Rocket Pool

RPL Price

What is Rocket Pool?

Rocket Pool is a decentralized liquid staking protocol that allows users to earn rewards on their ETH holdings. It provides a decentralized node operator network, enabling users to either join the network or run their own nodes with a minimum of 16 ETH. The platform also introduces the concept of liquid staking, where users benefit from an increasing exchange rate rather than adding to their initial staked collateral. Additionally, Rocket Pool offers smart nodes, which are a custom node software that allows anyone to run a node on its network, thereby democratizing the staking process. It was founded by David Rugendyke, a senior developer with a computer science background, in late 2016

What makes Rocket Pool unique?

Rocket Pool allows any ETH holders to earn a yield through protocol staking without the need to run their own node. Unlike Ethereum’s native system, which requires a minimum of 32 ETH for staking, Rocket Pool has no such limit, allowing individuals to stake any amount. This inclusivity is further enhanced by its rETH token, a tokenized version of staked ETH in Rocket Pool. This token enables users to stake as little as 0.01 ETH and as much as 32 ETH. The rETH accrues staking rewards based on the performance of the entire network of node operators, with its value protected against slashing through insurance mechanisms. Rocket Pool node operators can develop minipools for higher ETH staking rewards, adding another layer to the platform's functionality.

Rocket Pool is also heavily compared against its biggest competitor, Lido. Rocket Pool focuses on decentralization and trustlessness where node operators can join the staking network freely. Whereas Lido relies on a permissioned set of validators.

Where can you buy Rocket Pool?

RPL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Rocket Pool is Binance, where the most active trading pair RPL/USDT has a trading volume of $401,674.81 in the last 24 hours. Other popular options include Gate and CoinW.

What is the daily trading volume of Rocket Pool (RPL)?

The trading volume of Rocket Pool (RPL) is $1,551,908.67 in the last 24 hours, representing a -9.90% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Rocket Pool (RPL)?

Rocket Pool (RPL) reached an all-time high of $61.90 and an all-time low of $0.008847. It’s now trading -96.90% below that peak and 21,593.30% above its lowest price.

What is the market cap of Rocket Pool (RPL)?

Market capitalization of Rocket Pool (RPL) is $43,907,993 and is ranked #538 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of RPL tokens (23 Million tokens are tradable on the market today).

What is the fully diluted valuation of Rocket Pool (RPL)?

The fully diluted valuation (FDV) of Rocket Pool (RPL) is $43,907,993. This is a statistical representation of the maximum market cap, assuming the maximum number of 23 Million RPL tokens are in circulation today. Depending on how the emission schedule of RPL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Rocket Pool compare against its peers?

With a price decline of -10.80% in the last 7 days, Rocket Pool (RPL) is underperforming the global cryptocurrency market which is down -0.30%, while underperforming when compared to similar Smart Contract Platform cryptocurrencies which are down -0.10%.

How to add Rocket Pool (RPL) to MetaMask?

Adding Rocket Pool (RPL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import RPL as a token. You can copy RPL’s contract address (0xd33526068d116ce69f19a9ee46f0bd304f21a51f) and import it manually, or if you've installed MetaMask's chrome extension, add RPL to MetaMask with one click on CoinGecko.

Add RPL to MetaMask.