Yet the market cap? Just $30M.
Meet $KERNEL — one of the most overlooked giants in crypto.
Its TVL-to-Market Cap ratio: 64x
(Compare that to Babylon: 15x, EigenLayer: 30x, EtherFi: 34x)
And now @kernel_dao is diving into Real World Assets with stablecoin vaults.
(Ondo did the same — now worth $9B.)
The gap is massive.
The upside? Even bigger.
Some disconnects don’t last long.
When they snap into place, they explode.
#Kernel #ETH #TVL #RWA #BinanceNews #DeFi #CryptoGems #Altcoins