Cap USD: Expecting to provide ~3% USD yield based on the Symbiotic rETH vault — currently pending the launch of a new vault and $10M liquidity. In discussion with Gauntlet to resolve.
Stream Finance xETH: The goal was for xETH to integrate rETH via the RockSolid vault, but since the current 14% APR doesn’t meet xETH’s 20% requirement, this is now closed.
Avant avETH: Established connection and scheduled a meeting next week.
Gauntlet: Ongoing discussions about Symbiotic vault possibilities and corresponding NOs.
Octant: Vault integration with rETH staking confirmed, but pending on specific co-marketing execution. If the team can’t proceed due to constraints, I’ll help promote it within the community to show support.
Kiln: thanks for the @drdoofus reminder. Started connecting with NOs, hoping to bridge via Gauntlet.
Other Updates
Yo yETH: interested in opting into the RockSolid vault, pending APR calculations and integration.
First, a quick clarification regarding Stream Finance. Throughout our collaboration with Stream Finance, the discussion has always been about integrating rETH into xETH — not about RockSolid integrating xETH. During our review of Stream Finance, we also identified that it uses substantial leverage, and we categorized its asset profile as high risk.
Regarding feedback for Rock Solid Vault, two requirements were raised:
APR calculation – this has already been clarified.
Loop support – would like leverage support, such as rETH/rock.rETH market on morpho
In addition, yo protocol has already completed the integration and is currently awaiting allocation.
Fluid
Because of the recent Balancer exploit, Fluid came again to pitch the idea of building liquidity on top of it. However, Fluid itself also experienced an exploit in the past. cc @IMC
Avant
We discussed the possibility of expanding rETH to Avalanche and applying for AVAX grant incentives. In addition, avUSD remained stable during the recent stablecoin deleveraging and currently holds over 35M in ETH exposure, so we also explored the potential for increasing its rETH allocation.
Reserve bsdETH
Due to budget constraints, the team @langers is currently unable to cover the audit costs, so the process is on hold for now. We will consider alternative ways to move it forward, such as leveraging OP’s audit incentive programs.
OP Treasury ETH Liquid Staking RFQ
The information has already been submitted by @maverick . To avoid duplicate submissions, I’ve linked the previous proposal. I will continue to track the progress going forward.
Gnosis LP position was not affected by the Balancer exploit, however, they haven’t added liquidity to the new pool, and their rETH has been swapped for wstETH.
I’ve spent some time building a Rocket Star website that showcases all organizations and protocols holding rETH. The goal is to highlight and appreciate their contributions to decentralized ETH staking, and to give them the recognition they deserve.
I also hope this can help amplify the narrative across social media and the broader community.
If I’ve missed any data, feel free to comment — I’ll gladly update it.
Avant’s avUSD includes an ETH-stable strategy (holding ETH LSTs while opening an ETH short on Hyperliquid), similar to what protocols like Ethena and Resolv use.
However, rETH has generally not been included — most protocols choose weETH or wstETH instead. Compared to those assets, rETH has disadvantages in both yield and peg stability, which makes it less attractive for these delta-neutral or stable-ETH strategies.
If a dedicated vault could be built specifically for rETH — either optimized for higher yield or stronger peg stability — it might help increase rETH’s share in this category of strategies.
The overall DeFi market is currently in a downturn, and the potential collaboration with Terminal on tETH integration into the Ethereal ecosystem has recently been closed. We are now exploring other L1 opportunities.
