rsETH Now Live on Polynomial Finance for Perpetual Trading

🎯 50x Leverage Unlocked

By KelpDAO
Jul 14, 2025, 3:39 PM
twitter

rsETH has launched on Polynomial Finance, enabling perpetual trading on the super chain.​ Users can now:

  • Trade perpetuals (long/short) with up to 50x leverage
  • Use rsETH as collateral with no expiration dates
  • Earn multiple reward streams:
    • 2x Kernel Points (until Season 3)
    • 1x Programmatic EIGEN rewards
    • OP rewards
    • Restaking rewards

Getting started is simple: 1.​ Connect wallet 2.​ Deposit rsETH 3.​ Start trading

This integration adds to rsETH's growing DeFi utility, following recent launches on platforms like Derive XYZ.​

Sources

The liquid restaking market sits at ~$11B today. Kelp contributes nearly 20% of the entire market i.e. ~$2B+. We couldn't have built this without you Kelpies, so thought we'd write you a lil appreciation post. 🧜‍♀️ Here's how we, together, climbed our way up to the second

16
Reply
Read more about KelpDAO

KelpDAO Reaches 500,000 ETH Milestone in Liquid Restaking

**KelpDAO's rsETH has reached a significant milestone**, with total value locked (TVL) surpassing 500,000 ETH. The liquid restaking protocol, built on Eigenlayer, now serves over 20,000 rsETH holders. This growth reflects increasing adoption of liquid restaking solutions in the DeFi ecosystem. Users can mint rsETH through [KelpDAO's platform](https://kerneldao.com/kelp/restake/?utm_source=social). **Key metrics:** - 500,000+ ETH restaked - 20,000+ rsETH holders - Built on Eigenlayer infrastructure

rsETH E-Mode Goes Live on Aave v3 with 14x Leverage and 8.94% Rewards

Aave v3's Core market has activated E-Mode for rsETH, enabling significantly more capital-efficient leverage strategies. **Key improvements:** - Leverage increased from ~3x to 14x through E-Mode - Up to 93% loan-to-value ratio for rsETH <> ETH pairs - Current rewards reaching 8.94% on leveraged positions - One-click looping now available via Contango **What E-Mode enables:** E-Mode is designed for correlated assets like rsETH and ETH. The higher LTV ratios mean users can deploy capital more efficiently without increasing risk, as the assets move in tandem. Previously, conservative LTV caps left more capital idle. rsETH holders can now access these strategies on [Aave v3](https://app.aave.com/reserve-overview/?underlyingAsset=0xa1290d69c65a6fe4df752f95823fae25cb99e5a7&marketName=proto_mainnet_v3).

KelpDAO Implements Automated Risk Protection System

KelpDAO Implements Automated Risk Protection System

KelpDAO has introduced automated liquidation mechanisms and insurance vaults to protect users in their liquid restaking protocol. **Key Features:** - Automated protections activate when risk thresholds are crossed, eliminating delays from manual intervention - Insurance vaults handle edge cases to prevent losses from being passed to users - System addresses scalability issues with optional, user-managed insurance The protocol determined that manual insurance management doesn't scale effectively for actively managed vaults, especially as allocations shift across multiple protocols.

Chainlink Proof-of-Reserve Enables On-Chain Verification of Asset Backing

Chainlink Proof-of-Reserve Enables On-Chain Verification of Asset Backing

Chainlink's Proof-of-Reserve (PoR) feeds provide on-chain verification of asset backing, covering both on-chain and off-chain components. **Key Features:** - Verifiable backing through Chainlink PoR feeds - Transparency built directly into the system - Coverage of both on-chain and off-chain reserve components The technology aims to bring end-to-end transparency to reserves across different chains and off-chain holdings.

Continuous LTV Monitoring System Reacts Immediately to Position Risk

Continuous LTV Monitoring System Reacts Immediately to Position Risk

A real-time loan-to-value (LTV) monitoring system now tracks positions continuously rather than on daily or weekly intervals. **Key Features:** - Positions monitored in real-time, not periodically - System responds immediately when ratios approach risk limits - Automated reactions prevent delayed risk management This approach represents a shift from traditional periodic risk checks to continuous surveillance, enabling faster responses to market movements and position changes.

DeFiStaking