In Rust, rockets are the ammunition for rocket launchers, rockets will cause splash damage that can hit up to 4 walls at once. This type of ammunition is particularly effective against buildings.
In terms of trajectory, rockets are launched forward with a considerable speed upon firing. However, the trajectory eventually falls off due to the in-game gravity effect.
Rockets are currently one of the best tools for raiding and destroying buildings. Rockets are also deadly against players due to its high damage and range of splash damage.