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Liquid staking · rETH

Rocket Pool ETH (rETH) live price dashboard

rETH should track the asset it stakes, plus the yield it earns. The board shows both prices side by side, so a widening gap is hard to miss.

What is Rocket Pool ETH?

rETH is the liquid staking token of Rocket Pool, a decentralized Ethereum staking protocol live on mainnet since November 2021. It does not rebase. Each rETH is worth a growing amount of ETH as validator rewards come in.

Rocket Pool splits each 32 ETH validator between two sides. A node operator posts a bond and runs the machine. The rest comes from people who deposited ETH and got rETH back. The bond started at 16 ETH, dropped to 8 ETH with the Atlas upgrade in 2023, and fell to 4 ETH when Saturn 1 went live on February 18, 2026. Saturn also added megapools, which put many validators under one contract and cut gas for big operators.

rETH is a plain ERC-20. Your balance never changes. What goes up is the amount of ETH each token redeems for, after the commission node operators keep. That makes it easier to use in DeFi than a rebasing token. Deposits start at 0.01 ETH.

rETH rarely trades exactly at its protocol rate. When the deposit pool is full it can sit at a premium, and when many holders want out at once it slips to a discount until redemptions catch up.

Rocket Pool ETH key facts
SymbolrETH
CategoryLiquid staking
CoinGecko idrocket-pool-eth
Price sources in CashboardCoinGecko
Wallet trackingWatch-only, on Solana or an indexed EVM chain

What do traders watch on rETH?

  • The rETH price on DEXs against the protocol rate. A discount usually means exits are backed up.
  • How fast node operators add 4 ETH validators after the Saturn 1 upgrade.
  • Ethereum staking yield and the length of the validator exit queue.

What should rETH yield be measured against?

Against the protocol staking APR and Lido's stETH APR, which the Ethereum pulse shows side by side. The protocol figure adds issuance, tips and MEV from ultrasound.money, and Lido's is a 7-day average. rETH holders get validator rewards minus the node operators' commission, so rETH should run a little under the protocol figure. Cashboard does not show rETH's own rate.

Where can you read more about Rocket Pool ETH?

Frequently asked questions

How does rETH earn staking rewards?

Through its exchange rate. rETH does not add tokens to your wallet. Each rETH redeems for more ETH over time as Rocket Pool validators earn rewards, minus the commission paid to node operators.

What is the difference between rETH and stETH?

stETH from Lido rebases, so your balance grows every day, while rETH keeps a fixed balance and rises in value against ETH. Rocket Pool validators are run by permissionless node operators who bond their own ETH. Lido relies mostly on a curated set of operators.

Can I track rETH without an account?

Yes. The rETH board on this page runs in your browser and saves on your device. Prices come from CoinGecko. Paste a public Solana or EVM address into a watch-only Portfolio widget if you hold rETH there.

Last reviewed . Market data in Cashboard comes from the providers named on each widget and may be delayed. Nothing here is financial advice.