#AirdropStepByStep KernelDAO (KERNEL) is a restaking protocol launched in April 2025, designed to enhance decentralized security infrastructure across multiple blockchains, including Ethereum and BNB Chain. It allows users to restake assets like BNB and BTC, offering increased rewards and security through its core products: Kernel, Kelp (a liquid restaking token), and Gain (a tokenized rewards program)
Upon its debut, KERNEL was listed on major exchanges such as Binance, Bybit, and KuCoin, achieving over $500 million in trading volume within the first 24 hours citeturn0search12. However, the token experienced significant volatility, with its price dropping over 40% shortly after launch, trading around $0.19 as of April 18, 2025 . Analysts suggest that the price movement may be forming a 'cup and handle' pattern, indicating a potential bullish breakout
Despite the price fluctuations, KernelDAO's Total Value Locked (TVL) remains robust, exceeding $2 billion across more than 10 blockchains The protocol's innovative approach to restaking and its expanding ecosystem position it as a notable player in the