LRT2

LRT2 King Protocol

Price of 1 King Protocol today (1 August)

$ 795.74

-10.68%

Price of King Protocol (LRT2)

Market Cap

$ 10M

-16%

#1699

Trading Volume, 24h

$ 87.1K

+154%

Dominance

0.00025%

In circulation LRT2

12,616.11

Price Min/Max

24 hrs

$ 1.1k

30 days

$ 733.97

$ 1.12k

1 year

$ 404.03

$ 3.39k

LRT2 Sectors:

King Protocol does not belong to any sector.

Exchanges where LRT2 is traded

	Exchange	Pair	Price	Volume, 24h
1	Uniswap V3 (Ethereum)	LRT2/WETH	$ 784.6 WETH 0.2169	$ 87,065	Go
2	Aerodrome (Base)	LRT2/WETH--16	$ 785.85 WETH--16 0.2143	$ 1,768	Go
3	Velodrome Finance V2 (Swellchain)	LRT2/0X42000	$ 805.37 0X42000 0.2212	$ 885	Go

Show All ➙

Today King Protocol (LRT2) traded on Uniswap (v3), Aerodrome (Base), and Velodrome Finance V2 (Swellchain). The maximum trading volume is observed for the trading pair LRT2/WETH and reaches 87.1 ths. dollars (97% of the total volume across all exchanges). During the week, the minimum price for King Protocol (LRT2) is fixed on Friday at 796.25 dollars. Currently, the token King Protocol is trading in the range of 795.74 dollars or 0.0174 kopecks for 1 LRT2.

Calculator LRT2

LRT2

USDT

1 LRT2 = 795.74 USD

Full version

What is King Protocol?

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.

How to add King Protocol to Metamask?

To add LRT2 to the metamask you need:

In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
Copy the smart contract address for King Protocol from the list below.
Paste into the "Smart Contract Address" field.
Click the "Add Custom Token" button.

The LRT2 is available on the 4 blockchain networks. Below is a list of King Protocol smartcontract addresses to add to the metamask: