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Scores/Kelp DAO

Kelp DAO

DAMASCUS

Liquid Restaking · Ethereum · $1B+ TVL · 10 contracts

Confidence 50%Z-Factor 0.58Updated 2026-05-17Public Score

Public risk assessment — scores are produced with the same methodology as monitored protocols

758
BRI Score
3004756508251000

Security Profile

Access Ctrl
68
Economic
72
Oracle
72
Compos.
60
Govern.
52
Maturity
58
Resilience
70
Supply Ch.
78
OpSec
54
Cascade
89
Min
52
Avg
67
Max
89

Audit History

Sigma Prime
2024-01
Code4rena
2024-03

Bug Bounty Program

$100,000
Max payout on Immunefi
View Program →

Assessment

Liquid restaking protocol with rsETH token. 29+ months live with no exploits but limited battle-testing. Deep EigenLayer dependency and early governance centralization. Growing TVL but young protocol.

Dimension Breakdown

How scores work →
Access Control
Weight 18%65% conf
68
Moderate
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+17Admin controls for deposits/withdrawals
+17Operator permissions
+17Multisig for emergency
+17Centralized parameter control
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Economic Soundness
Weight 13%68% conf
72
Good
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+18rsETH liquid restaking model
+18EigenLayer rewards pass-through
+18Fee structure transparent
+18Withdrawal queue implementation
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Oracle Integrity
Weight 13%68% conf
72
Good
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+18Exchange rate oracle
+18Rate update mechanism
+18Trust assumption in submissions
+18Limited oracle redundancy
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Battle-Tested Maturity
Weight 12%55% conf
58
Moderate
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+19Live since December 2023 (29+ months)
+19Growing TVL
-42No exploits
+19Relatively young
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Governance & Upgradeability
Weight 10%58% conf
52
Concerning
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+17Early-stage governance
+17Team controls operations
-48No meaningful decentralization
+17Foundation structure
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Adversarial Resiliencelock
Weight 10%65% conf
70
Good
  • Audited
  • Active bounty
  • C4 competition
  • Young protocol
Operational Security
Weight 10%60% conf
54
Concerning
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-12No branch protection detected
+14Active CI/CD (100% success rate)
+14Commit signing: 57% verified
+14Strong PR review culture (100% reviewed)
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Compositional Risk
Weight 5%62% conf
60
Moderate
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+15EigenLayer dependency
+15rsETH DeFi integration
+15Multiple AVS exposure
+15Restaking composition complexity
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Cascade Exposure
Weight 5%60% conf
89
Strong
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+30Appears in 2 cross-protocol cascade chain(s)
+30Member of 2 dependency cluster(s)
-11Score: 89/100 (higher = more isolated from systemic risk)
+30Source: cross_protocol_composition.json dependency analysis
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Supply Chain
Weight 4%75% conf
78
Good
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+20Standard Solidity
+20OpenZeppelin
+20Verified
+20Moderate deps
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Risk Drivers

Primary risk factors driving this score, ordered by severity.

Governance & Upgradeability52
Operational Security54
Battle-Tested Maturity58

Adversarial Risk Signals

Observable security posture indicators. These signals reflect publicly verifiable information and responsible disclosure outcomes. No specific vulnerability details are exposed.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2023-12-01Z-Factor 0.58010 active dimensionsreceipt_longProvenance Ledger

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"kelp-dao"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("kelp-dao")

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