Re7LRT is a restaked liquid restaking token (LRT) derivative deployed on Base at address 0x84631c0d0081fde56deb72f6de77abbbf6a9f93a. The token’s naming and market activity strongly indicate it represents restaked 7LRT, the liquid restaking token issued by 7 Labs. Rather than circulating in Base-native DEX pools, Re7LRT is primarily used as the underlying asset for Pendle yield-tokenization markets on Ethereum. These markets split the token’s future yield into principal tokens (PT) and yield tokens (YT), with active maturities spanning mid-to-late 2024 and total value locked ranging between $1.8M and $3.4M per market.
Current data shows no Aerodrome liquidity, no vote-market participation, and unverified decimals or USD pricing. This suggests Re7LRT’s utility is narrowly scoped to Pendle’s yield-splitting mechanics rather than Base ecosystem trading or governance. LP operators should independently verify the contract’s cross-chain bridging status and exact yield distribution mechanics before deploying capital, as the token’s primary activity resides on Ethereum despite its Base deployment.