Kelp’s Liquid repurposing token rETH has now officially gone live on the Mantle Network, marking significant progress toward spreading the use of repurposing token $ETH across chains. The launch offers new users credit, lending and liquidity prospects in the growing decentralized financial infrastructure in Mantle.
rsETH is now live on @Mantle_Official 🌱
Our LRT expands into Mantle’s growing DeFi ecosystem, with exciting opportunities in lending and liquidity.
🧵pic.twitter.com/KoJS4sPNzd
— Kelp (@KelpDAO) February 19, 2026
Kelp DAO, the developers of rsETH, announced the launch and identified Mantle as one of the key expansion markets. By bringing rsETH to Mantle, users will have the opportunity to explore more strategies in both the credit markets and decentralized exchanges, while remaining exposed to the rewards of Ethereum.
Mantle positions itself as a distribution layer between conventional financing and on-chain liquidity. The inclusion of rsETH is consistent with that view, as these types of yield-bearing assets would increase the capital efficiency of DeFi protocols.
Aave v3 launches on Mantle with wrsETH support
Aave v3 is now live on Mantle, including packaged rsETH (wrsETH), making it a supported collateral in the ecosystem and a significant improvement to the ecosystem. This will allow users to deposit, borrow, or loop wrsETH to potentially increase returns.
The wrsETH is available on Aave v3 and the application of the asset is no longer limited to holding. Users now have access to the liquidity of the reinvested shares $ETH positions without sell-offs. This is the main feature of the popularity of liquid asset withdrawals, which allows capital to be productive at different levels of DeFi.
To encourage early response, higher rewards will be given on the wrsETH offering before March 18. The short-term campaign is intended to raise liquidity and further exploit the new market. Nevertheless, participants are informed that the rewards are not guaranteed and that the risk assessment is mandatory.
Merchant Moe adds wrsETH trading and liquidity
Aave’s deployment was accompanied by the introduction of wrsETH to trade and provide liquidity through Mantle’s native Merchant Moe, the native decentralized exchange. The listing allows users to provide liquidity with wrsETH and receive trading fees and maintain exposure.
According to Merchant Moe, the integration sparked a broader DeFi wave on Mantle. The DEX will become a central asset and a trading and liquidity venue in the ecosystem, bringing new assets into the ecosystem.
The wrsETH integration with the DeFi stack at Mantle will allow users to smoothly transition between credit markets and decentralized currency liquidity pools. This interconnected infrastructure facilitates higher sophistication of return strategies and overall capital efficiency of the network.
Native Minting and Bridging via Kelp dApp
Creating or bridging rSETH can be done directly on Mantle by users using the Kelp dApp. This simplified access is less burdensome for those looking to redeploy $ETH to Mantel-based protocols.
The growth can be seen as indicative of a larger plan to expand rsETH to additional chains and integrate it with various protocols. In this way, Kelp seeks to improve the utility, liquidity depth, and composability of its liquid withdrawal token.
Cross-chain availability is very important in driving adoption as retake remains a dynamic part of the Ethereum ecosystem. The integration of Mantle is a new step that will help rsETH expand its reach and improve its presence in the multichain DeFi.
Expanding the recovery tool in DeFi
The joint deployment of Aave v3 and Merchant Moe is an indicator of a joint effort to increase the liquidity of DeFi on Mantle. The users now have several options to implement wrsETH through borrowing, borrowing, looping and liquidity provision.