What Lorenzo Protocol does

Lorenzo Protocol is a decentralized finance (DeFi) protocol that provides institutional-grade on-chain asset management products to a global base of DeFi users, high-net-worth crypto holders, and institutional stablecoin allocators. Its core offering is sUSD1+, a yield-bearing token issued under a proprietary On-Chain Traded Funds (OTF) framework that packages quantitative yield strategies and automated rebalancing into a single composable on-chain asset; sUSD1+ is backed by diversified exposure across USD1, USDT, and USDC, with auto-reinvested yields and an absence of manual claim requirements. As of the reporting period, $80.79M of sUSD1+ had been issued at a 7.22% APY.

The broader platform extends this architecture through Lorenzo Earn yield vaults and a second OTF product, BNB+ OTF, with infrastructure features spanning one-click fund deployment, automated NAV calculation and settlement, regulatory compliance tooling, transparent performance reporting, and cross-chain-compatible fund deployment. Distribution is anchored in the BNB ecosystem (with PancakeSwap and DeFi protocol integrations) and amplified through a strategic partnership with World Liberty Financial (WLFI), which has positioned Lorenzo as the primary yield engine for the USD1 stablecoin ecosystem and is co-running incentive campaigns across Binance Wallet and Bybit.

Lorenzo monetizes via yield management and transaction fees on assets deployed through its products, marketed under a product-led, self-serve go-to-market with no publicly disclosed fee schedule. The protocol is backed by 17 investors including YZiLabs, BNB Chain, NGC Ventures, HTX, Animoca Brands, and ArkStream Capital, and is led by co-founders Matt Ye (CEO), Fan Sang (CTO), Toby Yu (CFO), and COO Tad Tobar. Specific revenue figures, funding round sizes, valuation, and incorporation jurisdiction are not publicly disclosed.

Name

Lorenzo Protocol

Legal name

Lorenzo Protocol

Website

https://lorenzo-protocol.xyz

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Lorenzo Protocol is a DeFi protocol offering institutional-grade on-chain asset management through tokenized On-Chain Traded Funds, yield-bearing stablecoin products like sUSD1+, and automated yield vaults serving global DeFi users.

Ownership category

akta.pro rank

Product category

Decentralized Finance (DeFi) Asset Management

NAICS

Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Other Financial Investment Activities (5239)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

DeFi Asset Management & On-Chain Index Protocols (FSADAMAK)

akta.pro secondary industries

Yield Aggregators & Strategy Vaults (FSADAMAF), Treasury Management & Corporate Crypto Yield Programs (FSADAHAL)

Keywords

• On-chain asset management
• Tokenized yield funds
• DeFi yield vaults
• Stablecoin yield products
• Quantitative trading strategies

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Yield Management Fees: The protocol generates revenue through yield management fees from its institutional-grade asset management products including sUSD1+ and Lorenzo Earn vault products. The platform takes fees on generated yield from quantitative strategies, yield optimization, and automated rebalancing.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Lorenzo Protocol operates a decentralized on-chain asset management platform that issues yield-bearing tokens (notably sUSD1+) and operates tokenized yield funds built on its proprietary On-Chain Traded Funds (OTF) infrastructure. Its products include sUSD1+ (USD1 yield product), BNB+ OTF (institutional-grade BNB yield via a quadruple yield engine), and Lorenzo Earn yield vaults that package quantitative trading strategies into tradable, composable DeFi assets with automated NAV settlement and cross-chain compatibility.

Product overview

Lorenzo Protocol is an institutional-grade on-chain asset management platform offering a unified ecosystem of DeFi yield products. The core offering centers on sUSD1+, a yield-bearing stablecoin that generates returns through quantitative strategies and automated rebalancing. Built on the proprietary On-Chain Traded Funds (OTF) infrastructure, the platform provides Lorenzo Earn yield vaults and BNB+ OTF products that package diversified DeFi strategies into tokenized, tradable assets composable across the DeFi ecosystem. The PoC incentive system further engages the community through Season 2 points, veBANK lock-ups, and yLRZ token rewards.

