Stakers deposit funds into Rocket Pool and receive a return on investment in the form of staking rewards (supply-side fees).

Rocket Pool is a non-custodial staking protocol built on Ethereum. Rocket Pool was founded by David Rugendyke and launched in 2021.

RKT token holders own and govern the protocol. They currently take a cut of the total return on investment (revenue).

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Rocket Pool

# Rocket Pool Treasury Methodology

## 1. Overview

This metric measures Rocket Pool's total treasury value by tracking the USD value of all tokens held across the protocol's treasury addresses on Ethereum and Optimism. The calculation aggregates token balances from multiple known treasury addresses and converts them to USD using end-of-day price feeds to provide a comprehensive view of the protocol's financial reserves.

## 2. Data sources

- **ERC20 token Transfer events**: Parsed `Transfer` events from Ethereum and Optimism to track token movements into and out of treasury addresses
- **Transaction data**: Ethereum and Optimism transaction traces to provide context for token transfers and balance changes
- **External data**: End-of-day token price feeds for USD conversion and token metadata for decimal precision and symbol information
- **Treasury addresses**: Predefined list of known Rocket Pool treasury addresses on both Ethereum and Optimism networks

## 3. Step-by-step calculation

### Component A: Token balance tracking
- **Purpose**: Track token balance changes for all treasury addresses across time
- **Logic**: Extract all token `Transfer` events where the sender or recipient is one of the configured treasury addresses. For Ethereum, monitor addresses `0xb867ea3bbc909954d737019fef5ab25dfdb38cb9` and `0x6efd08303f42edb68f2d6464bcdca0824e1c813a`. For Optimism, monitor address `0x2319d8e71268ff128e3a9cfa0e62d32596d4dc02`. Calculate net balance changes by treating transfers into treasury addresses as positive changes and transfers out as negative changes. Group results by timestamp, chain, account address, and token address to create a time series of balance changes for each token at each treasury address.
- **Key fields**: `timestamp`, `chain_id`, `account_address`, `token_address`, `balance` change amount, `token_symbol`

### Component B: Cumulative balance calculation  
- **Purpose**: Convert balance changes into running cumulative balances over time
- **Logic**: For each combination of treasury address and token, calculate the cumulative sum of balance changes ordered by timestamp. This transforms individual transfer events into a time series showing the total token balance held at each point in time. Use window functions partitioned by timestamp grain, chain, account address, and token address to maintain separate running totals for each token at each address.
- **Key fields**: Cumulative `balance` representing total tokens held at each timestamp

### Component C: Data completeness handling
- **Purpose**: Fill gaps in the time series to ensure complete daily coverage
- **Logic**: Apply forward-filling logic to carry the last known balance forward for days when no transactions occurred. This ensures every day has a balance value for each token-address combination, using the most recent known balance when no changes occurred. Handle cases where tokens may have zero balances or be completely absent from certain time periods.
- **Key fields**: Forward-filled `balance` values ensuring complete daily time series

### Component D: USD conversion
- **Purpose**: Convert token balances to USD values using market prices
- **Logic**: Join the token balance data with end-of-day price feeds, matching on timestamp, chain, and token address. Multiply each token balance by its corresponding USD price to get the USD value of holdings. Filter out zero balances and ensure price data uses daily grain timestamps. Handle cases where price data may be missing for certain tokens by excluding those entries from the final calculation.
- **Key fields**: `amount` representing USD value of token holdings calculated as balance multiplied by `price_usd`

### Final aggregation  
- **Combining components**: Sum all USD values across all tokens and all treasury addresses to produce a single treasury value per day per chain
- **Currency conversion**: Uses end-of-day price feeds with daily timestamp grain for consistent valuation
- **Time aggregation**: Maintains daily granularity with proper timestamp boundaries
- **Final calculation**: The total treasury value equals the sum of all token USD values across all monitored treasury addresses, providing a comprehensive measure of Rocket Pool's total financial reserves held in treasury accounts

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Total value of a project's onchain treasury, including its native token.

Rocket PoolRPL

Treasury

Treasury

Competitive landscape

Chain breakdown