Rocket Pool

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL represents the total ETH from the minipools

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Rocket Pool's governance or utility token carries a market capitalisation of $45.3M based on circulating supply at the latest DeFiLlama snapshot. The token's market cap ($45.3M) is small relative to deposits secured by the protocol ($1.3B); a mcap/TVL multiple of 0.03× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token. A further $21.2M sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

1. Nov 24, 2021
   Listed on DeFiLlama

Rocket Pool is a Liquid Staking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed on Ethereum. The codebase has been independently audited (4 reports on file).

Rocket Pool is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Ethereum-staking, staking), so a fault on any one of them would affect a large slice of users. 4 public audit reports are linked from DeFiLlama, which is on the higher end of transparency for the DeFi sector — most protocols of comparable TVL publish far fewer. Its token market cap ($45.3M) is small relative to TVL ($1.3B) — a mcap/TVL ratio of 0.03 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for Rocket Pool — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Rocket Pool is one of 7 Liquid Staking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Lido, Binance staked ETH, DoubleZero Staked SOL, and 3 more. These peer protocols collectively secure $34.7B in deposits, giving you a frame of reference for whether Rocket Pool's own TVL is at the top, middle, or tail of the category.

Lido

TVL $21.4B · 24h -0.07%

Binance staked ETH

TVL $8.6B · 24h +0.81%

DoubleZero Staked SOL

TVL $1.3B · 24h -0.46%

Sanctum Validator LSTs

TVL $1.2B · 24h +0.03%

Jito Liquid Staking

TVL $1.2B · 24h +0.03%

Binance Staked SOL

TVL $994.3M · 24h +0.82%