How Puffer and Renzo differ on token, backend, TVL and approach.
| Puffer | Renzo | |
|---|---|---|
| Type | Anti-slashing LRT | Multichain LRT |
| LRT token | pufETH | ezETH |
| How it works | Native liquid restaking: pufETH is yield-bearing (mirrors wstETH) with Puffer’s anti-slashing tech to cut validator penalties; it accrues Puffer + EigenLayer points. Puffer also builds a based rollup. | 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* | ~$106M | ~$1B+ |
| Best for | Slashing-conscious restakers | Restaked exposure across L2s |
Pick Puffer for slashing-conscious restakers; pick Renzo for restaked exposure across l2s.
* TVL = dated snapshot (DefiLlama + provider reports, 2026).