EigenLayer liquid restaking protocol issuing the ezETH token
Last updated: July 2026
Renzo is a liquid restaking protocol built on EigenLayer that issues ezETH, letting users restake ETH (or liquid staking tokens) to earn Ethereum staking rewards plus additional rewards from securing EigenLayer's Actively Validated Services (AVSs) — all while holding a liquid, DeFi-usable token. Renzo abstracts the complexity of EigenLayer restaking: instead of manually selecting operators and AVSs and managing the delegation, users deposit and receive ezETH, and Renzo handles operator selection and AVS strategy on their behalf. It became one of the larger liquid restaking protocols by TVL during the restaking boom, and ezETH is integrated across DeFi. The trade-offs are those of restaking generally, amplified: you take on the slashing risks of the AVSs Renzo delegates to (managed for you, but still your exposure), plus smart-contract risk in Renzo and EigenLayer; ezETH has experienced volatility and a notable de-peg event during stressed liquidity, underscoring that liquid restaking tokens can trade off their underlying value; and restaking rewards are variable and points/token-driven. But for users who want simplified, managed exposure to EigenLayer restaking yield with a liquid token — without hand-managing operators and AVSs — Renzo is one of the prominent options, provided you understand the layered, still-maturing risks.
Renzo offers a free plan.
Renzo
Free
| Feature | Renzo |
|---|---|
| Liquid Token | ezETH |
| Minimum Stake | None |
| Reward Frequency | Continuous |
| Defi Compatible | ✓ |
| Node Operator Model | Managed EigenLayer restaking |
| Governance Token | ✓ |
| Multi Chain | ✗ |
| Slashing Protection | ✗ |
| Withdrawal Enabled | ✓ |
| Insurance Fund | ✗ |
Yes, Renzo has a free plan.
Renzo is used for eigenlayer liquid restaking protocol issuing the ezeth token. It's primarily used by Web3 teams in the Staking & Liquid Staking category.
See our full alternatives comparison at https://chainpick.io/alternatives/renzo.
Renzo has a rating of 4/5 based on 116 reviews. Key strength: Simplifies EigenLayer restaking into one token. Main limitation: Layered restaking + smart-contract risk.