Protocol Information
King Protocol, (formerly LRT²) is a unified restaking rewards protocol acting as a vault that holds the rewards tokens as underlying assets. Through King Protocol, LRT projects can pool restaking network protocol rewards into a single vault and issue vault share tokens to their stakers (or distributor contract). This system cuts transaction costs and streamlines the rewards process, great for those with smaller stakes who might find it easier to manage and trade their shares collectively
Audits:
Methodology
TVL: Tokens on the king contractView code on GitHubCompetitors
King Protocol history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Feb 15, 2025 to Oct 27, 2026.
All-time high TVL: $23.7m on Jun 11, 2025. All-time low TVL: $1.04m on Aug 13, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $1.67m |
| Sep 29, 2026 | $1.55m |
| Sep 30, 2026 | $1.55m |
| Oct 1, 2026 | $1.54m |
| Oct 2, 2026 | $1.53m |
| Oct 3, 2026 | $1.49m |
| Oct 4, 2026 | $1.56m |
| Oct 5, 2026 | $1.56m |
| Oct 6, 2026 | $1.55m |
| Oct 7, 2026 | $1.54m |
| Oct 8, 2026 | $1.45m |
| Oct 9, 2026 | $1.35m |
| Oct 10, 2026 | $1.36m |
| Oct 11, 2026 | $1.44m |
| Oct 12, 2026 | $1.58m |
| Oct 13, 2026 | $1.44m |
| Oct 14, 2026 | $1.44m |
| Oct 15, 2026 | $1.43m |
| Oct 16, 2026 | $1.46m |
| Oct 17, 2026 | $1.47m |
| Oct 18, 2026 | $1.46m |
| Oct 19, 2026 | $1.39m |
| Oct 20, 2026 | $1.4m |
| Oct 21, 2026 | $1.41m |
| Oct 22, 2026 | $1.45m |
| Oct 23, 2026 | $1.32m |
| Oct 24, 2026 | $1.26m |
| Oct 25, 2026 | $1.25m |
| Oct 26, 2026 | $1.24m |
| Oct 27, 2026 | $1.23m |
TVL at each month end, Feb 2025 to Oct 2026
| Date | TVL |
|---|---|
| Feb 28, 2025 | $10.28m |
| Mar 31, 2025 | $6.02m |
| Apr 30, 2025 | $6.34m |
| May 31, 2025 | $8.17m |
| Jun 30, 2025 | $11.69m |
| Jul 31, 2025 | $10.65m |
| Aug 31, 2025 | $8.22m |
| Sep 30, 2025 | $10.15m |
| Oct 31, 2025 | $6.64m |
| Nov 30, 2025 | $4.38m |
| Dec 31, 2025 | $3.42m |
| Jan 31, 2026 | $2.47m |
| Feb 28, 2026 | $1.61m |
| Mar 31, 2026 | $1.41m |
| Apr 30, 2026 | $1.37m |
| May 31, 2026 | $1.38m |
| Jun 30, 2026 | $1.23m |
| Jul 31, 2026 | $1.13m |
| Aug 31, 2026 | $1.23m |
| Sep 30, 2026 | $1.55m |
| Oct 27, 2026 (latest) | $1.23m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/king-protocol
Frequently asked questions
What is King Protocol's TVL?
As of Oct 27, 2026, King Protocol has $1.23m in total value locked. TVL has decreased 24.4% over the past 30 days.
What chains does King Protocol operate on?
King Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does King Protocol's TVL compare to similar protocols?
Among Liquid Restaking protocols tracked by DefiLlama, King Protocol ranks #12 by TVL. The category holds $1.199b across 27 protocols, and King Protocol accounts for 0.1% of that total. Similar protocols include Kelp, Renzo, Mantle Restaking, Swell Liquid Restaking, Puffer Stake, Bedrock uniETH, Mellow Restaking, InceptionLRT (Isolated Restaking), Eigenpie, and Neemo Finance.