This Renzo price prediction covers a former restaking token that found a second life in September 2026. CoinGecko’s daily data shows REZ near $0.0029 at the start of the month, then $0.0041 on September 12 and $0.0044 on September 13, when volume hit about $162 million against a market cap of under $40 million. As of October 2, CoinGecko had REZ at $0.004454, up 52.6% over 30 days and 13.2% over seven days, even after a 6.3% drop in the last 24 hours. The trigger was a new product and a fresh Upbit listing in the same week.
What Is Renzo (REZ)?
Renzo started in 2024 as a liquid restaking protocol on EigenLayer. Users deposited ETH and received ezETH, a token that earned staking and restaking rewards while staying tradable. On September 9, 2026 the project rebranded from Renzo Protocol to Renzo Finance and launched Renzo Basis, an automated basis trade on Hyperliquid. The product buys an asset on the spot market and shorts the same amount in perpetual futures, so the user earns the funding rate without taking a view on price. It started with BTC and HYPE. REZ is the governance token.
The Block reported a $3.2 million seed round in January 2024 led by Maven11 and a $17 million round in June 2024 led by Galaxy Ventures and Brevan Howard Digital’s Nova Fund, for $20.2 million in total. Lucas Kozinski is named as founder. REZ was distributed through Binance Launchpool and began trading on April 30, 2024. On CoinGecko, REZ traded near $0.004454 on October 2, 2026, with a market cap of about $40.5 million and a rank around #574. About 9.09 billion REZ circulate out of a 10 billion maximum, so the fully diluted value is only slightly higher at $43.7 million. The all-time high was $0.2782 around launch, leaving REZ about 98.4% below its peak. The all-time low on CoinGecko is $0.002302, which CoinLore places in July 2026.
The Hyperliquid Pivot and Upbit Listing That Sent It Vertical
On September 9 The Block reported the launch of Renzo Basis. The pitch is that it is fully on-chain and self-custodied: it runs inside the user’s own Hyperliquid account through an agent wallet, and Alea Research explained that the trade-only key lasts 90 days and can be revoked at any time. Three automated guards rebalance the legs, exit when funding stays negative for two days and shrink positions when the liquidation buffer drops below 10%. Renzo charges 5 basis points per fill, or 20 basis points per round trip. Kozinski told The Block that the roadmap includes all Hyperliquid assets and equity perpetual basis trades through Lighter on Robinhood.
One day later, on September 10, Upbit announced that it would add REZ to its USDT market, with trading starting at 3 p.m. Korean time over the Ethereum network, Bitcoin Sistemi reported. Upbit has a large retail audience, and the reaction showed up in the volume. CoinGecko recorded about $46.6 million on September 11, then roughly $162 million on September 13 and $157 million on September 14, as the price moved from about $0.0032 to $0.0044. Since then REZ has given back some of the gain. CoinGecko’s news feed carried reports of a 7.7% drop about three days ago after an analysis showed restaking protocols’ profits shrinking sharply.
What the Community Actually Liked About It
Holders liked that Renzo finally has a product that does not depend on restaking points. Basis trades are a proven way to earn yield, and Ethena and Superstate already run large versions of them. Renzo’s twist is that the user keeps custody and controls the risk settings. Alea Research found that Bitcoin funding beat trading costs on 292 of 367 days in its sample, which is the kind of number that makes the product easy to understand.
The token also looked cheap after a long fall. Alea Research put annualised protocol revenue at about $442,000 against a market cap near $30 million, and noted that buybacks between October 2025 and February 2026 retired 185 million REZ, with 90% burned and 10% sent to stakers. On October 1 Renzo said, in a statement reported by KuCoin News after a MetaMask security incident, that ezETH has been backed only by native ETH since April 2026 and that Basis risk can be checked on-chain.
Renzo Price Prediction 2026, 2027, 2030, 2040, 2050 (REZ)
This Renzo price prediction table runs a statistical model against REZ’s live market data (current price, volatility, market cap and supply schedule) rather than assuming the current story plays out. It does not assume Renzo Basis wins market share from Ethena or that buybacks resume, it shows a realistic range if REZ’s current volatility and price pattern continue. The monthly table below rolls forward automatically to always show the next 36 months from today.
