Overview
Renzo (REZ) is currently priced at ₩11.90 KRW with a 24-hour trading volume of ₩10.88B KRW. Over the past day, REZ has increased by 5.63%. It holds the #712 rank on CoinMarketCap with a live market cap of ₩35.2B KRW. The circulating supply stands at 2.95B REZ out of a maximum supply of 10B REZ.
Key Statistics
| Metric | Value | Change (24h) |
|---|---|---|
| Market Cap | ₩35.2B | +6.35% |
| 24h Trading Volume | ₩10.88B | +32.19% |
| Fully Diluted Valuation (FDV) | ₩119.02B | - |
| Circulating Supply | 2.95B REZ | 29.57% of max |
What is Renzo?
Renzo (REZ) is a liquid restaking protocol on Ethereum that simplifies staking complexities by acting as a strategy manager for EigenLayer. It enhances security for Actively Validated Services (AVS) and offers higher yields than traditional ETH staking.
Core Features:
- Liquid Restaking Tokens (LRTs): Enables seamless collaboration between users and node operators.
- EigenLayer Integration: Leverages EigenLayer’s infrastructure for decentralized validation.
- Governance: REZ token holders influence protocol upgrades and decisions.
Technology
Built on Ethereum, Renzo utilizes:
- Smart Contracts: For automated restaking and yield optimization.
- Decentralized Security: EigenLayer’s restaking mechanism fortifies network integrity.
- User-Friendly Interface: Simplifies staking for both beginners and advanced users.
Recent Developments
- Launch of Renzo Protocol: Established its presence in the DeFi ecosystem.
- Cross-Chain Expansion: Integrated with Solana via Wormhole for broader accessibility.
- Governance Model: Implemented REZ token for community-driven decision-making.
FAQ
How does Renzo differ from traditional staking?
Renzo abstracts the technicalities of restaking, allowing users to earn higher yields through EigenLayer’s AVS without managing node operations directly.
What is the utility of the REZ token?
REZ governs the protocol, enabling voting on proposals and strategic upgrades.
Where can I buy REZ?
REZ is available on multiple exchanges, including centralized and decentralized platforms (DEXs).
Market Performance
- All-Time High: ₩357.80 (Apr 30, 2024)
- All-Time Low: ₩9.55 (Jun 22, 2025)
Similar Tokens
Explore other Ethereum-based tokens like Ethereum (ETH), Chainlink (LINK), and Shiba Inu (SHIB).
Disclaimer: Prices and data are subject to change. Always conduct your own research before investing.
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