Renzo Protocol Rebrands to Renzo Finance and Launches On-Chain Yield Product

Renzo Protocol has rebranded to Renzo Finance and expanded into structured on-chain yield products with the launch of Renzo Basis on Hyperliquid. The product automates basis trade strategies by holding spot long and perpetual futures short positions to earn funding rate yields. Initially supporting BTC and HYPE, the platform plans to expand to all assets with both spot and perpetual markets on Hyperliquid.