Renzo REZ
Renzo price prediction 2026-2050
| Year | Minimum | Average | Maximum | Potential ROI | Implied market cap |
|---|---|---|---|---|---|
| 2026 Cycle drawdown | $0.001784 | $0.003612 | $0.007313 | -16.9% | $33.03M |
| 2027 Accumulation / recovery | $0.001441 | $0.005826 | $0.0235 | +34.1% | $54.60M |
| 2030 Cycle drawdown | $0.000700 | $0.007258 | $0.0752 | +67.0% | $72.58M |
| 2040 Halving year | $0.000587 | $0.0164 | $0.4604 | +278.4% | $164.42M |
| 2050 Cycle drawdown | $0.000453 | $0.0127 | $0.3554 | +192.1% | $126.93M |
Renzo monthly price forecast
| Month | Minimum | Average | Maximum | Change |
|---|---|---|---|---|
| November 2026 | $0.002733 | $0.004281 | $0.006706 | -1.5% |
| December 2026 | $0.002445 | $0.004457 | $0.008125 | +2.6% |
| January 2027 | $0.002276 | $0.004638 | $0.009451 | +6.7% |
| February 2027 | $0.002135 | $0.004768 | $0.0106 | +9.7% |
| March 2027 | $0.002027 | $0.004897 | $0.0118 | +12.7% |
| April 2027 | $0.001941 | $0.005031 | $0.0130 | +15.8% |
| May 2027 | $0.001870 | $0.005165 | $0.0143 | +18.9% |
| June 2027 | $0.001810 | $0.005302 | $0.0155 | +22.0% |
| July 2027 | $0.001758 | $0.005439 | $0.0168 | +25.2% |
| August 2027 | $0.001714 | $0.005579 | $0.0182 | +28.4% |
| September 2027 | $0.001675 | $0.005721 | $0.0195 | +31.7% |
| October 2027 | $0.001639 | $0.005863 | $0.0210 | +34.9% |
| November 2027 | $0.001608 | $0.006008 | $0.0224 | +38.3% |
| December 2027 | $0.001580 | $0.006153 | $0.0240 | +41.6% |
| January 2028 | $0.001555 | $0.006303 | $0.0255 | +45.0% |
| February 2028 | $0.001549 | $0.006523 | $0.0275 | +50.1% |
| March 2028 | $0.001542 | $0.006739 | $0.0295 | +55.1% |
| April 2028 | $0.001538 | $0.006966 | $0.0316 | +60.3% |
| May 2028 | $0.001534 | $0.007194 | $0.0337 | +65.5% |
| June 2028 | $0.001531 | $0.007428 | $0.0360 | +70.9% |
| July 2028 | $0.001529 | $0.007663 | $0.0384 | +76.3% |
| August 2028 | $0.001528 | $0.007904 | $0.0409 | +81.9% |
| September 2028 | $0.001527 | $0.008150 | $0.0435 | +87.5% |
| October 2028 | $0.001526 | $0.008395 | $0.0462 | +93.2% |
| November 2028 | $0.001526 | $0.008647 | $0.0490 | +99.0% |
| December 2028 | $0.001526 | $0.008899 | $0.0519 | +104.8% |
| January 2029 | $0.001524 | $0.009140 | $0.0548 | +110.3% |
| February 2029 | $0.001452 | $0.008954 | $0.0552 | +106.0% |
| March 2029 | $0.001388 | $0.008789 | $0.0557 | +102.3% |
| April 2029 | $0.001320 | $0.008586 | $0.0558 | +97.6% |
| May 2029 | $0.001256 | $0.008383 | $0.0560 | +92.9% |
| June 2029 | $0.001192 | $0.008161 | $0.0559 | +87.8% |
| July 2029 | $0.001131 | $0.007941 | $0.0558 | +82.7% |
| August 2029 | $0.001070 | $0.007701 | $0.0554 | +77.2% |
| September 2029 | $0.001011 | $0.007452 | $0.0549 | +71.5% |
| October 2029 | $0.000954 | $0.007206 | $0.0544 | +65.8% |
How this Renzo forecast was calculated
Every input below comes from live market data and is re-checked daily. Nothing here is a guess dressed up as a number, and you can check the working yourself.
