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Lorenzo Protocol

Lorenzo Protocol

AuditedVerified

Lorenzo is a Bitcoin-native asset manager that issues wrapped and yield-bearing BTC tokens (enzoBTC, stBTC) plus an RWA-backed stablecoin (sUSD1+), bridged across 20+ chains via institutional custodians.

BridgeBitcoinBSCEthereumSuiArbitrumMantleTaikoMantaBerachainTVL: $570.5MLast updated: Sep 16, 2026
Risk Rating
BBB
Safety Score
69

Risk Profile Overview

Overall Rating
(69/100)
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Score history

Re-checked monthlyNo net change

This rating is re-checked every month. A point is recorded for every check, so a flat line means we looked and nothing moved. Hover anywhere on the chart to see what moved that month, and by how much.

75
69
63
Aug 2026SepOct

The Problem

Bitcoin is the largest crypto asset but lives outside EVM DeFi rails. Native BTC staking on Babylon is non-custodial but illiquid; wrapped-BTC alternatives (WBTC) sit idle without yield.

The Solution

Lorenzo issues two BTC-pegged tokens — enzoBTC (1:1 wrapped, custodian-backed) and stBTC (liquid Babylon-staking receipt) — that bridge across 20+ EVM/non-EVM chains and plug into external DeFi venues.

Why it Matters

Multi-chain Bitcoin liquidity layer combining institutional custody (Cobo, Ceffu, ChainUp) with on-chain transparency, plus an RWA-stablecoin product (sUSD1+) and Curve-style veBANK governance.

Protocol Metrics

TVL Trend
$570.46M

Related Research

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No related analysis articles found for Lorenzo Protocol.

Frequently asked questions about Lorenzo Protocol

What is Lorenzo Protocol?+

Lorenzo Protocol is a Bridge protocol operating on Bitcoin, BSC, Ethereum, Sui, Arbitrum, Mantle, Taiko, Manta, Berachain. Lorenzo is a Bitcoin-native asset manager that issues wrapped and yield-bearing BTC tokens (enzoBTC, stBTC) plus an RWA-backed stablecoin (sUSD1+), bridged across 20+ chains via institutional custodians.

How does Lorenzo Protocol work?+

Lorenzo issues two BTC-pegged tokens — enzoBTC (1:1 wrapped, custodian-backed) and stBTC (liquid Babylon-staking receipt) — that bridge across 20+ EVM/non-EVM chains and plug into external DeFi venues.

Is Lorenzo Protocol safe?+

DeFi Sentinel rates Lorenzo Protocol BBB with a safety score of 69/100, indicating moderate risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Lorenzo Protocol has 8 audits on record. DeFi Sentinel's analysis flagged 1 high, 7 medium, 4 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization, Sustainability & Competitive Position and Reputation & Social Trust. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.

What is the safety score of Lorenzo Protocol?+

Lorenzo Protocol has a DeFi Sentinel safety score of 69/100 (rating BBB), last updated September 16, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).

Which chains does Lorenzo Protocol support?+

Lorenzo Protocol is deployed on Bitcoin, BSC, Ethereum, Sui, Arbitrum, Mantle, Taiko, Manta, Berachain.

Has Lorenzo Protocol been audited?+

Yes. Lorenzo Protocol has 8 audit reports on record from firms including Zellic, SALUS, ScaleBit. Audit reports and dates are linked under the Resources tab on this page.