How Renzo and Mellow differ on token, backend, TVL and approach.
| Renzo | Mellow | |
|---|---|---|
| Type | Multichain LRT | Modular LRT |
| LRT token | ezETH | Many (curated) |
| How it works | 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. | Mellow lets curators launch isolated, customizable LRT vaults on Symbiotic — each with its own assets, operators and risk profile — instead of one one-size-fits-all token. |
| Restakes on | EigenLayer + Symbiotic | Symbiotic |
| TVL* | ~$1B+ | ~$292M |
| Best for | Restaked exposure across L2s | Customizable / risk-isolated LRTs |
Pick Renzo for restaked exposure across l2s; pick Mellow for customizable / risk-isolated lrts.
* TVL = dated snapshot (DefiLlama + provider reports, 2026).