​KernelDAO (KERNEL) is a decentralized restaking protocol designed to enhance yield and security for staked assets across multiple blockchain networks. It was launched in April 2025 and offers users the facility to restake assets like ETH, BTC, and BNB to earn additional rewards.​ The network is powered by its native token, KERNEL.

KernelDAO (KERNEL) was co-founded by Amitej Gajjala and Dheeraj Borra. 

• KERNEL token: At the heart of the KernelDAO ecosystem lies the KERNEL token, which powers the platform. It maintains network security through staking and also enables governance. 

• Multi-chain restaking protocol: KernelDAO enables users to restake assets such as ETH, BNB, and BTC across multiple chains and services, enhancing capital efficiency and network security.

• Unified ecosystem: KernelDAO features three core products, Kernel, Kelp, and Gain. These products create a unified ecosystem for efficient and secure restaking.

• Strong VC backing: KernelDAO has attracted strong support from prominent investors, including Binance Labs, Laser Digital (Nomura Group), SCB Limited, Hypersphere Ventures, and Bankless Ventures.

KernelDAO (KERNEL), with its innovative reward distribution model and emphasis on active participation, encourages user engagement and long-term ecosystem growth. As of 22 April 2025, KERNEL ranks #615 in the overall crypto ranking, with a market cap of $33.24M. It holds an all-time high of $0.48 and is backed by prominent investors like Binance Labs and Nomura’s Laser Digital. KERNEL is still nascent, and many anticipate the token to have an upward trajectory in the coming years, making it a promising crypto. 

You can buy KERNEL from crypto platforms like CoinSwitch.

• KERNEL can be bought and traded on crypto platforms like CoinSwitch. 

• It facilitates transactions on the KernelDAO platform.

• Token holders can participate in governance and partake in the platform’s decision-making process.

• Holders can earn a portion of the protocol’s rewards, encouraging engagement.

• The KERNEL token has multiple utilities, such as governance and staking.

• KernelDAO operates as a fully decentralized autonomous organization.

• Active participants in the ecosystem can earn a share of protocol-generated rewards.

• KERNEL is subject to market volatility like all cryptos.

• As a relatively new project, KernelDAO may face difficulty in gaining widespread adoption.

• KernelDAO’s success depends on the expansion and active engagement of its community and ecosystem partners.

• Start investing in KERNEL with just ₹100.

• CoinSwitch provides a seamless and intuitive trading experience for users.

• Easily manage your transactions and portfolio on the app.

​KernelDAO (KERNEL) held its Initial Coin Offering (ICO) on April 14, 2025, as part of the Binance Megadrop program. The token launch garnered significant attention, with early investors including Binance Labs, Laser Digital (Nomura Group), SCB Limited, Hypersphere Ventures, and Bankless Ventures. The strategic funding round successfully raised $10 million, underscoring strong institutional interest in KernelDAO.​