Differentiator

Problem solved

Functional benefit

Brands

• sUSD1+: Advanced USD1 yield product launched under the Lorenzo Innovative OTF product model — issuing sUSD1+, a yield-bearing token driven by quantitative strategies and automated rebalancing, with institutional-grade risk management ensuring maximum returns.
• BNB+ OTF
• Lorenzo Earn
• Lorenzo OTFs
• Yield Vaults

Products and services

• sUSD1+ (Synthetic USD1+) Advanced USD1 yield product launched under the Lorenzo Innovative OTF product model — a yield-bearing token driven by quantitative strategies and automated rebalancing, with institutional-grade risk management. Unlike standard stablecoins, sUSD1+ employs a fund-like structure where underlying yield is reflected in growing token value, creating seamless wealth accumulation without claiming requirements.
• BNB+ OTF Second On-Chain Traded Fund product featuring a quadruple yield engine for institutional-grade BNB yield, expanding Lorenzo's institutional asset management offerings within the DeFi space.
• Lorenzo Earn Yield optimization product line featuring Yield Vaults that deliver diversified DeFi yield opportunities with professional yield optimization, building DeFi Vaults around USD1 and sUSD1+ through BNB ecosystem partnerships.
• On-Chain Traded Funds (OTF) Platform Proprietary OTF product model enabling seamless creation, management, and investment in tokenized funds, packaging yield strategies into single on-chain assets tradable and composable across DeFi. Features include one-click fund deployment, automated NAV and settlement, regulatory compliance tools, transparent performance tracking, and cross-chain compatibility.

Quantifiable outcome

• 7.22% APY on sUSD1+ yield product
• +1 more outcomes

Segments2 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature7 records

Partnerships

Two partnerships are on record, tiered core.

• World Liberty Financial (WLFI)coreStrategic or Co-development PartnerStrategic partnership with World Liberty Financial positions Lorenzo as the leading USD1 yield product. The partnership enhances sUSD1+ through WLFI's strategic backing, with WLFI launching incentive campaigns (16 million WLFI) to drive USD1 stablecoin adoption across Lorenzo Protocol and other DeFi protocols. The relationship is bidirectional with Lorenzo serving as the primary yield engine for WLFI's USD1 ecosystem.
• BNB ChaincoreTechnology or IntegrationBNB Chain serves as a primary ecosystem for Lorenzo's institutional-grade asset management products. Lorenzo launched BNB+ OTF as its second OTF product featuring a quadruple yield engine for institutional-grade BNB yield, and builds DeFi Vaults around USD1 and sUSD1+ through BNB ecosystem partnerships.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Aave: Dominant DeFi lending protocol that Lorenzo's sUSD1+ integrates with. Indirect peer as the underlying yield source for many of Lorenzo's strategies and a broader incumbent in on-chain yield.
• MakerDAO / Sky: Issuer of DAI/USDS, one of the largest decentralized stablecoin and yield platforms. Comparable in offering stablecoin yield products and operating real-world asset vaults — a much larger incumbent in adjacent DeFi infrastructure.

Direct peers

• Yearn Finance: The original DeFi yield aggregator that pioneered automated yield strategies and vaults. Highly comparable as Lorenzo's Yield Vaults and sUSD1+ directly compete for the same DeFi yield-optimization user base.
• Enzyme Finance: On-chain asset management protocol enabling creation and management of tokenized investment vaults. Directly comparable to Lorenzo's OTF product model for on-chain fund infrastructure.
• Convex Finance: Boosts yields on Curve LP positions and aggregates liquidity. Comparable to Lorenzo as both sit in the DeFi yield-optimization layer, though Convex specializes in Curve liquidity while Lorenzo is broader.
• Pendle Finance: Tokenizes yield-bearing assets into principal and yield tokens (PT/YT), enabling trading of future yield. Highly comparable to Lorenzo's OTF model and sUSD1+ as both package yield exposure into composable tradable instruments.
• Sommelier Finance: DeFi asset management protocol using validator-run strategies to manage yield positions. Comparable to Lorenzo's OTF and yield products, both positioning as on-chain asset management layers.
• Beefy Finance: Multi-chain yield optimizer offering automated vault strategies across many chains. Directly comparable to Lorenzo Earn and Yield Vaults, especially given Lorenzo's multi-chain deployment.

Emerging players

• Stargate Finance: Cross-chain liquidity protocol built on LayerZero. Comparable on the cross-chain asset/composability dimension that Lorenzo markets for its OTF infrastructure.
• Maple Finance: Institutional-focused DeFi credit and yield protocol. Comparable in targeting institutional DeFi users with managed yield products, similar to Lorenzo's positioning around sUSD1+.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/LorenzoProtocol
• LinkedInlinkedin.com/company/lorenzoprotocolxyz

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lorenzo Protocol