Inside Kernel's Thriving Ecosystem: Our Journey to $2.3B+ TVL

Inside Kernel's Thriving Ecosystem: Our Journey to $2.3B+ TVL

Inside Kernel's Thriving Ecosystem: Our Journey to $2.3B+ TVL

Shivangini

Feb 11, 2025

Feb 11, 2025

Feb 11, 2025

3 min

3 min

3 min

We wanted to share some incredible milestones we've achieved together over the past few months. It's honestly mind-blowing to see how far we've come - watching our TVL surge from $500M to $2.3B in just three months has been nothing short of extraordinary. Let us break down what's been happening across our ecosystem.

Our Two Core Pillars

First up, Kelp - our Ethereum LRT protocol has absolutely crushed it. We've become the second-largest Liquid Restaking Token protocol on Ethereum, and the momentum is just incredible. Our team has been working around the clock to secure partnerships with over 50 DeFi protocols. You all know the major ones - Aave, Compound, Morpho, and Fluid are now offering lending markets across mainnet and L2s. Plus, our DEX coverage with Pendle, Balancer, Uniswap, and Berachain is solid. Special shoutout to our L2 team - we're now live on Arbitrum, Base, Mode, Linea, Scroll, and Optimism!

On the BNB Chain side, Kernel has been our powerhouse for security infrastructure. We are particularly proud of our growing ecosystem of over 30 active projects. Our DVN partnerships have been crucial here - from AI solutions with Mira Network and Aizel to ZK infrastructure with Electron and Kalypso. The identity and security vertical with Altlayer, Holonym/Mishti, and Venn has been particularly strong. Plus, our oracle networks (KGen, eOracle, Brevis) and cross-chain solutions (Router Protocol, 0xbridge) are growing exceptionally well.

Major Backing & What's Next

The $40M Ecosystem Fund we secured has been a game-changer. Having Laser Digital, SCB Limited, Hypersphere Ventures, Cypher Capital, ArkStream, and Levitate Labs backing us validates everything we've been building. With 20+ DVNs already onboard and plans to add 45 more strategic partners, we're just getting started.

We're targeting a massive $100B+ market opportunity across liquid restaking, tokenized CeDeFi, and RWAs. The roadmap ahead is packed - we're diving deep into BTCFi and RWA markets. These aren't just expansion plans; they're about building the foundation for next-gen restaking infrastructure.

$KERNEL Token Launch

And now for what many of you have been waiting for - we're getting ready to launch the $KERNEL token! This isn't just another token launch; it's about bringing everything together. With $2.3B+ TVL across our three flagship products, solid utility features (governance, staking, shared security), and backing from industry giants like Binance Labs, SCB, Laser Digital, and Bankless Ventures, we're set up for success. The 30-month vesting schedule shows our long-term commitment to building something sustainable.

We are incredibly proud of what our team has accomplished, but this is just the beginning. We're not just building products; we're shaping the future of decentralized finance. The momentum we've gained, the partnerships we've secured, and the community we've built - it's all coming together beautifully.

Keep restaking! 

Special thanks to all our partners, investors, and most importantly, our amazing community. None of this would be possible without your support and trust in our vision.

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