation or reduced activity that could suggest a shift towards inactivity or abandonment.
Who is Kelp DAO Restaked ETH designed for?
Kelp DAO Restaked ETH is primarily built for DeFi users and investors seeking to enhance their yield through innovative staking mechanisms. Its target audience includes those interested in maximizing their Ethereum holdings while participating in a decentralized autonomous organization (DAO) environment. This coin is ideal for individuals looking to engage with advanced financial products within the Ethereum ecosystem.
How is Kelp DAO Restaked ETH secured?
Kelp DAO Restaked ETH secures its network through a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining blockchain protection. By restaking ETH, these validators enhance network security and incentivize participation, ensuring robust consensus and reducing the risk of malicious attacks. This model fosters a decentralized and resilient ecosystem, essential for the integrity of the Kelp DAO network.
Has Kelp DAO Restaked ETH faced any controversy or risks?
Kelp DAO Restaked ETH has faced concerns regarding potential volatility and security risks inherent in decentralized finance (DeFi) protocols. The project has also been scrutinized for its governance model, which could expose it to legal issues and controversies related to regulatory compliance. Additionally, the DeFi space is notorious for hacks and rug pulls, raising further risks for investors engaging with .
Kelp DAO Restaked ETH (RSETH) FAQ – Key Metrics & Market Insights
Where can I buy Kelp DAO Restaked ETH (RSETH)?
Kelp DAO Restaked ETH (RSETH) is widely available on centralized cryptocurrency exchanges. The most active platform is Uniswap V3 (Ethereum), where the WSTETH/RSETH trading pair recorded a 24-hour volume of over $485 245.34. Other exchanges include Fluid (Ethereum) and Curve Finance.
What’s the current daily trading volume of Kelp DAO Restaked ETH?
As of the last 24 hours, Kelp DAO Restaked ETH's trading volume stands at $538,433.72 , showing a 13.91% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What’s Kelp DAO Restaked ETH’s price range history?
All-Time High (ATH): $6 809.50
All-Time Low (ATL): $0.00000000
Kelp DAO Restaked ETH is currently trading ~50.70% below its ATH
.
What’s Kelp DAO Restaked ETH’s current market capitalization?
Kelp DAO Restaked ETH’s market cap is approximately $1 445 737 247.00, ranking it #64 globally by market size. This figure is calculated based on its circulating supply of 431 091 RSETH tokens.
How is Kelp DAO Restaked ETH performing compared to the broader crypto market?
Over the past 7 days, Kelp DAO Restaked ETH has gained 4.79%, outperforming the overall crypto market which posted a 1.25% decline. This indicates strong performance in RSETH's price action relative to the broader market momentum.
Trends Market Overview
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Kelp DAO Restaked ETH Basics
| Hardware wallet | Yes |
|---|
| Website | kelpdao.xyz |
|---|---|
| Wallet | Coins Mobile App |
| Asset type | Token |
|---|---|
| Contract Address |
| Explorers (3) | etherscan.io optimistic.etherscan.io arbiscan.io |
|---|
| Tags |
|
|---|
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Kelp DAO Restaked ETH Exchanges
Kelp DAO Restaked ETH Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to Kelp DAO Restaked ETH
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 | Tether USDT | $177 507 853 109 | $1.000494 | $71 099 254 257 | 177,420,277,588 | |||
| 6 | USDC USDC | $78 065 413 273 | $1.000140 | $13 004 061 474 | 78,054,452,269 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $13 744 180 125 | $3 865.36 | $55 159 997 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $12 076 154 562 | $92 059.30 | $321 055 594 | 131,178 | |||
| 14 | WETH WETH | $11 930 858 413 | $3 168.13 | $721 626 855 | 3,765,896 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 | Tether USDT | $177 507 853 109 | $1.000494 | $71 099 254 257 | 177,420,277,588 | |||
| 6 | USDC USDC | $78 065 413 273 | $1.000140 | $13 004 061 474 | 78,054,452,269 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $13 744 180 125 | $3 865.36 | $55 159 997 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $12 076 154 562 | $92 059.30 | $321 055 594 | 131,178 | |||
| 14 | WETH WETH | $11 930 858 413 | $3 168.13 | $721 626 855 | 3,765,896 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 8 | Lido Staked Ether STETH | $30 999 512 646 | $3 165.02 | $45 119 876 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $13 744 180 125 | $3 865.36 | $55 159 997 | 3,555,731 | |||
| 69 | mETH METH | $1 295 404 227 | $3 418.28 | $4 180 520 | 378,964 | |||
| 77 | Liquid Staked Ethereum LSETH | $1 144 408 726 | $3 387.38 | $68 168.66 | 337,845 | |||
| 82 | Binance Staked SOL BNSOL | $1 077 974 661 | $150.57 | $4 368 430 | 7,159,388 |
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 3 | Tether USDT | $177 507 853 109 | $1.000494 | $71 099 254 257 | 177,420,277,588 | |||
| 6 | USDC USDC | $78 065 413 273 | $1.000140 | $13 004 061 474 | 78,054,452,269 | |||
| 8 | Lido Staked Ether STETH | $30 999 512 646 | $3 165.02 | $45 119 876 | 9,794,399 | |||
| 12 | Wrapped Liquid Staked Ether 2.0 WSTETH | $13 744 180 125 | $3 865.36 | $55 159 997 | 3,555,731 | |||
| 13 | Wrapped Bitcoin WBTC | $12 076 154 562 | $92 059.30 | $321 055 594 | 131,178 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
Kelp DAO Restaked ETH


