revenue growth declining multiple
Revenue growth and a declining revenue multiple create a research question
Current streak: 2 snapshots · triggered 2/6 observed snapshots
kernel · coingecko:kernel-2
Revenue growth and a declining revenue multiple create a research question
Current streak: 2 snapshots · triggered 2/6 observed snapshots
Activity grew while market capitalization stayed within the configured band
Current streak: 1 snapshot · triggered 1/6 observed snapshots
The valuation multiple differs materially from the eligible peer median
Current streak: 2 snapshots · triggered 2/6 observed snapshots
Total supply is high relative to circulating supply
Current streak: 6 snapshots · triggered 6/6 observed snapshots
| Metric | Period | Value | Observed |
|---|---|---|---|
| fees | 24h | $39,618.00 | 2026-10-18T04:35:58.074Z |
| fees | 30d | $2.17M | 2026-10-18T04:35:58.074Z |
| fees | 7d | $495,545.00 | 2026-10-18T04:35:58.074Z |
| fees | daily | $44,009.00 | 2026-10-11T00:00:00.000Z |
| holders revenue | 24h | $0.00 | 2026-10-18T04:36:12.168Z |
| holders revenue | 30d | $0.00 | 2026-10-18T04:36:12.168Z |
| holders revenue | 7d | $0.00 | 2026-10-18T04:36:12.168Z |
| holders revenue | daily | $0.00 | 2026-10-11T00:00:00.000Z |
| revenue | 24h | $1,980.00 | 2026-10-18T04:36:00.033Z |
| revenue | 30d | $105,206.00 | 2026-10-18T04:36:00.033Z |
| revenue | 7d | $24,775.00 | 2026-10-18T04:36:00.033Z |
| revenue | daily | $2,201.00 | 2026-10-11T00:00:00.000Z |
| tvl | point in time | $973.69M | 2026-10-18T04:35:46.584Z |
| Metric | Window | Change | Boundary |
|---|---|---|---|
| fees usd:24h | 7d | -9.98% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:30d | 7d | -2.52% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:7d | 7d | -5.82% | 2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z |
| fees usd:daily | 7d | -5.26% | 2026-10-04T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| market cap usd:point in time | 7d | -16.68% | 2026-10-11T04:03:56.000Z → 2026-10-18T03:59:51.000Z |
| revenue usd:24h | 7d | -10.04% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:30d | 7d | -0.04% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:7d | 7d | -5.84% | 2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z |
| revenue usd:daily | 7d | -5.25% | 2026-10-04T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| tvl usd:point in time | 7d | -5.79% | 2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z |
| fees usd:daily | 30d | 428.32% | 2026-09-11T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| market cap usd:point in time | 30d | 4.37% | 2026-09-18T00:00:00.000Z → 2026-10-18T03:59:51.000Z |
| revenue usd:daily | 30d | 486.93% | 2026-09-11T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| tvl usd:point in time | 30d | -7.25% | 2026-09-18T00:00:00.000Z → 2026-10-18T04:35:46.584Z |
| fees usd:daily | 90d | -75.82% | 2026-07-13T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| market cap usd:point in time | 90d | 22.86% | 2026-07-20T00:00:00.000Z → 2026-10-18T03:59:51.000Z |
| revenue usd:daily | 90d | -72.91% | 2026-07-13T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| tvl usd:point in time | 90d | 2.75% | 2026-07-20T00:00:00.000Z → 2026-10-18T04:35:46.584Z |
| fees usd:daily | 180d | -50.24% | 2026-04-14T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| market cap usd:point in time | 180d | -28.73% | 2026-04-21T00:00:00.000Z → 2026-10-18T03:59:51.000Z |
| revenue usd:daily | 180d | -43.88% | 2026-04-14T00:00:00.000Z → 2026-10-11T00:00:00.000Z |
| tvl usd:point in time | 180d | -37.97% | 2026-04-21T00:00:00.000Z → 2026-10-18T04:35:46.584Z |
Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.
