- WhatToFarm
- Exchanges
- Renzo
- 24h TXNS64
- 24h Volume$14.5K
Renzo
| Token | Price $ | Age | TVL | MKT CAP | TXNS | Vol | 5m | 1h | 4h | 24h | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $5,577.4 | 278 days 15 hr 28 min | $2.5M | $146.9M | 7 | $4.2K | 0.15% | 0.66% | 0.32% | -1.46% | ||
| 2 | $0.5801 | 317 days 7 hr 59 min | $35.9K | $94.6K | 1 | $93.87 | 0% | 0% | 0% | -6.21% | ||
| 3 | $0.6953 | 325 days 10 hr 10 min | $6.3K | $7K | 0 | <$1 | 0% | 0% | 0% | -2.05% | ||
| 4 | $0.062118 | 204 days 1 hr 2 min | $3.8K | $2.1K | 0 | <$1 | 0% | 0% | 0% | 0% | ||
What is Renzo?
Renzo Protocol is a liquid restaking protocol and strategy manager built on top of EigenLayer. Its main purpose is to simplify the process of securing Actively Validated Services (AVSs) on EigenLayer and offer higher yields than traditional ETH staking. Renzo is a Liquid Restaking Token (LRT) that represents a user's restaked position on the protocol. Users can stake native ETH or liquid staking tokens (LSTs) like wBETH and stETH to receive ezETH, the reward-bearing token of Renzo. The protocol abstracts the complexity of choosing the best restaking strategy and makes the choice for users, ensuring an optimal risk/reward ratio. Renzo has integrated with Pendle Finance to create EIP5115 SY Tokens, which represent ezETH at a 1:1 ratio but can also be tokenized into principal and yield tokens. ezPoints are designed to reward users who actively participate in the protocol. Holding ezETH, for instance, earns 1 ezPoint per hour per 1 ezETH. ezPoints determine the number of REZ tokens a user will receive following the token generation event.
Renzo real time data
As of December 21, 2024, there are 16 trading pairs on Renzo DEX. The TVL (total value locked) is $2,550,891.98, with a trading volume of $14,518.15 in 64 transactions with in the past 24 hours.
Frequently Asked Questions
What benefits does Renzo Protocol offer users?
Renzo Protocol brings simplicity and efficiency to DeFi interactions, abstracting away the complexity of restaking strategy selection and providing an optimal risk-to-reward ratio.
What are Renzo Protocol's growth plans?
Renzo Protocol plans to expand its services, introduce new features such as margin trading and steaking, and improve the user experience to remain competitive in the DeFi industry.
Who founded Renzo Protocol and when was it founded?
Renzo Protocol was founded in 2022 by a team of developers from EigenLayer who sought to create a new DeFi primitive that simplifies the process of steaking and providing Actively Validated Services (AVSs) on EigenLayer.
Hack Awards
2017
2018
2018
2018
2018
2019
2020
2022
Backers
2017-19
