Overview of ETH Restaking on Kraken

Last updated: October 21, 2026

EigenLayer has ended EIGEN rewards for restaked ETH, so ETH Restaking no longer earns extra rewards. Kraken is retiring the ETH Restaking strategy and automatically moving restaked ETH into bonded ETH staking.

What this means for you

  • No action is needed. The migration is automatic, and there is no opt-out.

  • You’ll earn the bonded ETH rate, with no gap in rewards.

  • Any unclaimed EIGEN rewards will be claimed.

  • Bonded ETH staking removes the additional smart contract risk from EigenLayer and EigenLayer’s extra 7-day unbonding period. Standard ETH staking queues still apply when you unstake.

When the migration happens

  • Australia and the UAE: October 21, 2026

  • All other regions: Date to be confirmed

We’ll email you once your ETH has been moved.

ETH Restaking, powered by EigenLayer, allowed you to extend cryptoeconomic security to additional applications on the EigenLayer protocol and earn greater rewards on your staked ether (ETH).

To unstake your restaked ETH, follow these guides: