rocket-pool
Rocket Pool rETHDeFiBBB+
Rocket Pool · Liquid Staking · Ethereum

Rocket Pool rETH is a liquid staking token on Ethereum representing staked ETH plus accumulated rewards. Yield comes from Ethereum consensus and execution layer staking rewards earned by a permissionless set of node operators. Node operator ETH bonds absorb slashing losses before rETH holders are affected.

AUM
$702m
Net APY
2.22%
Active Users
21k
Type
Liquid Staking
Network
Ethereum
BBB+
Elevated RiskCeiling AA+
AAAAAABBBBBBCCCCCCD
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CurrentPotential

This rating is based solely on publicly available information. DeFi protocol risk assessed across Security, Strategy and Operations on the AAA–D scale. The range from BBB+ to AA+ reflects the gap between the current assessment and the potential rating achievable if all identified improvement areas are addressed.

SCSSmart Contract Security94
KMPKey Management Permissions91
MMarket100
LLiquidity70
CCollateral100
PMProtocol Mechanics100
ICEInfra Counterparty Exposures100
PCEProtocol Counterparty Exposures100
GGovernance100
FRFinancial Resilience87
TLCTeam Legal Compliance100
DTDocumentation Transparency89
Performance
Assets Under Management · 30D 2.98%
$702m
Over the last 30 days, the total value of Rocket Pool rETH has grown 2.98% with $20.32M in inflows.
Net APY · 30D 8.29%
2.22%
Over the last 30 days, the APY has increased from 2.05% to 2.22%.
Active Users · 30D 0.00%
21k
Over the last 30 days, active users have increased by 0.00%, reaching 21.4K wallets.
Market Details
ChainEthereum
Treasury$200.00K
Stated Withdrawal TimeVariable
Component Ratings
Contract Addresses (6)
Smart Contract0xae78...Fc6393
RocketVault0x3bdc...b469d6
RocketStorage0x1d8f...e0Fa46
RocketDAOProtocol0x0429...7dF0e1
RocketDepositPool0x2cac...CFBfb4
RocketMinipoolManager0x6293...A8cF3a
Key Strengths
S1Strongest peg resilience among major liquid staking tokens through multiple market-wide stress events since 2022
S2Repeated audits from top security firms across every major protocol version, with the latest upgrade reviewed by multiple independent auditors
S3Upgrade guardrails introduced in 2026 add a mandatory delay with security council veto and cap how much the exchange rate can move per update
S4Pause powers are scope-limited by design to deposits and oracle submissions, with withdrawals structurally unpausable and no blocklist
Key Risks
R1Incident response policy covers key compromise and signer loss, but the most recent demonstrated exercise predates the last twelve months
R2Deposit pool depletion would leave users dependent on secondary markets, and a bank-run scenario remains untested; guaranteed protocol-level redemption is still only a proposal
R3Protocol treasury is very small and operational costs are not publicly disclosed, so runway cannot be independently verified
R4Role and permission documentation is scattered across governance proposals, forum posts, and docs rather than a single maintained registry

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