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.
Stake BTC through Babylon, then split it into stBTC — a liquid principal claim that stays at par — and a YAT that accrues the staking yield separately.
BTC is delegated to Babylon Finality Providers through Lorenzo's relayer + custodian architecture, earning native staking yield.
Illustrative model. stBTC principal redeems 1:1 for BTC via a multi-day Babylon unbond; enzoBTC (1:1 wrapped BTC) is a separate non-yield product.
Live signals detected by Sentinel monitors across all five risk classes.
See each alert's affected component, root-cause analysis, and recommended action. Pro members get the full risk breakdown for every protocol.
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.
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.
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.
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.
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.
DeFi Sentinel rates Lorenzo Protocol A with a safety score of 70/100, indicating low-to-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, 6 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.
Lorenzo Protocol has a DeFi Sentinel safety score of 70/100 (rating A), last updated July 8, 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%).
Lorenzo Protocol is deployed on Bitcoin, BSC, Ethereum, Sui, Arbitrum, Mantle, Taiko, Manta, Berachain.
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.
