About Rocket Pool
RPL is the ERC-20 utility token of Rocket Pool, a liquid staking protocol on the Ethereum blockchain. RPL tokens are used to govern the PDAO and can be staked by node operators.
Buy Rocket PoolTrading Insights
Buyer Ratio
Traders
33
-44.07%
Buyers
22
-45%
Sellers
11
-47.62%
Searched
80
Market Stats
Market Cap
£100.21M
0.27%
FDV
£100.21M
Circ. Supply
22M RPL
Max Supply
Not enough data
Total Supply
22M RPL
Total Value Locked
£2.12B
Diluted Valuation
£100.26M
Performance
Popularity
#304
Dominance
0%
Volume (24H)
£4.36M
-28.58%
Volume (7D)
£42.25M
Volume (30D)
£135.08M
All time high
£47.72
Price Change (1Y)
-45.48%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Rocket Pool has decreased by 0.16% in the last hour and decreased by 0.80% in the past 24 hours. Rocket Pool’s price has also fallen by 10.50% in the past week. The current price is £4.59 per RPL with a 24-hour trading volume of £4.36M. Currently, Rocket Pool is valued at 90.39% below its all time high of £47.72. This all-time high was the highest price paid for Rocket Pool since its launch.
The current circulating supply of Rocket Pool is 21,707,238.694 RPL which means that Rocket Pool has as total market cap of £100,213,031.85.
Market details
RPL vs markets
↘ 70.69%
RPL vs BTC
↘ 70.04%
RPL vs ETH
↘ 68.6%
Tags
defi
liquid-staking-derivatives
binance-listing
Network & Addresses
Network | Address | |
---|---|---|
Base | 0x1f73EAf55d696BFFA9b0EA16fa987B93b0f4d302 | |
Ethereum | 0xD33526068D116cE69F19A9ee46F0bd304F21A51f | |
Solana | HUCyuyqESEUV4YWTKFvvB4JiQLqoovscTBpRXfGzW4Wx | |
Polygon | 0x7205705771547cF79201111B4bd8aaF29467b9eC |
Price history
Time | Price | Change |
---|---|---|
Today | £4.59 | ↗ 0.08% |
1 Day | £4.62 | ↘ 0.80% |
1 Week | £5.09 | ↘ 10.50% |
1 Month | £5.47 | ↘ 15.98% |
1 Year | £8.51 | ↘ 45.48% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Rocket Pool (RPL) is a decentralized Ethereum staking pool that strives to provide a platform for ETH staking. It offers a unique approach to staking, allowing users to join the network with a decentralized node operator network or run their own nodes with only 16 ETH. Rocket Pool provides liquid staking, which means users participate in an increasing exchange rate rather than adding to their initial staked collateral. It also offers smart nodes, a custom node software that allows anyone to run a node on its network. This system is supported by the pool’s open-source and audited smart contracts, which aim to ensure fully non-custodial staking and a high degree of decentralization.
Rocket Pool operates on the principle of trustless staking of ETH to a network of decentralized autonomous nodes, underpinned by RPL collateral. It offers two ways of interaction: through rETH and Node Staking. rETH is a tokenized version of the staked ETH in Rocket Pool, which allows stakers to engage from 0.01 ETH to up to 32 ETH. By staking their Ether, users receive rETH in return, which automatically reflects the performance of the entire network of node operators. Node Staking, on the other hand, allows users to deposit 16 ETH and stake an additional 16 ETH on behalf of the protocol. Rocket Pool automatically adjusts its commission rate based on the supply and demand of node operators and available ETH.
Rocket Pool aims to make ETH2 staking accessible to anyone, regardless of their capital or level of technological sophistication. It can be used by individuals who want to participate in Ethereum staking but lack the technical skills or financial capacity to run a node or own 32 ETH. It can also be used by staking-as-a-service providers who aim to participate in the network by joining Rocket Pool and running a node. Furthermore, Rocket Pool's rETH token can be used by those who want to stake their Ether and participate in the performance of the entire network of node operators.
Rocket Pool was conceived in late 2016 by David Rugendyke, a senior developer with a computer science background. He was supported by General Manager Darren Langley, an executive with over 18 years of commercial experience in managing and mentoring development teams, designing application architecture, and delivering digital products for government and financial services. The team also includes three blockchain and Solidity engineers with a combined 40 years of experience. Rocket Pool has been live since October 2021 and has been successfully audited by three separate firms: Sigma Prime, Consensys Diligence, and Trail of Bits. It also runs a bug bounty program to improve the protocol's security.
We update our Rocket Pool to GBP currency in real-time. Get the live price of Rocket Pool on Coinbase.
The current market cap of Rocket Pool is £100.21M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Rocket Pool is £47.72. This all-time high is highest price paid for Rocket Pool since it was launched.
Over the last 24 hours, the trading volume of Rocket Pool is £4.36M.
Assets that have a similar market cap to Rocket Pool include Venom, Polymesh, BitMart Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Rocket Pool is 22 million.
Rocket Pool ranks 311 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 95% of Coinbase users are buying Rocket Pool. In other words, 95% of Coinbase customers have increased their net position in Rocket Pool over the past 24 hours through trading.
Yes, Rocket Pool is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Rocket Pool guide.
Rocket Pool news
Social stats
Popularity in posts
#4059
Contributors
4
Posts
31
% About Rocket Pool
0.002%
Hold times
0 days
X (Twitter)
54.17% bullish
Sentiment
5.0 ★
Highlights
4 unique individuals are talking about Rocket Pool and it is ranked #4,059 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rocket Pool has an average sentiment score of 100 out of 5. Finally, Rocket Pool is becoming less newsworthy, with 0 news articles published about Rocket Pool.
On Twitter, people are mostly bullish about Rocket Pool. There were 54.17% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Rocket Pool. 45.83% of tweets were neutral about Rocket Pool. These sentiments are based on 31 tweets.
On Reddit, Rocket Pool was mentioned in 0 Reddit posts and there were 0 comments about Rocket Pool. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.