About Rocket Pool ETH
Rocket Pool is a next generation decentralised staking pool protocol for Ethereum. Rocket Pool ETH (rETH) is the Rocket Pool protocol's liquid staking token. The rETH token represents an amount of ETH that is being staked and earning rewards within Ethereum Proof-of-Stake. As Rocket Pool node operators, stake Ethereum on Proof-of-Stake the resulting rewards increase the value of rETH relative to ETH. Rocket Pool's liquid staking token allows holders to benefit from the returns of the Ethereum Proof-of-Stake. More information on Rocket Pool and rETH can be found at
Trading Insights
Traders
780
Searched
14
Market Stats
Market Cap
£1.22B
6.85%
FDV
£1.22B
Circ. Supply
419K RETH
Max Supply
Not enough data
Total Supply
419K RETH
Performance
Popularity
Not enough data
Dominance
0.04%
Volume (24H)
£30.11K
-66.33%
Volume (7D)
£4.21M
Volume (30D)
£24.16M
All time high
£3.56K
Price Change (1Y)
1.7%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Rocket Pool ETH has decreased by 0.05% in the last hour and increased by 8.44% in the past 24 hours. Rocket Pool ETH’s price has also risen by 23.22% in the past week. The current price is £2,909.92 per RETH with a 24-hour trading volume of £30.11K. Currently, Rocket Pool ETH is valued at 18.17% below its all time high of £3,555.93. This all-time high was the highest price paid for Rocket Pool ETH since its launch.
The current circulating supply of Rocket Pool ETH is 419,244.608 RETH which means that Rocket Pool ETH has as total market cap of £1,221,716,600.69.
Market details
RETH vs markets
↘ 37.46%
RETH vs BTC
↘ 45.11%
RETH vs ETH
↗ 2.02%
Tags
defi
eth-staking
liquid-staking-derivatives
rehypothecated-crypto
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xae78736Cd615f374D3085123A210448E74Fc6393 | |
Optimism | 0x9Bcef72be871e61ED4fBbc7630889beE758eb81D | |
Arbitrum | 0xEC70Dcb4A1EFa46b8F2D97C310C9c4790ba5ffA8 | |
Polygon | 0x0266F4F08D82372CF0FcbCCc0Ff74309089c74d1 |
Price history
Time | Price | Change |
|---|---|---|
Today | £2,909.92 | ↗ 7.44% |
1 Day | £2,714.66 | ↗ 8.44% |
1 Week | £2,336.54 | ↗ 23.22% |
1 Month | £2,118.77 | ↗ 36.12% |
1 Year | £2,959.72 | ↗ 1.70% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Rocket Pool ETH is a unique decentralizedstaking pool protocol on Ethereum. Rocket Pool aims to implement the core ethos of DeFi and Ethereum, specifically the non-custodial, trustless nature that supports self-sovereignty. According to the whitepaper, the community-owned Rocket Pool is based on the PoS (Proof of Stake) algorithm, wherein users can participate by tokenized staking or by running a node in the protocol. Operators need to stake 16 ETH to run a node and earn commissions and rewards thereon. Further, users can stake their ETH tokens on the Rocket Pool network to earn rETH tokens automatically. The rewards will be gained over time, regardless of whether their ETH tokens are traded, sold, or held; rewards are automatic from the moment they deposit ETH for staking in the liquidity pool.
The RocketPool network aims to solve the issue of entry barriers for staking in Ethereum 2.0 for individuals, groups, and businesses. The network claims to support stakers of all shapes and sizes via the Rocket Pool ETH platform.
In addition, the objective behind the Rocket Pool protocol is to ensure that the network is not in the control of any one individual. The protocol operates as a DAO (Decentralized Autonomous Organization), where the governance is distributed among the users of the network. RPL is the native governance token of the RocketPool network, and users need to hold the tokens to cast their votes on any important decisions.
The Rocket Pool network offers two types of tokens to its users, rETH, and RPL. rETH is a staking token that users will instantly receive for their staking while RPL is the governance token of the Rocket Pool network.
David Rugendykeis is the founder and CTO who started designing the Rocket Pool network in late 2016. Other team members include Darren Langley (General Manager), Kane Wallmann (Senior Solidity Engineer), Nick Doherty, and Joe Clapis (Senior Blockchain Engineers).
We update our Rocket Pool ETH to GBP currency in real-time. Get the live price of Rocket Pool ETH on Coinbase.
The current market cap of Rocket Pool ETH is £1.22B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Rocket Pool ETH is £3,555.93. This all-time high is highest price paid for Rocket Pool ETH since it was launched.
Over the last 24 hours, the trading volume of Rocket Pool ETH is £30.11K.
Assets that have a similar market cap to Rocket Pool ETH include BounceBit BTC, Lombard Staked BTC, Binance Staked SOL, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Rocket Pool ETH is 419 thousand.
Rocket Pool ETH calculator
1 Rocket Pool ETH (RETH) to Real (BRL)
R$21,740.52
1 Rocket Pool ETH (RETH) to Nigerian Naira (NGN)
NGN 5,971,246.62
1 Rocket Pool ETH (RETH) to South Korean Won (KRW)
₩5,431,847.46
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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.
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