24h Change-3.58%
All Time HighAug 24, 2025$5,618
All Time LowJun 18, 2022$887.26
Market Cap$685.75m
Fully Diluted Valuation$685.75m
Circ. Supply332,873 rETH
CEX Volume$0
DEX Volume$2.17m
How much debt can be issued against rETH as collateral across lending protocols.
Maximum possible exposure to rETH
$81.92m
$47.47m (max additional borrows against rETH) + $34.45m (bad debt if rETH was hacked now)
Aave V3
$49.48m at-risk exposure = $24.2m bad debt if hacked + $25.27m additional borrowable against rETH
Compound V3
$21.86m at-risk exposure = $328,914 bad debt if hacked + $21.53m additional borrowable against rETH
Morpho V1
$4.75m at-risk exposure = $4.11m bad debt if hacked + $633,536 additional borrowable against rETH
Euler V2
$60,121 at-risk exposure = $30,096 bad debt if hacked + $30,025 additional borrowable against rETH
SparkLend
$5.77m at-risk exposure = $5.77m bad debt if hacked + $0 additional borrowable against rETH
Showing collateral exposure for rETH on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
Each row is one protocol-chain exposure for rETH as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
rETH0xae78736cd615f374d3085123a210448e74fc6393 | $24.49m | $23.71m | ||
rETH0xae78736cd615f374d3085123a210448e74fc6393 | $21.35m | $4,693 | ||
rETH0xae78736cd615f374d3085123a210448e74fc6393 | $615,744 | $3.93m | ||
rETH0xec70dcb4a1efa46b8f2d97c310c9c4790ba5ffa8 | $395,148 | $493,958 | ||
rETH0x9bcef72be871e61ed4fbbc7630889bee758eb81d | $390,912 | — | ||
rETH0xec70dcb4a1efa46b8f2d97c310c9c4790ba5ffa8 | $133,688 | $11,795 | ||
rETH0x9bcef72be871e61ed4fbbc7630889bee758eb81d | $51,597 | $312,425 | ||
rETH0x94cac393f3444cef63a651ffc18497e7e8bd036a | $30,025 | $30,096 | ||
rETH0xb6fe221fe9eef5aba221c348ba20a1bf5e73624c | $17,792 | $183,905 | ||
rETH0xec70dcb4a1efa46b8f2d97c310c9c4790ba5ffa8 | < $0.0001 | $0.21 |
Risk-management actions published about rETH by tracked risk managers and governance contributors, newest first.
rETH shows low utilization (<1% in Arbitrum WETH, 1.5% in Optimism), indicating limited demand, so its cap is being set to 0 or minimally buffered to eliminate spare capacity vulnerable to long-tail exploit risks.
rETH utilization is below 1% in WETH Comet with minimal supply, showing no active demand. The cap reduction to 0 defends against escalating long-tail collateral incidents like LST depegs.
rETH is being added to the kill switch oracle, which disables new borrowing if its price deviates 5% below the reference, to automatically halt activity during potential rail risks like hacks, custody failures, or liquidity crises.
rETH shows limited demand in the Arbitrum WETH market, averaging 0.16% supply cap utilization over the past 30 days. Halving the cap reduces protocol risk from low-activity assets.
The rETH market has shown low user demand with average supply cap utilization of 0.01% over the past 30 days, leading to a recommendation to halve the supply cap and reduce protocol risk exposure.
The rETH market has underperformed in utilization, averaging 0.12% over the past 30 days, leading to proposed cap reductions to reduce the protocol's risk profile.
rETH supplies on Base ($9.7K) and Arbitrum ($1.4K) are both under $100K, signaling low liquidity and activity justifying removal.
rETH has negligible supply of $139 on Euler Prime, due to low demand requiring offboarding.
rETH on Optimism has seen very low user demand, with maximum supply cap utilization of just 1.55% over the past 30 days, increasing the risk of idle capital and potential inefficiencies.
rETH on Ethereum WETH Comet has minimal user activity, with utilization at a high of 0.11% in the past 30 days. Halving the supply cap helps mitigate protocol risk from low-demand assets.
An is required to view token usage.
An is required to view token liquidations.
Showing 10 of 4692 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabWETH-USDTCL - 10 | 🪂 | $368,129 | 44250% | 0% | 44250% | 12194% | |||
| open in new tabWETH-FOUNDER3.00% | $66,043 | 74596% | 74596% | 508% | |||||
| open in new tabETH-BRETT0.30% | $51,896 | 30471% | 30471% | 30471% | |||||
| open in new tabETH-BOTCOIN3.00% | $51,370 | 41936% | 41936% | 2215% | |||||
| open in new tabETH-FLORK2.00% | $50,370 | 487629% | 487629% | 2151% | |||||
| open in new tabETH-DRB1.00% | $50,217 | 40312% | 40312% | 817% | |||||
| open in new tabWETH-TRAC | $47,956 | 74331% | 62577% | ||||||
| open in new tabNEWSWORTHY-WETH1.20% | $47,258 | 28343% | 28343% | 232% | |||||
| open in new tabRDNT-WETH | $31,832 | 62232% | 62232% | 1849% | |||||
| open in new tabWETH-DEADPool on Uniswap V3 | 🪂 | $20,312 | 100000% | 100000% | 100000% |
Showing 10 of 1424 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabRETH ➞ MORPHO | $10.34m | 3.04% | 0.49% | 3.15% | 81% | $35,744 | $4,953 | ||
| open in new tabRETH ➞ MORPHO | $10.34m | 2.83% | 0% | 3.15% | 90% | $153,347 | |||
| open in new tabRETH ➞ MORPHO | $10.34m | 2.83% | 0% | 3.15% | 90% | $15,082 | |||
| open in new tabRETH ➞ MORPHO | $10.34m | 2.74% | 0% | 3.15% | 86.96% | $32,119 | $23 | ||
| open in new tabRETH ➞ MORPHO | $10.34m | 2.52% | 0.16% | 3.15% | 75% | $16,052 | $1,340 | ||
| open in new tabRETH ➞ MORPHO | $10.34m | 2.46% | 0% | 3.15% | 78% | $1.61m | $26,845 | ||
| open in new tabRETH ➞ MORPHO | $10.34m | 2.36% | < 0.0001% | 3.15% | 75% | $77.57m | $85,951 | ||
| open in new tabRETH ➞ MORPHO | $10.34m | 2.17% | 0% | 3.15% | 69% | $2.18m | $34,030 | ||
| open in new tabRETH ➞ LBTC | $3.34m | 1.23% | 0.49% | 0.91% | 81% | $35,744 | $4,953 | ||
| open in new tabRETH ➞ WELL | $545,831 | 1.14% | 0.49% | 0.80% | 81% | $35,744 | $4,953 |
