What are liquid restaking protocols (lrts)?
Liquid restaking protocols (LRTs) build on EigenLayer to let users earn Ethereum staking rewards PLUS additional rewards from securing Actively Validated Services (AVSs). Leaders include ether.fi Stake (largest LRT by TVL), Kelp DAO, and Renzo.
Top-scored liquid restaking protocols (lrts) in July 2026
The three highest-scoring liquid restaking protocols (lrts) on our composite methodology this month:
Users needing maximum liquidity depth for institutional-scale positions.
2. Renzo — 7.80/10
Cross-chain DeFi users who want the same protocol accessible from many networks.
3. Kelp — 6.50/10
Users needing maximum liquidity depth for institutional-scale positions.
How to choose the right liquid restaking protocol
LRTs are a young category (all launched 2023-2024). For maximum size + accepted DeFi collateral, ether.fi is the current TVL leader. For diversified LRT baskets, Kelp DAO aggregates positions across multiple AVSs. Before choosing, size exposure to what you can afford to lose.
What can go wrong
LRTs stack risks: Ethereum consensus risk + LST protocol risk + EigenLayer restaking contract risk + AVS-specific slashing risk. Most protocols launched 2023-2024 — no LRT has yet operated through a full stress cycle. Category-wide caution is warranted; treat as higher-risk yield rather than a safe base position.
How we score liquid restaking protocols (lrts)
Liquid restaking protocols are scored on five criteria from DefiLlama's public API — TVL, protocol age, chain coverage, category leadership, and 7-day momentum. No affiliate arrangement influences the ranking.
The criteria
TVL (weight: 35%)
Percentile vs top-10 in category. Source: DefiLlama /protocols.
Battle-tested (weight: 20%)
Years since major-version deployment. Source: DefiLlama + editorial lookup.
Chain coverage (weight: 15%)
Number of chains deployed. Source: DefiLlama /protocols.
Category leadership (weight: 20%)
Rank within category by TVL. Source: DefiLlama /protocols.
Momentum (weight: 10%)
7-day TVL change bucketed. Source: DefiLlama /protocols.
Update cadence
Auto-refreshed monthly. Restaking is a young category — expect the ranking to shift as protocols mature.
Related rankings on Crypto Compass News