Renzo Steps Beyond Restaking Into Basis Trades
Renzo Steps Beyond Restaking Into Basis Trades Renzo launched Renzo Basis on Hyperliquid, its first product beyond liquid restaking, an onchain basis trade that earns yield from funding rates instead of betting on price direction. Renzo Basis runs delta-neutral strategies, automatically pairing spot and perpetual positions so directional risk cancels out and the position collects funding-rate payments as carry. It opens with BTC and HYPE and executes on Hyperliquid, the onchain perpetual exchange that has quietly become one of the highest-volume venues in crypto. Renzo, now rebranding to Ren…
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