Karak is a multi-asset restaking network with its own L2 (Karak K2). Beyond ETH restaking, Karak accepts LSTs, stablecoins, BTC-LSTs, and other assets as collateral for securing Distributed Secure Services (DSSes). Backed by Andrew Kang and the Kelp DAO team.
What Karak is
Karak differs from EigenLayer by supporting a broader collateral set — not just ETH and LSTs, but stablecoins, wBTC, LRTs, and others. This wider collateral base broadens the potential DSS ecosystem.
K2 chain
Karak launched its own L2 (K2) as a home for Karak-native applications. Growing ecosystem of DSS-secured services deploying to K2.
Verdict
Karak is EigenLayer's multi-asset alternative. Backed by strong operators + own L2 = a real ecosystem play worth watching. Growing steadily in 2026.