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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Liquid staking

Rocket Pool

# Rocket Pool Total value locked Methodology

## 1. Overview

RocketPool TVL (Total Value Locked) measures the total value of ETH staked through the RocketPool liquid staking protocol. The metric is calculated by tracking the number of active minipools in the RocketPool protocol and multiplying by the standard 32 ETH stake amount per minipool, then converting to USD. This represents the total value of assets locked in the protocol for Ethereum 2.0 staking.

## 2. Data sources

- **RocketPool protocol state data**: Active minipool counts tracked by the RocketPool protocol, representing validator nodes that are currently active in Ethereum 2.0 staking
- **End-of-day price feeds**: ETH to USD exchange rates for currency conversion
- **Token metadata**: ETH token information including the WETH contract address (`0xc02aaa39b223fe8d0a0e5c4f27ead9083c756cc2`)

## 3. Step-by-step calculation

### Component A: Active minipool tracking
- **Purpose**: Identify the number of active minipools in the RocketPool protocol
- **Logic**: Extract active minipool counts from RocketPool protocol state data. The data contains a JSON field `acticve_minipool_amount` that stores the current count of active minipools. Filter out any records where the minipool count cannot be parsed or is null.
- **Key fields**: `acticve_minipool_amount` (JSON field containing minipool count), `timestamp` (daily snapshots)

### Component B: Staked asset calculation
- **Purpose**: Calculate total ETH staked based on active minipool count
- **Logic**: Multiply the active minipool count by 32 ETH, which is the standard amount of ETH required to be staked per minipool in Ethereum 2.0. Assign protocol metadata including chain identifier (ethereum), business classification (liquid staking), and token address (WETH contract address).
- **Key fields**: `staked_amount` (32 * minipool count), `token_address` (WETH), `chain` (ethereum)

### Component C: USD conversion
- **Purpose**: Convert ETH amounts to USD for standardized reporting
- **Logic**: Apply currency conversion using end-of-day ETH price feeds. The conversion uses the `convert_to_usd_and_correct_decimals` macro which handles both USD conversion and decimal precision adjustments. No decimal correction is needed since the calculation starts with whole ETH amounts.
- **Key fields**: `assets_staked` (USD value), converted from ETH using end-of-day exchange rates

### Final aggregation
- **Combining components**: The TVL metric directly uses the calculated staked assets value - no additional combination or aggregation is needed since TVL equals total staked assets for this protocol
- **Currency conversion**: ETH amounts are converted to USD using end-of-day price feeds applied at the staked assets calculation stage
- **Time aggregation**: Daily time series with forward-fill logic applied using `fill_zeros` strategy to ensure no gaps in the data
- **Final calculation**: TVL = Total staked assets in USD = (Active minipool count × 32 ETH) × ETH/USD exchange rate

The methodology applies chain availability filtering to ensure data is only included for supported blockchain networks and uses finalization macros to standardize the output schema and ensure data quality.

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

Total value locked (TVL)

Total value locked (TVL) — value deposited into the project's applications.

Rocket PoolRPL

Total value locked

Total value locked

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