Dunes

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

Deposited assets (LSTs, LRTs, stables, Pendle tokens, Karak tokens, etc.) in deposit pools

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Jun 3, 2024
   Auf DeFiLlama gelistet

Dunes is a Liquid Restaking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed on Ethereum.

Dunes is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices.

Verified external resources for Dunes — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Dunes is one of 7 Liquid Restaking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include ether.fi Stake, Kelp, Renzo, and 3 more. These peer protocols collectively secure 8,2 Mrd. $ in deposits, giving you a frame of reference for whether Dunes's own TVL is at the top, middle, or tail of the category.

ether.fi Stake

TVL 6,1 Mrd. $ · 24h +0.64%

Kelp

TVL 1,4 Mrd. $ · 24h +0.12%

Renzo

TVL 428,5 Mio. $ · 24h +1.56%

Mantle Restaking

TVL 177,7 Mio. $ · 24h +0.04%

Puffer Stake

TVL 69,3 Mio. $ · 24h -0.28%

Mellow Restaking

TVL 57,3 Mio. $ · 24h -0.08%