Info

Name
King Protocol
Symbol
KING
Network
Ethereum
Market Cap
$12M
Total Supply
8,706.60989
Circulating Supply
8,706.60989
Holders
15,479
Volume (24h)
$241K
+28.07%
Trades (24h)
185
-27.73%
Traders (24h)
82
-24.07%

About

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.

FAQ

The market capitalization of KING is $12M as of Oct 7, 2025.

Market capitalization is calculated by multiplying the current price of KING by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of KING is $241K as of Oct 7, 2025.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for KING.

The total supply of KING is 8,706.60989.

The circulating supply, which represents the number of KING currently available in the market, is 8,706.60989 as of Oct 7, 2025.

KING can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.