- Tier: Renzo is classified as a micro cap asset (market cap $39.53M). Larger assets are given lower growth rates, because a coin already worth billions cannot repeat the returns of one worth millions.
- Volatility: 99% annualised, measured from 2160 real price observations over the last 90 days. This sets how wide the minimum-to-maximum range is.
- Growth rate: a base of +33.6% per year for this tier, adjusted for category and liquidity (normal), giving +30.5% per year.
- Supply dilution: total supply is 1.10x the circulating supply. Those tokens unlocking over time reduce the expected price by about 2.4% per year, and that drag is subtracted.
- Market cycle: the four-year Bitcoin halving rhythm is applied on top, so a drawdown year and a post-halving expansion year are not treated the same. The next halving is expected in 2028.
- Reality check: every maximum is clamped so the implied market capitalisation cannot exceed $15.00B for an asset of this type. Any figure marked capped hit that limit.
Minimum and maximum are the 10th and 90th percentile of a log-normal distribution. That means roughly an 80% chance the real price lands inside the range, if the model's assumptions hold. They frequently will not. Ranges are scaled by time0.42 rather than the square root of time, because crypto volatility mean-reverts over multi-year horizons.
Not financial advice. This is a statistical model applied to public market data. Crypto assets are highly volatile and you can lose everything you put in. No model predicts prices, including this one. Do your own research and never invest money you cannot afford to lose.
How To Buy Renzo (REZ)
- Buy REZ on a major exchange such as Binance, Coinbase, Upbit (USDT market), Bithumb or MEXC.
- On Ethereum the REZ contract is 0x3b50805453023a91a8bf641e279401a0b23fa6f9. It also exists on Base and Solana with different addresses, so check the network before withdrawing.
- Watch the calendar: Tokenomist lists the next unlock, for core contributors, on October 30, 2026. About 90.9% of supply is already unlocked.
- Position-size like it can go to zero. REZ is still about 98% below its launch high, revenue is small next to its valuation and listing pumps often fade. Nothing here is an entry signal.
Is REZ a Good Investment? The Honest Risk Warning
Valuation against revenue is the first problem. Alea Research put REZ at about 68 times annualised revenue in September, and that was before the price rose further. No buybacks have happened since February 5, 2026, and Tokenomist lists none as active. Renzo also faces strong rivals in the basis trade, with Ethena far larger. The history is mixed as well: on April 24, 2024 ezETH lost its peg and fell to about $700, The Defiant reported, triggering liquidations on Gearbox and Morpho.
The rest of Renzo’s business is under pressure. CoinGecko’s news feed carried a Lookonchain and PANews analysis in late September showing that profits at Ethereum’s leading restaking protocols had shrunk sharply. Basis yields also depend on funding rates, which can turn negative for long stretches in a falling market. If you want to compare it with the exchange that Renzo Basis runs on, our Hyperliquid price prediction is a good next read.
Renzo (REZ) FAQ
Why did REZ go up in September 2026?
REZ rallied after Renzo rebranded to Renzo Finance and launched Renzo Basis on Hyperliquid on September 9, followed by an Upbit USDT market listing on September 10. CoinGecko recorded about $162 million in volume on September 13.
What is Renzo Basis?
Renzo Basis is an automated basis trade on Hyperliquid. It buys an asset on spot and shorts the same amount in perpetual futures so users earn funding rates, and it runs inside the user’s own account with a revocable trade-only key.
Is ezETH still part of Renzo?
Yes. Renzo said on October 1, 2026 that ezETH has been backed only by native ETH since April 2026. Renzo Basis is a separate product added alongside it.
Can REZ get back to its all-time high?
REZ would need to rise more than 60 times from about $0.0045 to reach its $0.2782 high from April 2024. With almost all supply already unlocked and small revenue, that is very unlikely in the near term.
