Kelp (@KelpDAO): Kelp November 2025 recap 🌱
Estimated coin impact
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Kelp November 2025 recap 🌱 ✧ Major launches & product updates ⍛ High Gain (hgETH) held its position as the #1 ETH vault by 90-day performance rate among vaults >$10M TVL outperforming the next best vault by 50%, while delivering 13%+ rewards through market volatility. ⍛ Airdrop Gain (agETH) delivered ~12% weekly rewards with $45M+ TVL via institutional strategies from @k3_capital and @august_digital. ⍛ Stable Gain (sbUSD) maintained ~11% rewards with $8M+ TVL, resilient through depegs and liquidations via @ultrayieldapp’s risk-adjusted reward strategies. ✧ rsETH integrations & milestones ⍛ wrsETH went live on @aave v3 @avax market with a 5k supply cap, filling rapidly post-launch. ⍛ Native rsETH minting/bridging launched on @inkonchain, with integrations on @tydrohq and @VelodromeFi. ⍛ On the Aave v3 @arbitrum market, rsETH hit $183.9M TVL, maxing the 60k ETH supply cap. ⍛ DRIP Epoch 7 deployed with ~2M ARB incentives for ETH strategies. ⍛ rsETH's market cap on Arbitrum reached ~$175M (+450% since the start of DRIP). ✧ Community & events ⍛ @GAmitej joined @croll83 (co-founder, @TacBuild) on a DeFi-ning episode discussing TON, liquidity layers, and LRT evolution. ✧ @kernel_dao ecosystem news ⍛ Co-founder @GAmitej spoke at NextFin NYBW, presenting how Kred is building the Internet of Credit - connecting stablecoin liquidity with real-world short-term credit and bridging DeFi with traditional finance. November was a month of solid execution and steady growth across Kelp & Gain. Stay tuned for what's next!