How Eigenpie and Renzo differ on token, backend, TVL and approach.
| Eigenpie | Renzo | |
|---|---|---|
| Type | Isolated LRT | Multichain LRT |
| LRT token | Isolated (mstETH…) | ezETH |
| How it works | A Magpie SubDAO: instead of pooling, Eigenpie converts each LST into its own isolated LRT (e.g. mstETH), so risk isn’t shared across different assets. | Deposit ETH/LSTs for ezETH; Renzo actively manages the restaking strategy and AVS selection. ezETH is pushed to Arbitrum, Blast, Linea, Mode and more, so you can use restaked exposure across L2s. |
| Restakes on | EigenLayer | EigenLayer + Symbiotic |
| TVL* | ~$9M | ~$1B+ |
| Best for | Isolated per-asset restaking | Restaked exposure across L2s |
Pick Eigenpie for isolated per-asset restaking; pick Renzo for restaked exposure across l2s.
* TVL = dated snapshot (DefiLlama + provider reports, 2026).