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Renzo (REZ) Perpetual Futures

– 24h · perp mark price
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Renzo price and derivatives history

Daily close and perpetual volume across tracked exchanges

Renzo perpetual futures market

Renzo is a liquid restaking protocol that lets users restake ETH through EigenLayer and receive ezETH, a token that keeps earning rewards while staying tradable. REZ is Renzo's governance token. Perps give traders leveraged exposure to the restaking theme, a way to short REZ without borrowing it, or a hedge for tokens received through the protocol's airdrops and points programmes.

Restaking sentiment, deposits into Renzo and the health of the ezETH peg tend to move REZ. In 2024 ezETH briefly traded well below ETH on decentralised exchanges, which triggered liquidations in DeFi lending markets and dented confidence in the protocol. Token unlocks add supply over time. BingX carries much of the perp volume, with Binance next, so check funding on both before reading the market as one-sided.

Ticker
REZ
Asset class
Crypto
Tracked markets
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Most active venue
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Funding intervals
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Trading hours
24/7
±1% order book depth
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Renzo perpetual markets by exchange

Every tracked REZ perpetual market

# Exchange Price 24h Volume 24h Open interest OI 24h Funding 8h L/S Liq. 24h ±1% depth Trade

Open interest by exchange

Share of total · 24h change

All OI

    Liquidations by exchange

    Last 24h · long vs short

    All liquidations

      Taker buy vs sell

      Last 4h · buy share of taker volume

      Long/short data

        Renzo perpetual futures FAQ

        Live answers use data from every tracked REZ perpetual markets · updated

        What is the REZ funding rate today?

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        How much REZ open interest is there?

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        What is Renzo?

        Renzo is a liquid restaking protocol built around EigenLayer. Users deposit ETH or liquid staking tokens and receive ezETH, which represents their restaked position and its rewards. REZ is the governance token for the protocol.

        What is REZ perpetual futures trading volume?

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        Are traders long or short REZ right now?

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        What is ezETH?

        ezETH is Renzo's liquid restaking token, representing ETH restaked through EigenLayer via the protocol. Its value grows with staking and restaking rewards, and holders can use it in DeFi. It trades on the open market, so its price can drift from the underlying ETH during stress.

        What happened when ezETH lost its peg?

        In April 2024 ezETH fell sharply below ETH on decentralised exchanges as holders rushed to sell around Renzo's airdrop and withdrawal plans. The drop triggered liquidations in DeFi markets that used ezETH as collateral. The peg recovered, and the episode remains a reference point for restaking risk.

        How much REZ was liquidated in the last 24 hours?

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        What is restaking?

        Restaking lets ETH that is already staked help secure additional services, earning extra rewards in exchange for extra slashing risk. EigenLayer is the main protocol for this on Ethereum. Liquid restaking protocols such as Renzo wrap the position in a tradable token.

        What are REZ perpetual futures?

        REZ perpetual futures are derivatives contracts that track the price of REZ and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any REZ.

        How does REZ funding work?

        Funding is a payment between longs and shorts. When REZ perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.

        Where can I trade REZ perpetuals?

        Compare venues, fees and features on the best perpetual exchanges page.

        Should I long or short REZ?

        Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.

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        Data from tracked centralised and decentralised exchanges, refreshed every few minutes. Not financial advice. Methodology