Rocket Pool ETH token
Overview
Rocket Pool ETH (rETH) is a liquid staking derivative token issued by the Rocket Pool protocol on Ethereum. It represents a user's deposited ETH that is staked to secure the network, allowing holders to earn staking rewards while retaining the ability to trade or use rETH in DeFi applications. rETH appreciates in value relative to ETH as rewards accumulate.
Within the DeFi Intel graph, Rocket Pool ETH connects to 2 tracked entities, most strongly to Ethereum, Rocket Pool.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
supports_token | Rocket Pool | 95% |
Frequently asked questions
What is Rocket Pool ETH (rETH)?
Rocket Pool ETH (rETH) is a liquid staking derivative token issued by the Rocket Pool protocol on Ethereum. It represents a user's deposited ETH that is staked to secure the network, allowing holders to earn staking rewards while retaining the ability to trade or use rETH in DeFi applications.
What chain is rETH deployed on?
rETH is deployed on the Ethereum blockchain.
How does rETH's value change relative to ETH?
rETH appreciates in value relative to ETH as staking rewards accumulate.