Karak
Staking · Restaking · KARAK
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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Latest data · 15 min delay
Risks identified
- Smart Contract
Karak's restaking, slashing, and withdrawal logic is complex; the July 2024 Code4rena audit found 4 High and 5 Medium severity issues, including a slashing bug that could permanently lock user ETH when all vault shares were burned during withdrawal.
- Governance
The protocol's slashing mechanism allows a privileged owner/controller to penalize stakers by reducing staked assets, concentrating power that could be misused or misconfigured.
- Systemic
Restaking rehypothecates the same capital across multiple DSSs (leverage is possible), so a correlated slashing event or cascade across DSSs could compound losses across the shared security pool.
- Collateral
Karak accepts a broad basket of multi-asset collateral (ETH, LSTs, LRTs, stablecoins). Volatility, depeg, or failure of any accepted asset backing a DSS can reduce the effective economic security provided.
- Counterparty
Stakers must delegate to operators who choose which DSSs to secure and can be slashed; a malfunctioning, malicious, or under-provisioned operator exposes delegated stakers to loss.