Karak

Staking · Restaking · KARAK

NetworkStakingRestakingMulti-AssetMulti-Chain0 coinsVerified

Karak is a restaking layer that accepts a broad range of assets across multiple chains to secure Distributed Secure Services (DSS). DeFiLlama has no live adapter as of 2026-06-25, so metrics are curated until resolved.

Multi-asset, multi-chain restaking.

Total staked

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Research

Components, facts, FAQ, timeline, and tokenomics in one place

Main components (4)

Karak Restaking Protocol

A universal, asset- and chain-agnostic restaking layer. Users (stakers) deposit assets such as ETH, liquid staking tokens (LSTs), liquid restaking tokens (LRTs), and stablecoins into operator vaults to provide shared economic security. Karak introduces multi-asset restaking so a DSS can be secured by a basket of assets rather than a single one.

Distributed Secure Services (DSS)

A DSS is a web service built on the Karak Restaking Protocol that leases pooled economic security from restaked assets. Any infrastructure platform, oracle network, cross-chain bridge, or data-availability layer can register as a DSS; operators allocate restaked vaults to a DSS, perform tasks for rewards, and can be slashed for misbehavior.

K2

A risk-management L2 built on top of Karak that leverages services provided by DSSs. K2 serves as the de facto sandbox for DSSs to develop, test, and launch mission-critical protocol upgrades before enshrining services on L1, avoiding prohibitively expensive L1 operations.

Operators and Vaults

Operators run infrastructure and choose which DSSs to allocate funds to; each asset accepted by an operator has a separate vault. Stakers deposit into these vaults and receive shares proportional to their deposit relative to total vault assets.

Differentiator

Broad multi-asset, multi-chain collateral support with its own DSS framework and the K2 testnet sandbox.

Organizational structure

Units & roles

Andalusia Labs
The company behind Karak, alongside the Subsea risk-management marketplace and the Watchtower institutional platform. Raised a $48M Series A in December 2023 at a >$1B valuation and opened a global HQ in Abu Dhabi.
Developer / parent company

Investment rounds

Date	Round	Amount	Investors	Link
2023-12-13	Series A	$48M	Lightspeed Venture PartnersMubadala CapitalPantera CapitalFramework VenturesBain Capital VenturesDigital Currency Group	Source

Similarity to traditional finance products

How Karak maps onto established TradFi structures, and where it diverges.

TradFi product	Similarity to Karak	Key differences
Reinsurance / shared collateral pools	Like reinsurance, Karak lets a common pool of capital (restaked assets) underwrite the security of many independent services (DSSs) simultaneously, spreading economic backing across participants.	Karak's guarantees are enforced on-chain via slashing of staked crypto assets rather than legal contracts; capital is programmable, permissionless to supply, and multi-asset rather than fiat-denominated reserves.