A liquid restaking protocol on Ethereum that lets you stake ETH, receive yield-bearing tokens, and put them to work across DeFi — without giving up access to your capital.
Get StartedStandard ETH staking returns around 3–4% APY on its own. The Renzo Protocol platform stacks EigenLayer or Symbiotic restaking rewards on top, so your deposit earns from two sources simultaneously without extra steps.
When you stake through Renzo Protocol, you receive ezETH — a token you can trade, lend, or supply as collateral. Your position doesn't sit idle. Read more on our questions page about how liquidity works in practice.
ezETH follows the ERC-4626 vault standard, which means any protocol supporting that interface can integrate it directly. AAVE, Spark, and Curvance already accept ezETH — the list keeps growing.
The protocol distributes restaked ETH across multiple EigenLayer operators. No single operator holds an outsized share, which limits the impact of any individual slashing event on the overall pool.
The Renzo Protocol platform supports standard Web3 wallets. Connect once, and the interface shows your eligible deposit assets — ETH, stETH, and several other liquid staking tokens are accepted.
After confirming the deposit transaction, Renzo Protocol's smart contracts mint ezETH at the current exchange rate. The token accrues value over time as restaking rewards accumulate in the underlying vault.
Take ezETH to any compatible protocol. Supply it as collateral, deposit it into a yield vault, or hold it in your wallet. The position keeps earning whether the token is active on-chain or sitting idle. Learn about integrations on the Ethereum developer docs.
Initiate a withdrawal through the app. The protocol queues the unbonding from EigenLayer or Symbiotic and returns your ETH once the unbonding period completes. Alternatively, sell ezETH on a secondary market for immediate exit.
The protocol restakes deposited ETH through EigenLayer's Actively Validated Services, directing rewards back to ezETH holders. EigenLayer currently supports dozens of AVSs across oracle networks, bridges, and data availability layers.
Users who prefer Symbiotic's architecture can mint pzETH. The two tokens serve different restaking rails but share the same underlying design philosophy — keep capital liquid, earn additional yield.
Both ezETH and the reserve vaults on Renzo Protocol's platform implement ERC-4626. This standard, defined in the Ethereum EIP process, allows automated yield-sharing and makes integration trivial for any compliant DeFi protocol. More detail on Ethereum's history and standards at Wikipedia.
Beyond restaking tokens, Renzo Protocol operates structured vaults — including a USDC yield vault and the Bitwise Crypto Carry Fund vault. These allocate capital across lending markets to target stable net supply yields for non-ETH depositors.
ezETH is bridgeable to Arbitrum, Base, Linea, and other Layer 2 networks. Liquidity exists on each chain, letting users access DeFi opportunities without returning assets to Ethereum mainnet for every transaction.
The team behind Renzo Protocol offers an enterprise track for institutional depositors, with custom allocation parameters. REZ token holders participate in governance votes that set protocol-level risk parameters and operator allocations. Visit the about-us page for team background.
Renzo Protocol is a liquid restaking protocol built on Ethereum. It lets users deposit ETH or liquid staking tokens and receive ezETH in return — a yield-bearing token that accrues restaking rewards from EigenLayer while remaining usable across DeFi protocols. The protocol went live in 2023 and has processed over $90 million in restaked assets.
Connect a compatible Web3 wallet to the Renzo Protocol platform. Choose your deposit asset — ETH, stETH, or other supported tokens — and confirm the transaction. The contracts mint ezETH to your address at the current exchange rate. That's it. No lockups, no KYC for standard deposits.
Renzo Protocol's smart contracts have undergone multiple independent security audits from recognized firms. The protocol applies a layered security model with operator diversification across EigenLayer AVSs to reduce single-point risk. No security model eliminates all risk, and users should review the audit reports published by the team before depositing significant capital.
ezETH is the liquid restaking token issued by Renzo Protocol on EigenLayer. It represents a user's restaked ETH position and continuously accrues staking plus restaking yield. ezETH follows the ERC-4626 vault standard, making it compatible with a wide range of DeFi integrations — lending protocols, DEX liquidity pools, and structured yield vaults.
pzETH is Renzo Protocol's liquid restaking token for the Symbiotic restaking protocol. Symbiotic uses a different operator and slashing model than EigenLayer. Users who prefer that architecture deposit assets and receive pzETH, earning Symbiotic restaking rewards on top of the base ETH staking yield. At launch pzETH had approximately $2.7M in TVL.
Yes. ezETH is a standard ERC-20 token compatible with the ERC-4626 vault interface. Supply it as collateral on AAVE, provide liquidity on decentralized exchanges, or deposit into yield vaults. The underlying position keeps earning restaking rewards regardless of where ezETH sits on-chain. This is the core value proposition — you don't have to choose between yield and usability.
Renzo Protocol is deployed on Ethereum mainnet and supports bridged ezETH on several Layer 2 networks including Arbitrum, Base, and Linea. The team behind Renzo Protocol continues to evaluate additional network deployments based on user demand and liquidity conditions. Check the questions page for the most current list.
Direct ETH staking locks capital and produces only base staking yield — roughly 3–4% annually as of mid-2024. The Renzo Protocol platform adds a second layer of yield from EigenLayer or Symbiotic restaking without requiring users to manage operator relationships themselves. Capital stays liquid through the ezETH or pzETH token, so there's no opportunity cost from holding a staked position.
Renzo Protocol distributes restaked ETH across multiple EigenLayer operators and AVSs. This diversification means a slashing event on one operator does not affect the entire pool disproportionately. The protocol sets allocation limits per operator to keep exposure bounded, and governance can adjust those limits through REZ token votes as conditions change.
Withdrawals are available, but they are subject to the unbonding period required by EigenLayer or Symbiotic for the underlying restaked position. The Renzo Protocol app displays the current estimated withdrawal time before you submit the request. If you need immediate liquidity, selling ezETH on a secondary market like a DEX is typically faster than waiting for the unbonding queue to clear.