KernelDAO ($KERNEL ) Analysis

KernelDAO is a restaking / shared-security ecosystem that lets users reuse staked assets (ETH, BNB, BTC and yield-bearing derivatives) to secure additional protocols and earn layered rewards via products such as Kernel, Kelp and Gain. The project has integrated into the restaking stack and reports multi-chain TVL measured in the low billions, positioning it as one of the largest restaking aggregators.

2) What it does (core products & value prop)

Restaking / shared security — allows users to “restake” or attach staked assets to multiple protocols (via EigenLayer-style primitives and chain integrations), increasing capital efficiency and reward generation vs single-stake approaches. This is the project’s primary technical thesis.

Kelp & Gain — product lines that target different assets and user needs (e.g., liquid restake vaults and strategy vaults that aggregate yield and compound rewards). These are the UX-facing ways retail & institutions deploy assets into Kernel’s restaking stacks.

Tokenomics / market stats (snapshot)

Ticker: KERNEL.

Max supply: 1,000,000,000 KERNEL (commonly reported).

Circulating supply: ~222.67M KERNEL (≈22% of max supply).

Market cap / price: market cap and price vary by exchange; as of recent trackers the market cap is in the tens of millions USD and price ~$0.16–$0.20 (check live price feeds for exact current rate).

Team & governance

Founders / leadership: public sources name Amitej Gajjala among co-founders (background includes Stader Labs and DeFi/staking experience); other core members are referenced across their Gitbook, LinkedIn and analyst reports. The team mixes staking/validator experience with DeFi product backgrounds.

Governance: KernelDAO uses its token and DAO structures for ecosystem decisions; specifics on on-chain governance mechanics are in the litepaper / governance docs. Review the governance docs for proposals, timelocks, and token-holder voting power details if governance participation matters to you.