Glossary · L

LRT (Liquid Restaking Token)

A token received when restaking liquid staking tokens (like stETH) through a restaking protocol like EigenLayer, EtherFi, or Renzo. LRTs represent restaked ETH that is simultaneously earning ETH staking rewards and AVS (Actively Validated Service) restaking rewards. Examples include eETH (EtherFi), ezETH (Renzo), and pzETH (Swell). LRTs add additional slashing risk on top of standard liquid staking risk.

Related terms (L)

Layer 1 (L1)
Layer 2 (L2)
Liquidation
Lido Finance
Liquidity
Liquidity Pool