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Renzo Protocol Rebrands as Renzo Finance, Launches First On-Chain Structured Yield Product Renzo Basis on Hyperliquid

OdailyOdaily

Odaily News: Renzo Protocol has rebranded as Renzo Finance and expanded into on-chain structured yield products, with its first product, Renzo Basis, now live on Hyperliquid. The product automates basis trading strategies by simultaneously holding spot long and perpetual short positions, allowing users to earn yield through funding rates. It initially supports BTC and HYPE, with plans to support all assets on Hyperliquid that have both spot and perpetual markets. Renzo founder Lucas Kozinski stated that Renzo Basis is fully on-chain, self-custodial, and customizable, enabling users to choose their own assets and risk parameters.

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