Renzo is a restaking DeFi platform based on EigenLayer, aimed at simplifying the Ethereum restaking process and providing higher yields. After users deposit ETH, Renzo mints an equivalent amount of ezETH, a liquidity restaking token, allowing users to earn staking rewards while maintaining liquidity. Renzo enhances the functionality and security of the Ethereum network through Active Validation Services (AVS) and introduces cross-chain restaking to improve capital efficiency. Additionally, Renzo issues a governance token, REZ, for protocol decision-making and incentives. The Renzo protocol has raised a $3.2 million seed fund and has received investments from entities including Binance Labs.
5/5/2024, 2:05:05 PM
The Renzo Protocol is a leading Liquid Restaking Token (LRT) manager in the EigenLayer ecosystem with $3.3B TVL as of 2025. Its ezETH token currently trades at $1,562.57 USD, down from its December 2024 ATH of $4,179.53. Despite facing a major de-pegging event in April 2024, Renzo remains the second-largest liquid restaking protocol, offering high yields while managing associated risks.
6/17/2025, 10:28:34 AM
On August 14, 2025, the cryptocurrency market experienced a widespread downturn. The total market capitalization fell by 3.9%. XRP declined by 6.85%, and Solana declined by nearly 8%. In this article, we examine the latest market movements and underlying factors to provide insights for investors.
8/15/2025, 2:37:23 AM
Crypto Pulse focuses on the latest developments in the cryptocurrency industry, delivering up-to-date market analysis and insights.
2/27/2025, 4:04:10 AM
This article will take stock of the increasingly varied pitfalls in the crypto world and discuss whether there are still profitable opportunities for ordinary users in the crypto industry?
6/17/2024, 2:52:04 PM
Swell Network is an innovative non-custodial staking protocol offering liquid staking and restaking services, designed to simplify DeFi access and secure the future of Ethereum staking services. Swell has rapidly grown its TVL to $2.1 billion through its unique architecture, which includes the restaking Rollup and EigenDA data layer, as well as a native yield mechanism. The growth of Swell L2 has been particularly notable, with its pre-launch deposits increasing from zero to over $1 billion in just 28 days, demonstrating its potential and leadership in the DeFi sector.
5/16/2024, 4:33:42 AM