Restaking Product
Kelp · Mainnet
Frequently Asked Questions
What is the current APY for Restaking Product?
The current spot APY for Restaking Product on Kelp (Mainnet) is 2.63%. The 30-day average APY is 1.69%. All figures exclude external token rewards and are calculated from on-chain exchange rates only.
How much total value is locked in Restaking Product?
The total value locked (TVL) in Restaking Product is $1397.9M. TVL measures the total ETH assets currently deposited in this vault.
Does the Restaking Product yield include token rewards?
No. Earnbase tracks on-chain APY only, derived from the vault's exchange rate changes over time. External incentives, token rewards, points programs, and liquidity mining bonuses are not included in the reported APY.
Which network is Restaking Product deployed on?
Restaking Product is deployed on Mainnet. Network choice affects transaction costs, settlement speed, and which protocols are available. On-chain APY figures on Earnbase are calculated from exchange rate data on Mainnet directly.
Compare with Other ETH Strategies
| Strategy | Platform | Network | APY | TVL |
|---|---|---|---|---|
| WETH Lend Pool | Arcadia | Base | 34.90% | $25.1K |
| Arcadia - Lend Autocompounder | Harvest | Base | 30.59% | $24.6K |
| WETH Core | Morpho | Base | 7.44% | $797.5K |
| stETH Looping | IPOR Fusion | Ethereum | 7.19% | $6.5M |
| ETH Reactor | Morpho | Base | 6.84% | $367.2K |
| Pool | IPOR Fusion | Base | 6.54% | $137.3K |
| Autopool | Tokemak | Mainnet | 5.92% | $16.4M |
| Flagship ETH | Lagoon | Mainnet | 4.96% | $4.9M |
| Swaap Lend Vault | Euler | Mainnet | 4.92% | $809.6K |
| DeTrade Core ETH | Lagoon | Base | 4.62% | $158.2K |
Restaking Product
Opens external site. Rates may differ due to refresh timing.
Opens external site. Rates may differ due to refresh timing.
Yield Overview
Restaking Product is a ETH yield strategy on Kelp (Mainnet). It currently generates 2.63% APY (24h) with a 30-day average of 1.69%. The vault holds $1.40B in total value locked. APY is derived from the vault's on-chain exchange rate and does not include external incentives.
Kelp · Mainnet
Market Benchmarking
Within the ETH ecosystem, this product ranks #17 out of 78 strategies. Its 2.63% yield is 0.12pp above the market average of 2.51%. While not the highest available, this strategy outperforms the majority of tracked ETH opportunities.
How Restaking Product Compares
Restaking Product currently ranks #17 among 78 monitored ETH strategies. However, with a TVL of $1.40B, it holds significantly less capital than higher-TVL alternatives like Liquid Staking ($18.95B).
Ecosystem Context
Positioned within the Mainnet ecosystem, this product's yield is 70.7% higher than the network average for ETH strategies. By TVL, this product ranks #5 of 44 ETH strategies on Mainnet.
About Kelp
Kelp is a DeFi protocol offering yield strategies tracked by Earnbase. Earnbase tracks 1 strategy on Kelp.
ETH on Mainnet#8 of 44
Yield Sustainability
An extreme 55.7% deviation from the historical average suggests the current yield level is unlikely to persist. This pattern is often driven by temporary incentive programs, one-off events, or rapid capital reallocation.
Yield Trajectory
Restaking Product recorded a 24h APY of 2.63% in the most recent data point. Over the past 30 days, the product delivered positive yields on 15 out of 30 days. Week-over-week, yields have increased by 253.0%. The strongest 7-day period was May 12–May 18 averaging 2.37%, while the weakest was Apr 21–Apr 27 at 0.00%. Current 24h APY of 2.63% is 199.2% above the product's own 30-day average.
Weekly yields have improved for 3 consecutive weeks, with the most recent 7-day average of 2.37% representing a sustained weekly performance in the tracked period.
Weekly Breakdown
Historical APY Statistics
Over the past 15 days, Restaking Product's yield has shown a upward trend, with yields expanding from 0.83% to 4.03%, a 387.2% increase. The sustainability score of 32/100 aligns with a reversion from previously unsustainable levels.
Historical TVL Statistics
Over the past 165 days, Restaking Product's total value locked has experienced a growth phase, growing from $1.21B to $1.48B, a 21.8% increase.
History
FAQ
Yield & Performance
Restaking Product on Kelp offers a 24-hour APY of 2.63%, a 30-day average of 1.69% on ETH. Yields are variable and update daily based on protocol activity.
Restaking Product ranks #17 out of 78 monitored ETH strategies. Its current yield of 2.63% is 4.9% above the market average of 2.51%.
Earnbase rates the yield sustainability of Restaking Product at 32/100, classified as "Very Low Stability". An extreme 55.7% deviation from the historical average suggests the current yield level is unlikely to persist.
Over the past 15 days, Restaking Product has shown an upward yield trajectory. The average APY moved from 0.83% to 4.03%.
Restaking Product has a yield volatility rating of "High" (standard deviation: 2.39pp over 15 days). The APY has ranged from 0.25% to 10.13% in the tracked period, with an average of 1.76%.
Liquidity & TVL
Restaking Product currently has a total value locked (TVL) of $1.40B in ETH deposits.
Restaking Product holds $1.40B in ETH deposits. Across all 78 tracked ETH strategies, deposits range widely depending on the protocol and curator reputation. This vault's TVL of $1.40B places it within the broader spectrum of ETH opportunities tracked on Earnbase.
By total value locked, Restaking Product ranks #5 of 44 ETH strategies on Mainnet. It currently holds $1.40B.
Restaking Product's TVL is currently on an upward trajectory. Over the past 165 days, TVL moved from $1.21B to $1.48B, a +21.8% change. The 30-day high was $1.82B and the 30-day low was $1.05B.
Despite rising yields, capital has been flowing out. This may indicate concerns about sustainability or broader market rotation. In general, rising TVL in a lending vault can compress yields as more capital competes for the same borrow demand.
Over the past 30 days, Restaking Product had 12 days of inflows and 17 days of outflows. The largest single-day inflow was +$49.1M (Apr 28, 2026) and the largest outflow was -$53.4M (May 16, 2026). Net 30-day TVL change: -9.7%.
Strategy & Access
Restaking Product operates on the Mainnet network and is managed by Kelp. It accepts ETH deposits.
To deposit into Restaking Product, you need ETH tokens on the Mainnet network. Visit the Kelp platform directly to connect your wallet and make a deposit.
Restaking Product ranks among 44 monitored ETH strategies on Mainnet. Its yield of 2.63% is 70.7% above the Mainnet average of 1.54%.
Restaking Product is deployed on Kelp's vault infrastructure. Fee structures are set at the protocol and curator level. Consult the vault directly for current performance and management fee rates.
Kelp is the DeFi protocol infrastructure that Restaking Product operates on. It provides the smart contract layer for deposits, withdrawals, and strategy execution on the Mainnet network.
For illustrative purposes only. Based on the current 2.63% on-chain APY for ETH. Does not include external incentives. Past performance does not guarantee future results. Actual returns may vary.
This page provides informational data aggregated from on-chain sources and is not financial advice. Always verify data directly with Kelp before depositing.
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