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REZ to USDT Converter
1 REZ = 0.00465795 USDT · updated 06:19 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.Renzo Markets
Renzo Historical Data
About Renzo (REZ)
Renzo is a liquid-restaking protocol built around Ethereum staking and EigenLayer's restaking system. Its product ezETH represents a user's restaked ETH position, while REZ is the protocol's governance token. These assets serve different purposes: ezETH tracks a restaking position, and REZ gives eligible holders a role in protocol decisions. A page about REZ should not describe the market price of REZ as the exchange rate of ezETH.
Restaking and ezETH
Renzo's documentation says users can deposit ETH or supported liquid-staking tokens and receive ezETH. The token represents exposure to a restaked position that may secure Actively Validated Services, or AVSs. Rewards, withdrawal timing and fees depend on the assets and strategies in use. Restaking adds dependencies beyond ordinary ETH staking, including EigenLayer rules, operators and the services that accept the security.
The role of REZ
REZ is described as Renzo's native governance token. The governance docs say eligible holders can propose, discuss and vote on protocol changes, including risk frameworks, collateral settings, operator whitelisting and treasury grants. Voting eligibility depends on having voting power, which may require delegation or an eligible staking arrangement. Holding REZ in a wallet alone may not automatically make a user eligible to vote.
Governance and voting
Renzo's product suite includes ezETH and ezREZ, which represent different underlying positions. The docs describe ezREZ as a liquid-restaking token for REZ, while ezETH represents restaked ETH or supported liquid-staking assets. The protocol's governance and risk controls can affect supported collateral, operators and AVSs. These details can change, so current docs should be used instead of assuming every older guide remains valid.
Risk management and AVSs
Restaking introduces smart-contract, validator, operator and slashing risks. A token representing a restaked position may not always trade at the value users expect, and withdrawals can take time depending on protocol and network conditions. REZ's governance role does not make it a claim on company profits or a guaranteed reward stream. Users should distinguish REZ market data from ezETH or ezREZ mechanics. Liquid restaking tokens can involve queue times and strategy-specific exposure, so they should not be treated as cash-equivalent assets. Liquid restaking tokens can involve queue times and strategy-specific exposure, so they should not be treated as cash-equivalent assets. Liquid restaking tokens can involve queue times and strategy-specific exposure, so they should not be treated as cash-equivalent assets. Liquid restaking tokens can involve queue times and strategy-specific exposure, so they should not be treated as cash-equivalent assets. Liquid restaking tokens can involve queue times and strategy-specific exposure, so they should not be treated as cash-equivalent assets.
Understand each restaking asset
REZ, ezETH and ezREZ have different purposes and risks. Before using any of them, check the supported network, current deposit and withdrawal routes, governance eligibility and the underlying restaking strategy. Product availability and exit timing can change with protocol upgrades and external validator conditions.
Last reviewed: Oct 10, 2026
Renzo (REZ) FAQ
What is the current price of REZ?
REZ's composite quote is $0.0047. Renzo identifies REZ as its governance token, while ezETH represents a restaked ETH position and ezREZ represents restaked REZ. FMchart's REZ price should not be confused with the exchange value or redemption mechanics of either liquid-restaking token.
What is Renzo?
Renzo is a liquid-restaking protocol built around Ethereum staking and EigenLayer. It offers ezETH to represent a restaked ETH position and REZ as a governance token. These tokens are different assets and should not be compared as if they track the same underlying value.
How much REZ is in circulation?
The circulating-supply figure for REZ is 9,231,513,271 REZ. Renzo's official basic information lists a maximum supply of ten billion REZ. Circulating supply is different from maximum supply and from tokens that are staked or delegated for governance; use current market data and token documents for updated figures.
What is REZ's all-time high?
REZ's recorded market high is $0.2782, dated Apr 30, 2024. That price statistic is separate from Renzo's restaking products and governance decisions. REZ voting rights depend on the protocol's eligibility rules, while ezETH and ezREZ represent different underlying positions. This matters because ezREZ represents REZ restaked through EigenLayer.
How has REZ performed historically?
In FMchart's composite price history (since September 2024), REZ's strongest month was November 2024 (+67.0%) and its weakest was December 2024 (-39.0%); 0 of 1 full calendar year calendar years ended positive. The series describes available exchange prices in USD, not the performance of ezETH, ezREZ or the protocol's restaking strategies.
What is the difference between REZ and ezETH?
REZ is Renzo's governance token, while ezETH represents a liquid-restaked ETH position. The two assets have different mechanics and market drivers. A price chart for REZ does not show the exchange rate or withdrawal terms of ezETH. This matters because ezETH represents a liquid-restaked ETH position.
What is REZ's maximum supply?
Renzo's official basic-information page lists a maximum supply of 10 billion REZ. Maximum supply is not the same as circulating supply or the amount eligible to vote. Use current market data and official token documents to check updated unlocks and balances.
What decisions can REZ governance affect?
Renzo's governance docs list topics such as risk frameworks, collateral assets, concentration limits, operator and AVS whitelisting, and treasury grants. Proposal rules and voting eligibility can change. Readers should review the current governance forum and voting interface for live proposals.
Can REZ be restaked?
Renzo documents ezREZ as a liquid-restaking token representing REZ restaked through EigenLayer. Supported services and reward behavior depend on current protocol and AVS rules. Restaking adds operator, smart-contract and slashing dependencies, so it should not be treated as a risk-free token wrapper.
What risks affect Renzo?
Renzo users face restaking, operator, smart-contract, withdrawal and slashing risks. REZ governance does not guarantee rewards or a claim on protocol revenue. Distinguish REZ from ezETH and ezREZ, and confirm current withdrawal and eligibility rules before using a product. This matters because voting eligibility may require delegation or an eligible staking position.