LRT
What is an LRT (Liquid Restaking Token)?
Liquid Restaking Token. An LST that has been deposited into a restaking protocol, paying staking and restaking rewards but inheriting restaking risks including slashing from multiple AVSs simultaneously. The KelpDAO incident (April 2026, $292M, per Chainalysis and CoinDesk) illustrated how LRT architecture can amplify a single exploit into system-wide losses. See: Gone in 46 Minutes.