Open AI research briefRevenue growth and a declining revenue multiple create a research question
Limits: Revenue multiple uses 24-hour revenue annualized consistently at both endpoints
{
"inputs": {
"revenue": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "ef6b83f5-9f29-411b-a246-ee3ccf0c8ede:3946:revenue:1789689600",
"at": "2026-09-18T00:00:00.000Z",
"value": 389
},
"end": {
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:15764",
"at": "2026-10-18T04:36:00.033Z",
"value": 1980
},
"percent": 408.9974293059126,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"marketCap": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:kernel-2:1789689600000",
"at": "2026-09-18T00:00:00.000Z",
"value": 11509184.00576813
},
"end": {
"id": "ccd4247e-2e4f-4bb6-9d14-0cf345583e2b",
"at": "2026-10-18T03:59:51.000Z",
"value": 12012699
},
"percent": 4.374897420872936,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"startMultiple": 29586.5912744682,
"endMultiple": 6067.019696969697,
"multipleChange": -79.49402267842444
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Activity grew while market capitalization stayed within the configured band
{
"inputs": {
"activity": {
"metric": "fees_usd",
"result": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "ef6b83f5-9f29-411b-a246-ee3ccf0c8ede:3946:fees:1789689600",
"at": "2026-09-18T00:00:00.000Z",
"value": 8634
},
"end": {
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:7946",
"at": "2026-10-18T04:35:58.074Z",
"value": 39618
},
"percent": 358.86031966643503,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"marketCap": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:coingecko:kernel-2:1789689600000",
"at": "2026-09-18T00:00:00.000Z",
"value": 11509184.00576813
},
"end": {
"id": "ccd4247e-2e4f-4bb6-9d14-0cf345583e2b",
"at": "2026-10-18T03:59:51.000Z",
"value": 12012699
},
"percent": 4.374897420872936,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"activityChangePercent": 358.86031966643503,
"marketCapChangePercent": 4.374897420872936
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Starting value is zero; percentage change is undefined
Limits: Requires holders revenue and fees at both boundaries
{
"inputs": {},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}The valuation multiple differs materially from the eligible peer median
Limits: A difference is not evidence of mispricing; protocol economics may not be comparable
{
"inputs": {
"currentCap": 12012699,
"latestRevenue": 1980,
"peerMedian": 39.57062354650812
},
"calculation": {
"annualizedRevenueMultiple": 16.621971772519718,
"peerMultipleRatio": 0.420058373681769
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Eligible, but deterioration threshold was not met
{
"inputs": {
"fees": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "ef6b83f5-9f29-411b-a246-ee3ccf0c8ede:3946:fees:1789689600",
"at": "2026-09-18T00:00:00.000Z",
"value": 8634
},
"end": {
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:7946",
"at": "2026-10-18T04:35:58.074Z",
"value": 39618
},
"percent": 358.86031966643503,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"revenue": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "ef6b83f5-9f29-411b-a246-ee3ccf0c8ede:3946:revenue:1789689600",
"at": "2026-09-18T00:00:00.000Z",
"value": 389
},
"end": {
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:15764",
"at": "2026-10-18T04:36:00.033Z",
"value": 1980
},
"percent": 408.9974293059126,
"definition": "(end - start) / abs(start) * 100 over 30 days"
},
"tvl": {
"status": "calculated",
"windowDays": 30,
"start": {
"id": "2a37cfec-5ab5-4fcd-b3e0-a72b0501b58e:5244:tvl:1789689600+ef6b83f5-9f29-411b-a246-ee3ccf0c8ede:3946:tvl:1789689600",
"at": "2026-09-18T00:00:00.000Z",
"value": 1076749778
},
"end": {
"id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:464+ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:68",
"at": "2026-10-18T04:35:46.584Z",
"value": 998664351.5247563
},
"percent": -7.25195658923495,
"definition": "(end - start) / abs(start) * 100 over 30 days"
}
},
"calculation": {
"worstChangePercent": -7.25195658923495
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}Total supply is high relative to circulating supply
Limits: Supply fields are provider-reported and do not describe unlock timing
{
"inputs": {
"circulatingSupply": 288668020,
"totalSupply": 1000000000
},
"calculation": {
"totalToCirculatingRatio": 3.4641869923796893
},
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}No provider identity conflict detected
{
"inputs": {
"identityConflict": false
},
"calculation": null,
"evaluatedAt": "2026-10-18T04:35:46.584Z"
}[
{
"assetId": "coingecko:kernel-2",
"kind": "sector",
"value": "other",
"status": "classified",
"reason": "Canonical mapping from DeFiLlama category Onchain Capital Allocator",
"sourceProvider": "defillama",
"sourceRecord": "5244",
"observedAt": "2026-10-18T04:35:46.584Z"
},
{
"assetId": "coingecko:kernel-2",
"kind": "asset_type",
"value": "protocol_token",
"status": "classified",
"reason": "Canonical type mapping from DeFiLlama category Onchain Capital Allocator",
"sourceProvider": "defillama",
"sourceRecord": "5244",
"observedAt": "2026-10-18T04:35:46.584Z"
}
][
{
"assetId": "coingecko:kernel-2",
"protocolId": "3946",
"protocolSlug": "kelp",
"method": "chain_contract",
"evidence": "DeFiLlama address=0x3f80b1c54ae920be41a77f8b902259d48cf24ccf; CoinGecko platforms.ethereum=0x3f80b1c54ae920be41a77f8b902259d48cf24ccf",
"status": "verified_provider_relationship"
},
{
"assetId": "coingecko:kernel-2",
"protocolId": "5244",
"protocolSlug": "gain",
"method": "chain_contract",
"evidence": "DeFiLlama address=0x3f80b1c54ae920be41a77f8b902259d48cf24ccf; CoinGecko platforms.ethereum=0x3f80b1c54ae920be41a77f8b902259d48cf24ccf",
"status": "verified_provider_relationship"
}
][
{
"assetId": "coingecko:kernel-2",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "analyzable",
"method": "global",
"reason": "At least one deterministic screening method is eligible"
},
{
"assetId": "coingecko:kernel-2",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "excluded_from_method",
"method": "improving_tokenholder_value_capture",
"reason": "Starting value is zero; percentage change is undefined"
},
{
"assetId": "coingecko:kernel-2",
"observedAt": "2026-10-18T04:35:46.584Z",
"status": "requires_manual_investigation",
"method": "global",
"reason": "At least one deterministic research signal triggered"
}
][]
[
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:66",
