Rocket Pool vs Lido valuation after Shapella: market cap to TVL
Thread84 words
Notes RPL TVL growth to $1.4bn after Shapella, putting its mcap/TVL at 1.02 versus Lido's 0.18, and suggests substantial room for RPL growth.
Key claims
RPL TVL is $1.4bn with mcap/TVL of 1.02
LDO mcap/TVL is 0.18
$RPL TVL is growing fast after #Shapella, sitting at $1.4bn now
this puts $RPL at a mcap/TVL ratio of 1.02
as a comparison, $LDO is at a mcap/TVL ratio of 0.18
there is still a lot of room for $RPL growth
data from @DefiLlama
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