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Mantapex
Pell Network
Pell Network
-Restaking
Partial audit
DeFiLlama Restaking·$455.9K TVL·+0.00% 1h·-0.20% 24h·+10.88% 7d·20 chains

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Protocol TVL

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About Pell Network

Pell uses BTC and its LSD to provide actively validated services (AVS) to BTC ecosystem projects, plug the gap in ecosystem security, reduce cost to develop ecosystem applications and optimise yield avenue for BTC holders. Pell aims to become the largest shared liquidity and cryptonomic security layer in the BTC ecosystem across market cycles

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

Security & Audits

Pell Network Timeline

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

  1. May 29, 2024
    Listed on DeFiLlama

Protocol Profile

Pell Network is a Restaking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed across 20 chains, including Binance, Bitlayer, BOB, BSquared and 16 other chains. The codebase has partial audit coverage; review the linked reports before trusting it with large positions.

TVL Distribution by Chain

TVL spans 17 chains across the deployment. See the breakdown below for per-chain values.

Binance
$248.3K(54.5%)
Bitlayer
$100.4K(22.0%)
BOB
$57.9K(12.7%)
BSquared
$10.9K(2.4%)
Ethereum
$10.4K(2.3%)
CORE
$8.7K(1.9%)
IoTeX
$8.2K(1.8%)
Merlin
$3.8K(0.8%)
RSK
$2.3K(0.5%)
Arbitrum
$2K(0.4%)

…and 7 other chains with smaller deployments.

Supported Chains

Binance Bitlayer BOB BSquared Ethereum CORE IoTeX Merlin

Protocol Footprint

Pell Network runs a multi-chain deployment, with smart contracts live on 20 networks. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Official Resources & Links

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

Project Website
pell.network
Twitter / X — @Pell_Network
twitter.com

Other Restaking protocols on Mantapex

Pell Network is one of 7 Restaking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include EigenCloud, Babylon Protocol, Symbiotic, and 3 more. These peer protocols collectively secure $12.9B in deposits, giving you a frame of reference for whether Pell Network's own TVL is at the top, middle, or tail of the category.

EigenCloud
EigenCloud
TVL $10.2B · 24h +0.49%
Babylon Protocol
Babylon Protocol
TVL $1.9B · 24h +0.27%
Symbiotic
Symbiotic
TVL $535.4M · 24h +11.25%
b14g
b14g
TVL $244.4M · 24h +0.12%
OpenGDP Shared Security
OpenGDP Shared Security
TVL $33.3M · 24h -0.24%
Jito Restaking
Jito Restaking
TVL $18.4M · 24h -0.14%
Browse all Restaking protocols on Mantapex

Related protocols

Other DeFi protocols connected to Pell Network by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.

Risk Warning

DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.

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