Live monitor of the 9 most relevant Ethereum LSTs and LRTs (Liquid Staking/Restaking Tokens). Prices refreshed every minute. Following the Kelp DAO exploit on April 18, 2026 (-22% rsETH depeg), understanding the risk of each staking token has become critical. This page compares 9 tokens across 3 categories: rebasing LSTs, non-rebasing LSTs, and LRTs (restaking).
What are LSTs and LRTs?
LST (Liquid Staking Token): A token representing ETH staked on the network. Since your ETH "sleeps" (32 ETH/validator locked), protocols like Lido or Rocket Pool give you a liquid token in return that you can use in DeFi while earning staking yield (~3% APR).
LRT (Liquid Restaking Token): A token representing an LST that is, in turn, staked on EigenLayer or other networks (AVS — Actively Validated Services). It generates an additional yield of ~2-5% on top of the base staking. However, it adds a layer of risk: if the AVS misbehaves, you could lose additional ETH via slashing.
Why are some LSTs worth more than 1 ETH?
"Non-rebasing" LSTs (rETH, wstETH, cbETH, weETH) accumulate staking yield into their value instead of increasing the token quantity. This is why 1 wstETH ≈ 1.23 ETH (12% accumulated since 2022). This is normal, not a depeg.
"Rebasing" LSTs (stETH) maintain a 1:1 peg with ETH, but the balance in your wallet automatically grows daily. This is why 1 stETH ≈ 1.000 ETH always. DeFi compatibility usually requires the non-rebasing wrapper (wstETH).
The rsETH case of April 18, 2026
On April 18, 2026, an attacker exploited a vulnerability in Kelp DAO's cross-chain bridge on LayerZero. They minted 116,500 fictitious rsETH (-18% of circulating supply) without real backing. The price dropped -22% in hours and contaminated pools on Aave, Curve, and Pendle. Direct losses: ~$292M. Full technical analysis here.
What does each risk level mean?
- 🟢 Low: stETH, rETH, and wstETH — pure ETH staked with years of no material incidents, recent audits, solid models.
- 🟡 Medium: cbETH, mETH, swETH, weETH — newer LSTs/LRTs without extended track records or with historical, non-critical depeg events.
- 🔴 High: ezETH and rsETH — significant historical depegs (>5%) or recent exploits.
Slashing on Ethereum — the smallest risk in DeFi
In 5 years of Ethereum PoS, ~16,000 ETH have been slashed out of 35M staked (~600 validators) = 0.046 % cumulative. Lido suffered ~700 ETH slashed at validator level but 0 to end users (covered by the insurance buffer); Rocket Pool ~15 ETH total. For comparison: DeFi hacks in 2025 wiped out 1.2 % of TVL in a single year (~26× worse than Ethereum's entire slashing history).
For LRTs there is an additional layer: EigenLayer activated slashing in April 2025, with ~$5-8M slashed accumulated over $9.5B restaked (0.06 %) across various AVS. The real risk for ezETH/rsETH/weETH is not slashing — it's bridge or oracle exploits (rsETH case of April 18, 2026 → −22 %). Sources: beaconcha.in, official Lido and EigenLayer dashboards.
Related guides
DeFi Yield Strategies 2026
Lending, staking, and liquidity — risks materialized with real data.
Post-Hacks Bridge Architecture
How the Kelp DAO exploit changed the model of cross-chain bridges.
Bitcoin Wrappers Monitor
Same approach for Bitcoin wrappers (WBTC, tBTC, cbBTC, LBTC).