KEEP Network

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

KEEP Network's governance or utility token carries a market capitalisation of 18,5 M US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (18,5 M US$) above the protocol's on-chain TVL (990,5 mil US$) — a mcap/TVL multiple of 18.63× implies investors are paying for expected future fee flows rather than current deposits alone. A further 459 mil US$ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

KEEP Network is a Cross Chain Bridge protocol that moves assets and messages between blockchains, locking value on the source chain and minting or releasing a representation on the destination. It is deployed on Ethereum. The codebase has been independently audited (1 report on file).

KEEP Network is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Ethereum-staking, staking), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (Chronicle); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (18,5 M US$) currently exceeds total value locked (990,5 mil US$) — a mcap/TVL ratio of 18.63 suggests the market is pricing in more growth than current deposits support.

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

KEEP Network is one of 7 Cross Chain Bridge protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Stargate V2, Hyperlane, NEAR Intents, and 3 more. These peer protocols collectively secure 342,7 M US$ in deposits, giving you a frame of reference for whether KEEP Network's own TVL is at the top, middle, or tail of the category.

Stargate V2

TVL 112,4 M US$ · 24h -2.70%

Hyperlane

TVL 110,4 M US$ · 24h +1.97%

NEAR Intents

TVL 58,4 M US$ · 24h -0.88%

Across

TVL 33,1 M US$ · 24h +0.04%

Synapse

TVL 17,3 M US$ · 24h +0.02%

Stargate V1

TVL 11,1 M US$ · 24h +0.40%