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How to Stake Rocket Pool ETH
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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
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Sign me upMarket Stats
Market Cap
$779,867,350.44
0.47%
FDV
Not enough data
Circulating Supply
434,172.326 RETH
Max Supply
Not enough data
Total Supply
434,172.326 RETH
Diluted Valuation
$763,957,888.00
Performance
Popularity
Not enough data
Dominance
0.03%
Volume (24H)
$363,420.02
-0.49%
Volume (7D)
$2,546,325.56
Volume (30D)
$3,563,452.98
All time high
$4,768.53
Overall Price Change (1Y)
-0.48%
The price of Rocket Pool ETH has increased by 0.30% in the last hour and increased by 0.65% in the past 24 hours. Rocket Pool ETH’s price has also risen by 2.53% in the past week. The current price is $1,795.78 per RETH with a 24-hour trading volume of $363.42K. Currently, Rocket Pool ETH is valued at 62.34% below its all time high of $4,768.53. 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 434,172.326 RETH which means that Rocket Pool ETH has as total market cap of $779,867,350.44.
RETH vs markets
↘ 56.52%
RETH vs BTC
↘ 60.56%
RETH vs ETH
↗ 1.86%
Tags
eth-staking
liquid-staking-derivatives
rehypothecated-crypto
Network | Address | |
---|---|---|
Ethereum | 0xae78736Cd615f374D3085123A210448E74Fc6393 | |
Optimism | 0x9Bcef72be871e61ED4fBbc7630889beE758eb81D | |
Arbitrum | 0xEC70Dcb4A1EFa46b8F2D97C310C9c4790ba5ffA8 | |
Polygon | 0x0266F4F08D82372CF0FcbCCc0Ff74309089c74d1 |
Time | Price | Change |
---|---|---|
Today | $1,795.78 | ↗ 0.65% |
1 Day | $1,781.86 | ↗ 0.65% |
1 Week | $1,750.58 | ↗ 2.53% |
1 Month | $2,180.38 | ↘ 17.68% |
1 Year | $3,481.43 | ↘ 48.45% |
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 USD currency in real-time. Get the live price of Rocket Pool ETH on Coinbase.
The current market cap of Rocket Pool ETH is $779.87M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Rocket Pool ETH is $4,768.53. 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 $363.42K.
Assets that have a similar market cap to Rocket Pool ETH include Wrapped BNB, xSolvBTC, Kelp DAO Restaked ETH, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Rocket Pool ETH is 434 thousand.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Popularity in posts
#2166
Contributors
4
Posts
10
% About Rocket Pool ETH
0.014%
Hold times
0 days
X (Twitter)
5.26% bullish
Sentiment
3.0 ★
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.
Highlights
4 unique individuals are talking about Rocket Pool ETH and it is ranked #2,166 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rocket Pool ETH has an average sentiment score of 60 out of 5. Finally, Rocket Pool ETH is becoming less newsworthy, with 0 news articles published about Rocket Pool ETH.
On Twitter, people are mostly neutral about Rocket Pool ETH. There were 5.26% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Rocket Pool ETH. 94.74% of tweets were neutral about Rocket Pool ETH. These sentiments are based on 6 tweets.
On Reddit, Rocket Pool ETH was mentioned in 4 Reddit posts and there were 6 comments about Rocket Pool ETH. 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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1 Rocket Pool ETH (RETH) to Real (BRL)
R$10,429.07
1 Rocket Pool ETH (RETH) to Nigerian Naira (NGN)
NGN 2,880,038.14
1 Rocket Pool ETH (RETH) to South Korean Won (KRW)
₩2,550,045.37
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.