rETH2
RETH2
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
RETH2 (rETH2) suffers from extensive data gaps across four key dimensions: Active Development (-1.0), Tokenomics (-1.0), Team and Governance (-1.0), and Security and Audit History (-1.0), largely due to cross-contamination with unrelated software (such as Paradigm's Reth client) and a lack of specific retrieved records. The project is identified as a legacy staked-ETH receipt token from StakeWise V2, which has been deprecated in favor of StakeWise V3 (osETH). Among the measurable areas, Community Support scored 1.0/10 due to an extremely small holder base (446–452 wallets) and a complete absence of community engagement or governance activity. Market and Use Case scored 2.0/10, reflecting negligible daily trading volume (~$35.55), severe liquidity concentration on a single Uniswap V3 pool, a 60.50% drawdown from its all-time high, and practical obsolescence against major liquid staking protocols. With the token deprecated and effectively moribund, it warrants an Avoid recommendation.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About rETH2 (RETH2)
RETH2 (rETH2) is a deprecated liquid staking receipt token from StakeWise V2 that was superseded by the protocol's transition to StakeWise V3 and osETH. Operating on the Ethereum blockchain, rETH2 was designed as a rehypothecated token representing staked Ether (ETH) deposited within the StakeWise V2 pooled staking framework.
Following the architectural upgrade to StakeWise V3, rETH2 became a legacy asset. As a result, active development, protocol governance, and formal community engagement around the specific rETH2 token contract have ceased, with no active token economy maintained for the asset.
Market presence for rETH2 is effectively moribund. The token records negligible daily trading volume of approximately $35.55 across a single active pool on Uniswap V3 and maintains a small holder base of roughly 446 to 452 wallet addresses. In addition to low liquidity and abandonment in favor of newer staking standards, rETH2 has experienced a 60.50% drawdown from its all-time high.