Renzo Price

Renzo (REZ) is a cryptocurrency launched in 2024, operating as an institutional-grade liquid restaking token spanning Ethereum, Base, and Solana. It anchors a modular protocol that collapses complex yield strategies into auditable onchain logic.

The protocol confronts the steep operational friction of cross-protocol restaking: fragmented positions, manual compounding, opaque collateral pathways. It abstracts these through Reserve Vaults, Staking Suite, and Enterprise Suite. Execution stays strictly onchain.

Renzo operates on the Ethereum network. Bridged contract instances on Base and Solana manage token interactions without duplicating governance or supply. This multichain footprint treats Ethereum’s finality as the root settlement layer.

The token conforms to ERC-20 on Ethereum and Base, and to the SPL standard on Solana, ensuring compatibility with every major DeFi primitive on those chains. Its core logic integrates natively with EigenLayer’s restaking middleware, allowing staked ETH positions to convert into liquid restaking tokens composable across lending and trading venues. No separate consensus mechanism exists; the protocol inherits finality from the host blockchains, with execution gated by audited smart contract code.

The REZ token entered active markets on April 28, 2024, as EigenLayer’s points programs were galvanizing restaking attention. A Binance Launchpool inclusion rapidly followed, broadening its initial holder distribution. The team has remained pseudonymous, releasing documentation and code through the open-source Renzo Protocol repository without attaching named individuals.

The project’s ambition is to enforce capital markets where onchain verifiability replaces discretionary trust in yield generation. By making restaking logic explicit and auditable, Renzo lowers the barrier between institutional capital and the programmable yields native to proof-of-stake ecosystems. The smart contract layer serves as the sole arbiter of correctness, eliminating off-chain backdoors.

REZ functions as the governance and incentive spinal cord of the Renzo ecosystem. Token holders control protocol upgrades, risk parameter adjustments for Reserve Vaults, and the emission rate of liquidity mining rewards across the Staking Suite. A portion of fees accruing from Enterprise Suite integrations can be directed toward REZ stakers, creating a direct link between protocol revenue and token value.

Liquidity providers stake REZ in protocol-curated pools to deepen markets for liquid restaking tokens, collecting trading fee allocations and boosted yield multipliers within the Staking Suite. Institutions seeking access to managed restaking strategies through the Enterprise Suite must lock REZ as a bonding requirement, aligning long-term interests. Governance participants lock tokens to gain voting weight, directly shaping platform evolution and treasury allocation.

Renzo has a maximum supply of 10,000,000,000 tokens. Currently, 8,218,744,724.57 REZ are in circulation. Total supply, which includes locked and reserved allocations, reaches 9,814,629,224.48 REZ. With a market capitalization of $32,097,776, Renzo ranks #642 among all cryptocurrencies.