Kyros

Rejected venues wait the longest for re-review; a rejection has to earn another look before the scheduled date.

Kyros is a liquid restaking protocol on Solana built on Jito restaking. Its kySOL token bundles staking, MEV, and restaking rewards into one asset. At the August 14, 2026 survey it held $8.8M across 2 pools, far below our $100M materiality line. A position sized for an advised sleeve would be a large share of a venue that small, which is its own exit risk. Rejected on size: one practice advising 100 households moves $1M to $8M into a venue on the same research, and below $100M TVL that book becomes the exit crush, whatever the protocol’s quality. The file reopens if the protocol crosses the threshold and holds there.

Kill criteria: the events that revoke this verdict
• TVL sustained above $100M for 30 days

The research file

Applicability to the surveyed record

Kyros is a Solana liquid-restaking protocol built on Jito Restaking. Users deposit SOL or JitoSOL for kySOL, a vault receipt token that combines JitoSOL staking and MEV exposure with additional rewards from delegated Node Consensus Networks; Kyros manages minting, burning and the VRT delegation strategy.

Current observation and perimeter

The DefiLlama API read on 2026-08-15 classified Kyros as liquid restaking on Solana and reported approximately $8.77M TVL plus about $153,000 tagged as staking. The single-chain record remains far below the shared v1 $100M threshold.

Control and exit applicability

Kyros selects and enforces delegation across Jito Node Consensus Networks, while the underlying framework permits custom operator, reassignment and slashing rules. Standard kySOL exit converts to JitoSOL after waiting one Solana epoch, approximately two and a half days; instant exit instead depends on secondary-market depth and executable pricing.

Why the class rule decides

The shared v1 below-materiality dossier controls. Reopen after TVL sustains at least $100M for 30 days, then verify kySOL and JitoSOL backing, exchange-rate and reward history, NCN and operator selection and concentration, governance and upgrades, commissions, audits and incidents, slashing and loss allocation, epoch and secondary exits, and named Solana staking and restaking alternatives.

Sources

The claims above trace to these. Where a number could not be independently verified, the thesis says so.

• Kyros — protocol overview · primary · accessed 2026-08-15
  Supports: Solana liquid restaking, Jito Restaking, VRT mint and burn, NCN delegation strategy
• Kyros — kySOL mechanics · primary · accessed 2026-08-15
  Supports: SOL and JitoSOL deposit, kySOL receipt, staking and MEV rewards, restaking rewards, DeFi use
• Kyros — kySOL unstaking · primary · accessed 2026-08-15
  Supports: standard exit, one-epoch cooldown, JitoSOL claim, secondary-market exit
• DefiLlama — Kyros survey record · secondary · accessed 2026-08-15
  Supports: current TVL, staking value, Solana, liquid-restaking category

Inherited controls

The verdict above grades the protocol layer. Every position also inherits the asset it holds and the chain it settles on. The least safe layer sets the position’s grade, and the position table names which one that is.