Rocket Pool ETH · by Rocket Pool · ETH
rETH is Rocket Pool’s liquid staking token representing ETH staked through Rocket Pool’s decentralized validator network, continuously accruing staking rewards via an increasing exchange rate.
Spiral Stake supplies rETH as collateral on Morpho, borrows a correlated asset against it, and recycles that back into more rETH — looping in a single transaction to amplify the underlying ETH Staking yield. Because the assets are price-correlated, the position targets a higher APY rather than a directional bet, with every cost and liquidation threshold shown upfront.
Leveraged rETH yield is a strategy that loops rETH on the Morpho lending protocol to multiply your exposure to its ETH Staking yield. Spiral Stake executes the whole loop in a single transaction.
rETH earns yield from ETH Staking, issued by Rocket Pool. Looping amplifies that base yield.
Leveraged positions carry liquidation risk if collateral value falls relative to the borrowed asset, plus smart-contract and market risk. Every cost and liquidation threshold is shown before you confirm.
Live APY, leverage multiplier and available liquidity are shown in the app.