"protocolId": "3946",
"metric": "tvl_usd",
"period": "point_in_time",
"observedAt": "2026-09-22T21:51:30.762Z",
"value": 1180906410.2110984,
"unit": "USD",
"definition": "DeFiLlama protocol TVL at collection time",
"sourceUrl": "https://api.llama.fi/protocols",
"methodology": null
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:8573",
"protocolId": "3946",
"metric": "fees_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 51835,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:8574",
"protocolId": "3946",
"metric": "fees_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 538850,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:8575",
"protocolId": "3946",
"metric": "fees_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:32.324Z",
"value": 2502106,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:15578",
"protocolId": "3946",
"metric": "revenue_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 2324,
"unit": "USD",
"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:15579",
"protocolId": "3946",
"metric": "revenue_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 24239,
"unit": "USD",
"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:15580",
"protocolId": "3946",
"metric": "revenue_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:34.223Z",
"value": 108174,
"unit": "USD",
"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:21428",
"protocolId": "3946",
"metric": "holders_revenue_usd",
"period": "24h",
"observedAt": "2026-09-22T21:51:36.166Z",
"value": 0,
"unit": "USD",
"definition": "DeFiLlama holders_revenue_usd; definition is protocol-adapter specific and was not supplied",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:21429",
"protocolId": "3946",
"metric": "holders_revenue_usd",
"period": "7d",
"observedAt": "2026-09-22T21:51:36.166Z",
"value": 0,
"unit": "USD",
"definition": "DeFiLlama holders_revenue_usd; definition is protocol-adapter specific and was not supplied",
"sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
"methodology": {
"Fees": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"SupplySideRevenue": "All staking rewards are distributed to stakers (rsETH holders) after protocol fees are deducted.",
"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
},
{
"id": "28ba3c2c-c546-48fa-b174-122aa3718807:21430",
"protocolId": "3946",
"metric": "holders_revenue_usd",
"period": "30d",
"observedAt": "2026-09-22T21:51:36.166Z",
"value": 0,
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"value": 0,
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"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyHoldersRevenue",
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"value": 0,
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"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyHoldersRevenue",
"methodology": {
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"value": 0,
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{
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{
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{
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
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"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
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"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
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"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
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"value": 0,
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"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyHoldersRevenue",
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"value": 0,
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"definition": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
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{
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"metric": "fees_usd",
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"observedAt": "2025-09-26T00:00:00.000Z",
"value": 102100,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyFees",
"methodology": {
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"observedAt": "2025-10-30T00:00:00.000Z",
"value": 86617,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyFees",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"value": 71940,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"observedAt": "2025-11-24T00:00:00.000Z",
"value": 200720,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
}
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{
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"metric": "fees_usd",
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"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"value": 26058,
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
"period": "daily",
"observedAt": "2025-12-31T00:00:00.000Z",
"value": 71733,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyFees",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"value": 378955,
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyHoldersRevenue",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"value": 155922,
"unit": "USD",
"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyFees",
"methodology": {
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"value": 113577,
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"observedAt": "2025-11-17T00:00:00.000Z",
"value": 78599,
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"metric": "fees_usd",
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"value": 65421,
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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{
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"Revenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta).",
"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"definition": "Sum of total staking rewards from rsETH (ETH staking rewards + EIGEN rewards), agETH management fees, and hgETH management/performance fees.",
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"ProtocolRevenue": "Protocol fees from rsETH (on-chain protocol fee on staking rewards), agETH management fees (2%), hgETH management fees (1.5%), and hgETH performance fees (20% of positive rate delta)."
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"sourceUrl": "https://api.llama.fi/summary/fees/kelp?dataType=dailyRevenue",
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