rocket-pool
Rocket Pool rETHDeFiBB+
Rocket Pool · Liquid Staking · Arbitrum

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, distributed across a permissionless set of 4,000+ node operators whose ETH bonds absorb slashing losses before rETH holders.

AUM
$704m
Net APY
2.14%
Active Users
21k
Type
Liquid Staking
Network
Arbitrum
BB+
Elevated RiskCeiling AA+
AAAAAABBBBBBCCCCCCD
SCSKMPMLCPMICEPCEGFRTLCDT
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 BB+ to AA+ reflects the gap between the current assessment and the potential rating achievable if all identified improvement areas are addressed.

SCSSmart Contract Security86
KMPKey Management Permissions78
MMarket87
LLiquidity70
CCollateral100
PMProtocol Mechanics100
ICEInfra Counterparty Exposures100
PCEProtocol Counterparty Exposures100
GGovernance100
FRFinancial Resilience87
TLCTeam Legal Compliance81
DTDocumentation Transparency89
Performance
Assets Under Management · 30D 4.22%
$704m
Over the last 30 days, the total value of Rocket Pool rETH has grown 4.22% with $28.54M in inflows.
Net APY · 30D 6.47%
2.14%
Over the last 30 days, the APY has increased from 2.01% to 2.14%.
Active Users · 30D 0.00%
21k
Over the last 30 days, active users have increased by 0.00%, reaching 21.4K wallets.
Market Details
Component Ratings
Contract Addresses
Smart Contract0xae78...Fc6393
RocketVault0x3bdc...b469d6
RocketStorage0x1d8f...e0Fa46
RocketDAOProtocol0x0429...7dF0e1
RocketDepositPool0x2cac...CFBfb4
RocketMinipoolManager0x6293...A8cF3a
Key Strengths
S1Battle-tested peg resilience, maintaining the tightest peg among major liquid staking tokens through multiple market-wide stress events.
S2Extensive audit coverage from top firms across every protocol version, including the latest Saturn I upgrade.
S3Strong upgrade guardrails added with the Saturn I upgrade, including a mandatory one-week upgrade delay with security council veto and an automatic cap on rETH exchange-rate changes.
S4Node operator bonds act as a structural first-loss buffer, absorbing slashing penalties before any impact to rETH holders.
Key Risks
R1No verified third-party real-time security monitoring provider has been publicly confirmed for the protocol.
R2No published incident response playbook for admin-key compromise or signer loss; only a high-level governance charter exists.
R3Deposit pool depletion can leave users dependent on secondary market liquidity, and the protocol remains untested under a bank-run scenario, though a forced-exit redemption mechanism is proposed.
R4A very small protocol treasury with operational costs undisclosed, providing limited operational buffer.

Get the full picture today

Request the full rating report and gain access to unparalleled rating data & information.

Institutional-Grade Research Delivered to Your Inbox

In-Depth Research ReportsIn-depth analysis on staking protocols and yield strategies
Risk Assessment ReportsComprehensive risk evaluations for capital allocators
Exclusive Events & Market IntelligenceEarly access to Digital Asset Yield Summit, and more

Join 12,000 institutional allocators worldwide. No spam, unsubscribe anytime.

Institutional Research Reports