rETH: redemption value, spread and APY
rETH is Rocket Pool's liquid-staking token for staked ETH. ArbScreener compares what rETH costs on a DEX with the ETH it redeems for on-chain, and shows the gap as a spread and an APY — priced in ETH, not USD.
Redemption at a glance
| Chain | Redeems into | Redeem time | Token address |
|---|---|---|---|
| Ethereum | ETH | Instant | 0xae78736Cd615f374D3085123A210448E74Fc6393 |
Verify any address against the protocol's own documentation before using it.
Live status
| Chain | Spread | APY | Redeem time | Enter | Exit |
|---|---|---|---|---|---|
| Ethereum | n/a | n/a | n/a | n/a | n/a no reliable quote right now |
As of 20:37 UTC (4 min ago); refreshed while the board is in use. A positive spread means redeeming returns more than buying costs. Gross estimates, not advice. The exact size of each verdict, a quote at your own position size and Telegram alerts are on Pro.
How ArbScreener prices rETH
rETH can be burned for ETH instantly when the deposit pool holds enough ETH; its value comes from getEthValue on the rETH contract. If the pool cannot cover the amount, the row is marked non-actionable.
The redemption spread is what redeeming returns minus what buying costs on a DEX, as a fraction of the cost, at a standard quote size and net of the protocol's fee. The APY annualizes that spread over the redeem wait (counted as at least one day), so a discount that takes weeks to collect ranks below the same discount collected today. Everything is in ETH, never USD.
The board's full method is in the Ethereum LSTs guide.
Official links
- Mint / stake: https://stake.rocketpool.net/liquid-staking/stake
- Redeem: https://stake.rocketpool.net/liquid-staking/unstake
Questions
What is rETH?
rETH is Rocket Pool's liquid-staking token for staked ETH.
How does ArbScreener value rETH?
rETH can be burned for ETH instantly when the deposit pool holds enough ETH; its value comes from getEthValue on the rETH contract. If the pool cannot cover the amount, the row is marked non-actionable.
How long does it take to redeem rETH?
Ethereum: instant. The wait is priced into the APY, so a slow redemption needs a bigger discount to rank high.
What does the rETH redemption spread mean?
The redemption spread is what redeeming returns minus what buying costs on a DEX, as a fraction of the cost, at a standard quote size and net of the protocol's fee. The APY annualizes that spread over the redeem wait (counted as at least one day), so a discount that takes weeks to collect ranks below the same discount collected today. Everything is in ETH, never USD.
Risks
These are gross estimates for research, not financial advice. They do not include gas, bridge fees, slippage beyond the quote, or smart-contract and depeg risk, and a redemption value can move during the wait. ArbScreener is read-only and never signs, routes or custodies anything. See the Terms of Service.
Other tokens on this board
stETH · wstETH · weETH · ezETH · rsETH · oETH · superOETHb · frxETH · all tracked tokens