LRT Lending

Liquid Restaking Tokens (LRTs) are tokenized derivatives representing staked assets. LRTs enable you to unlock the liquidity of your staked asset while also earning staking rewards.

When you stake $ETH to validate transactions on Ethereum and secure the network, your deposited $ETH is locked for a certain period. LRTs help you tokenize the staked $ETH into a derivative asset. The derivative token can be freely used across supported DeFi applications.

Here’s how LRTs work behind the scenes:

  1. Users deposit and stake their assets (e.g., ETH) with a liquid staking protocol.

  2. The protocol issues LRT tokens (e.g., $ezETH) in a 1:1 ratio, representing the staked $ETH.

  3. Users can trade, lend, or use these LRT tokens across their preferred DeFi applications while earning staking rewards.

In addition to staking rewards, users earn points from the respective liquid staking protocol and the partner protocols (if any).

For example, if you restake $ETH on Renzo Protocol, you get $ezETH and EigenLayer points.

LRTs on ZeroLend

ZeroLend features a dedicated ETH LRTs Market to help users leverage the emerging LRT trend and earn boosted rewards.

Benefits

  • Earn staking rewards while using LRTs as collateral

  • Earn additional points from liquid staking protocols

  • Access liquidity without unstaking

  • Dedicated LRT markets with boosted rewards

Here’s a list of LRT assets listed on ZeroLend:

LRT Project

Native LRT Asset

Supported ZeroLend Market

Renzo

$ezETH

Ethereum, Linea, Blast

Ether.fi

$weETH

Ethereum

Kelp DAO

$rsETH

Ethereum

Puffer

$pufETH

Ethereum

Read our Passive Strategies guide on LRTs to learn more.

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