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Scores/Kelp DAO

Kelp DAO

DAMASCUS

Liquid Restaking · Ethereum · $1B+ TVL · 10 contracts

Official site: kelpdao.xyz

758
3004756508251000
Confidence50%
Z-Factor0.58
Updated 2026-05-27Public score

Security Profile

Access Ctrl
68
Economic
72
Oracle
72
Compos.
60
Govern.
52
Maturity
58
Resilience
70
Supply Ch.
78
OpSec
54
Cascade
89
Min
52
Avg
67
Max
89

Audit History

Sigma Prime
2024-01
Code4rena
2024-03

Bug Bounty Program

$250,000
Max payout on Immunefi
View Program

Assessment

Liquid restaking protocol with rsETH token. 29+ months live with no exploits but limited battle-testing. Deep EigenLayer dependency and early governance centralization. Growing TVL but young protocol.

Dimension Breakdown

Methodology
Access Control
Weight 18% · 65% confidence
68
+23Admin controls for deposits/withdrawals
+23Operator permissions
+23Multisig for emergency
-32Centralized parameter control
Provenance
Economic Soundness
Weight 13% · 68% confidence
72
+18rsETH liquid restaking model
+18EigenLayer rewards pass-through
+18Fee structure transparent
+18Withdrawal queue implementation
Provenance
Oracle Integrity
Weight 13% · 68% confidence
72
+18Exchange rate oracle
+18Rate update mechanism
+18Trust assumption in submissions
+18Limited oracle redundancy
Provenance
Battle-Tested Maturity
Weight 12% · 55% confidence
58
+14Live since December 2023 (29+ months)
+14Growing TVL
+14No exploits
+14Relatively young
Provenance
Governance & Upgradeability
Weight 10% · 58% confidence
52
+13Early-stage governance
+13Team controls operations
+13No meaningful decentralization
+13Foundation structure
Provenance
Adversarial Resilienceredacted
Weight 10% · 65% confidence
70
  • Audited
  • Active bounty
  • C4 competition
  • Young protocol
Provenance
Operational Security
Weight 10% · 60% confidence
54
-46No branch protection detected
+11Active CI/CD (100% success rate)
+11Commit signing: 57% verified
+11Strong PR review culture (100% reviewed)
Provenance
Compositional Risk
Weight 5% · 62% confidence
60
+15EigenLayer dependency
+15rsETH DeFi integration
+15Multiple AVS exposure
+15Restaking composition complexity
Provenance
Cascade Exposure
Weight 5% · 60% confidence
89
+30Appears in 2 cross-protocol cascade chain(s)
+30Member of 2 dependency cluster(s)
+30Source: cross_protocol_composition.json dependency analysis
Provenance
Supply Chain
Weight 4% · 75% confidence
78
+20Standard Solidity
+20OpenZeppelin
+20Verified
+20Moderate deps
Provenance

Top Score Drivers

Dimensions with the greatest marginal impact on BRI.

Access Control
68+32.9 potential
Centralized parameter control
Governance & Upgradeability
52+31 potential
Early-stage governance
Battle-Tested Maturity
58+30.9 potential
Live since December 2023 (29+ months)
Operational Security
54+29.1 potential
No branch protection detected
Economic Soundness
72+20 potential
rsETH liquid restaking model

Adversarial Risk Signals

Publicly verifiable security posture indicators.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2023-12-0110 dimensionsProvenance Ledger
methodology v2.1formula v1.0weights v1.0evidence sha256:sha256:f...

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"kelp-dao"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("kelp-dao")
Reduce exploitable risk

Continuous adversarial analysis, vulnerability detection, and verified reassessment.

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