Restaking protocols can distribute rewards in any ERC-20 token. However, users typically receive fractional amounts of these rewards, making them inconvenient to claim or trade. This situation can lead to a frustrating user experience, with poor returns for restakers, low token utilization, and increased selling pressure on reward tokens.
King Protocol (formerly known as LRT²) offers a solution through a unified restaking reward. KING represents a share of a vault full of restaking rewards. LRTs deposit restaking rewards into the vault and then mint and distribute KING to their restakers.
This streamlined system significantly reduces transaction costs and improves the efficiency of restaking reward distribution. It is particularly beneficial for small stakers, who might otherwise find managing and trading fractional rewards challenging. For larger stakeholders, the ability to redeem or arbitrage the vault share tokens creates an active market, helping to stabilize the King token price and drive liquidity.
King Protocol (KING) is currently trading at $226.86, up 0% over the last 24 hours, with a 24-hour trading volume of $9.403.
The highest USD price recorded for King Protocol (KING) is $1,492.94, reached on Oct 6, 2025.
The KING price shown on this page is the most recent USD price OpenSea has recorded for King Protocol, updated as new market data is processed. Fully diluted valuation (FDV) is that price multiplied by the total supply of 5.81K KING, so it reflects every token that exists rather than only the tokens in circulation.
King Protocol (KING) has a market capitalization of $1.3M. The fully diluted valuation (FDV) is $1.3M, based on the total supply of tokens.
The 24-hour trading volume of King Protocol (KING) is $9.403, reflecting active market participation and liquidity.
The total supply of King Protocol is 5.81K KING on the Ethereum network.
King Protocol (KING) is available on the Ethereum blockchain. You can trade KING on OpenSea by connecting a wallet that supports the Ethereum network.
King Protocol (KING) is currently held by 16.9K wallet addresses, indicating the breadth of community participation and distribution.
You can buy King Protocol (KING) directly on OpenSea. Simply connect your crypto wallet, search for KING, and swap any supported token to acquire KING instantly. OpenSea supports trading across multiple blockchains with no account registration required.
1. Connect your crypto wallet to OpenSea. 2. Search for King Protocol (KING) or visit opensea.io/token/king. 3. Select your preferred swap token and confirm the transaction.
