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Kelp DAO

Blockchain and Cryptocurrency
Founded
--
Employees
--
Total Funding
$9.0M
Funding Rounds
1
Last Funding
2024-05-23

About Kelp DAO

KernelDAO is a decentralized ecosystem focused on enabling users to earn rewards by putting their ETH, BTC, and BNB to work through restaking and other innovative financial products. It aims to unlock real rewards and provide high-functioning collateral with layered utility across multiple blockchain networks.

Products & Services

Kelp:A product within the KernelDAO ecosystem, specifics not detailed in the content but accessible via dedicated page.
Kernel:A core product with associated governance token $KERNEL, which powers governance, shared security, and slashing insurance across the ecosystem.
Restaking (rsETH):Allows users to restake ETH across 10+ Layer 2 solutions, offering liquid and live collateral with a TVL of $1.81B.
Vaults:No lockups or thresholds, providing continuous earning opportunities with a TVL of $209.08M.
Restaking BNB, BTC & More:Enables restaking of BNB, BTC, and other assets to secure 25+ protocols, boosted by asBNB on Binance Launchpool, with a TVL of $194.10M.

Specialties

Restaking Decentralized Finance (DeFi) Liquid Staking Governance Tokens Cross-Chain Solutions

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Strategic Private Sale
T: -
FT: Strategic Private Sale
A: 9000000
MR: -
FA: $9 million
FAN: 9000000
D: 2024-05-23
FD: 2024-05-23
1 investors
Strategic Private Sale Latest
2024-05-23
$9.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

No team data available

Team information is not yet available for this company

Recent News

Kelp DAO Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

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Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Blockchain and Cryptocurrency

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Technology Stack

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