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pzETH

pzETH

PZETH
$2,322.29Down 9.05 percent($231.06)

Key Stats

Market Cap$2.32MDown 9.05 percent
Volume (24h)$210.39
Fully Diluted Value$2.32M
Vol/Mkt Cap (24h)0.01%
Total Supply999.58 PZETH
Max Supply∞
Circulating Supply999.58 PZETH
Launch Date2024-06-26
Built OnETH
Token StandardERC20
Smart Contract Address0x8c95…9811
Decimal Places18

pzETH Information

Websites
www.renzoprotocol.com
Industries
Liquid Staked Tokens
Parent Asset
ETH

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
pzETHERC20ETH0x8c9532a60E0E7C6BbD2B2c1303F63aCE1c3E98112024-06-26

About pzETH

pzETH is the Liquid Restaking Token (LRT) issued by Renzo Protocol, representing user deposits of ETH or Ethereum-based liquid staking tokens restaked within the Symbiotic ecosystem. It allows holders to earn both staking and restaking rewards through an auto-compounding mechanism while maintaining liquidity for use in DeFi protocols. Users can mint pzETH by depositing ETH, stETH, wstETH, or wETH and can redeem it for the underlying assets.

Frequently Asked Questions

pzETH is a Liquid Restaking Token (LRT) developed by Renzo Protocol. It enables holders to restake underlying assets—such as ETH, stETH, wstETH, or wETH—within the Symbiotic ecosystem while receiving a tradable representation (pzETH) in return.

  • Liquid restaking: Users deposit supported assets and mint pzETH, which represents restaked positions and earns both staking and restaking rewards.

  • Auto-compounding: Rewards earned through staking are automatically compounded, increasing the value of pzETH relative to its underlying collateral

  • DeFi integration: pzETH can be used in decentralized finance—lending, borrowing, liquidity provision—while maintaining restaking benefits and earning protocol-specific ezPoints

  • Simplified restaking: Renzo’s protocol manages validator operations and staking infrastructure, enabling users to participate without technical overhead

The token is issued by Renzo Protocol, which operates within the broader Symbiotic restaking ecosystem. Renzo coordinates node operators and collateral management to secure services, including rollups, oracles, and interoperability infrastructure