Renzo
REZ#604 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Renzo is for restaking. We have not written its record yet, so its promises are not checked. It trades at $0.0038, #597 of all coins by size, 99% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #6 of 16 restaking coins. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: restaking
- ✓Real backingBacking: trades on Coinbase, Kraken, Binance
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $34.41M, 17 times smaller than Ether.fi, the biggest coin within reach doing the same thing (Restaking)
Listed on 4 big exchanges
- Origin30 April 2024about about 2 yearsrenzofinance.com, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorListed on Coinbase, Kraken, Binance, KuCoin
- Standing on the recordNo recordNo dated promise to judge yet3 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Restaking ($13.85M). To match the leader, Ether.fi ($589.19M), its price would need to rise 1612%, to about $0.0656.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Only 3 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Restaking
16 coins tagged Restaking, worth $1.38B together. #6 of 16 by worth.
Restaking: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Renzo$34.41Mthis coin−21.0%90% outno record
Ether.fi$589.19M17.1× bigger, +$554.78M−4.9%, gap +16.197% outno record
Pendle$407.83M11.9× bigger, +$373.42M+6.1%, gap +27.1no maxnone dated
EigenCloud (prev. EigenLayer)$184.19M5.4× bigger, +$149.78M−1.8%, gap +19.2no maxno record
AltLayer$46.4M1.3× bigger, +$11.99M−2.6%, gap +18.471% outno record
SSV Network$41.07M1.2× bigger, +$6.67M−3.5%, gap +17.5no maxno record
Kelp Gain$15.95M2.2× smaller, −$18.46Mno maxno record
Solayer$14.32M2.4× smaller, −$20.08M−1.9%, gap +19.121% outno record
Restaking: this coin next to Ether.fi, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Renzo says
- Renzo Finance is a blockchain technology company building the tools and infrastructure needed to make professional-grade yield strategies accessible onchain.
- Ether.fi says
- ether.fi is a modern crypto neobank that replaces the traditional consumer bank.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Renzo Finance is a blockchain technology company building the tools and infrastructure needed to make professional-grade yield strategies accessible onchain. Renzo takes strategies that have traditionally required professional trading desks and complex infrastructure and makes them easier to access and automate.
Problem it says it solves: restaking. 16 coins are working on it and together they are worth $1,377,435,946. This coin is 2% of that.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Restaking: this coin next to the group's largest, Ether.fi.
| Renzo | Ether.fi | |
|---|---|---|
| Years trading | 2 years | 2 years |
| Major exchanges | 4 | 8 |
| Named backers | 0 | 0 |
| Headlines, last month | 3 | 32 |
| Promises delivered | no record | no record |
What it says is different: Renzo Finance is a blockchain technology company building the tools and infrastructure needed to make professional-grade yield strategies accessible onchain. Renzo takes strategies that have traditionally required…
It is 5.8% the size of Ether.fi. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $0.2782 on 30 April 2024. Today is 1% of that.
90%
of all REZ that will ever exist is already out in public hands: 8.98B coins.
10% (1.02B coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Runs a staking service
The project stakes other people's coins. What its own coin gets you is whatever its pages say, usually a vote and a share of fees.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 8.98B of 10B.
- 1.02Bcoins still to be released, 10% of the maximum. Releases can add selling pressure.
- 1.1×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $0.2782 on 30 April 2024. That is −98.6% from the top.
- #597by market cap, $34,406,649.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $119.16M is locked in it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Headlines per day, last 30 days
3 headlines named this coin in the last month.
What they were about
- Price1
Why it movedDown 21% today. Headlines that name it: Renzo Finance Review: An Outstanding Blueprint for Dynamic Onchain Liquidity (Crypto Economy, 2d ago)
- Renzo Finance Review: An Outstanding Blueprint for Dynamic Onchain Liquidity
- Renzo expands product suite with basis trade on Hyperliquid
- Renzo expands beyond restaking with basis trade product on HyperliquidUpcoming
Headlines are the publishers' own. News is never placed next to price.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy