About Renzo
Renzo is a liquid derivative platform built on EigenLayer. It serves as the interface to the EigenLayer ecosystem by securing Actively Validated Services (AVSs). REZ is the governance token of the Renzo platform.
Buy Renzo
Trading Insights
Buyer Ratio
Traders
188
104.35%
Buyers
130
113.11%
Sellers
100
104.08%
Searched
103
Market Stats
Market Cap
£33.01M
-15.94%
FDV
£83.99M
Circ. Supply
3.9B REZ
Max Supply
10B REZ
Total Supply
10B REZ
Total Value Locked
£1.12B
Diluted Valuation
£83.84M
Performance
Popularity
#611
Dominance
0%
Volume (24H)
£24.62M
2.23%
Volume (7D)
£203.47M
Volume (30D)
£254.16M
All time high
£0.15
Price Change (1Y)
-71.79%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Renzo has increased by 1.57% in the last hour and decreased by 16.46% in the past 24 hours. Renzo’s price has also risen by 0.09% in the past week. The current price is £0.0084 per REZ with a 24-hour trading volume of £24.62M. Currently, Renzo is valued at 94.43% below its all time high of £0.15. This all-time high was the highest price paid for Renzo since its launch.
The current circulating supply of Renzo is 3,930,195,476.429 REZ which means that Renzo has as total market cap of £33,008,747.42.
Market details
REZ vs markets
↘ 84.14%
REZ vs BTC
↘ 84.16%
REZ vs ETH
↘ 82.7%
Tags
defi
binance-launchpool
restaking
made-in-america
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x3B50805453023a91a8bf641e279401a0b23FA6F9 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0084 | ↘ 16.86% |
1 Day | £0.0101 | ↘ 16.46% |
1 Week | £0.0083 | ↗ 0.09% |
1 Month | £0.0106 | ↘ 20.97% |
1 Year | £0.0302 | ↘ 71.79% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Renzo is a Liquid Restaking Token (LRT) and Strategy Manager within the EigenLayer ecosystem. It facilitates the staking and restaking of crypto assets within the ecosystem, allowing users to earn rewards by participating in network security and operations within the ecosystem.
REZ is the governance token of the Renzo Protocol, playing a critical role in managing the protocol's operations and decisions. Built on a model that aims to simplify participation, REZ enables users to stake ETH or other liquid staking tokens like Lido's stETH to receive ezETH tokens within the ecosystem.
Renzo operates as a Liquid Restaking Token and Strategy Manager within the EigenLayer ecosystem. It serves as the interface to EigenLayer, supporting Actively Validated Services (AVSs).
Beyond governance, REZ facilitates various interactions and transactions within the Renzo platform, such as staking, earning rewards, and participating in protocol decisions within the ecosystem.
Renzo was launched in May 2024 as a Liquid Restaking Token and Strategy Manager within the EigenLayer ecosystem. Its primary goal is to simplify and enhance user participation in staking and restaking activities within the ecosystem.
We update our Renzo to GBP currency in real-time. Get the live price of Renzo on Coinbase.
The current market cap of Renzo is £33.01M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Renzo is £0.15. This all-time high is highest price paid for Renzo since it was launched.
Over the last 24 hours, the trading volume of Renzo is £24.62M.
Assets that have a similar market cap to Renzo include Treehouse, QuarkChain, Corn, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Renzo is 3.9 billion.
Renzo ranks 300 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, Renzo is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Renzo guide.
Social stats
Popularity in posts
#915
Contributors
182
Posts
393
% About Renzo
0.029%
Hold times
0 days
X (Twitter)
50.68% bullish
Sentiment
3.7 ★
Highlights
182 unique individuals are talking about Renzo and it is ranked #915 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Renzo has an average sentiment score of 74 out of 5. Finally, Renzo is becoming less newsworthy, with 0 news articles published about Renzo.
On Twitter, people are mostly bullish about Renzo. There were 54.42% of tweets with bullish sentiment compared to 7.38% of tweets with a bearish sentiment about Renzo. 45.58% of tweets were neutral about Renzo. These sentiments are based on 389 tweets.
On Reddit, Renzo was mentioned in 0 Reddit posts and there were 0 comments about Renzo. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.