Renzo

Renzo

Liquid restaking protocol on Ethereum and L2s simplifying EigenLayer access

Launch Year
2023
Consensus
Proof of Stake
Max Supply
10,000,000,000 REZ
Block Time
~12 seconds
REZ
REZ
Renzo
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap REZ Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Renzo Price Chart

REZ / USD
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Data by CryptoCompare

About Renzo

Renzo (REZ) is an EigenLayer liquid restaking protocol that abstracts away the complexity of managing restaking positions. Users deposit ETH or LSTs (liquid staked tokens like stETH, cbETH, wBETH) and receive ezETH — a liquid restaking token representing their restaked position across multiple EigenLayer operators. Renzo automatically selects optimal operators and AVSs (Actively Validated Services) to maximize restaking yield. REZ is the governance token. Renzo expanded to Arbitrum, Linea, and other L2s to enable restaking with L2 assets. The REZ airdrop in 2024 was controversial due to distribution mechanics.

History

2023
Renzo Protocol launches as EigenLayer liquid restaking abstraction layer
2024
Renzo TVL grows to $3B+; becomes one of largest LRT protocols
2024
REZ token launches via airdrop; controversial distribution sparks community debate
2024
Renzo expands to multiple L2 networks with cross-chain restaking support

How to Swap REZ

To swap Renzo (REZ) on SyntheticSwap, no account creation or KYC is required. REZ runs on the Ethereum blockchain as an ERC-20 token, compatible with MetaMask, Ledger, Rainbow, and any Web3 wallet. Navigate to SyntheticSwap, choose REZ as either source or target, enter your wallet address for the destination asset, and send REZ from your personal wallet to the deposit address shown. Swaps typically settle within a few Ethereum block confirmations, and your destination asset lands directly in your specified wallet.

How to Store REZ

REZ (ERC-20) is stored in MetaMask, Ledger, or any Ethereum-compatible wallet. Participate in Renzo governance by holding REZ.

Frequently Asked Questions