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How to Stake Rocket Pool ETH
You can earn rewards for Rocket Pool ETH through DeFi yield. DeFi yield lets eligible customers earn yield by lending their crypto to third-party DeFi protocols.
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Rocket Pool ETH (RETH) is not tradable on Coinbase.
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Rocket Pool ETH is on the decline this week. ↘
The price of Rocket Pool ETH has decreased by 0.35% in the last hour and decreased by 1.50% in the past 24 hours. Rocket Pool ETH’s price has also fallen by 3.87% in the past week. The current price is $3,651.33 per RETH with a 24-hour trading volume of $2.99M. Currently, Rocket Pool ETH is valued at 23.43% 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 464,262.664 RETH which means that Rocket Pool ETH has as total market cap of 464,262.664.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
$1.7B
$3.0M
464.3K RETH
$4,768.53
↘ 0.35%
↘ 1.5%
↘ 3.87%
↘ 3.15%
↘ 0.23%
↗ 51.56%
↗ 50.45%
↘ 32.9%
↘ 44.41%
↘ 0.14%
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 $1.70B. 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 $2.99M.
Assets that have a similar market cap to Rocket Pool ETH include Render, Sei, The Graph, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Rocket Pool ETH is 464 thousand.
Date | Price | Change |
---|---|---|
Today (January 22, 2025) | $3,651.33 | -1.45% |
24 hours ago (January 21, 2025) | $3,704.47 | -1.50% |
1 week ago (January 15, 2025) | $3,799.34 | -3.87% |
1 month ago (December 22, 2024) | $3,669.82 | -0.23% |
1 year ago | $2,426.71 | 51.56% |
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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.
1 Rocket Pool ETH (RETH) to Real (BRL)
R$21,691.72
1 Rocket Pool ETH (RETH) to Nigerian Naira (NGN)
NGN 5,685,126.08
1 Rocket Pool ETH (RETH) to South Korean Won (KRW)
₩5,244,949.80
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