About Renq Finance
RenQ is a community-driven organization that is established to provide a one stop solution for all kind of traders under one platform in the DeFi world. We aim to empower our users with a comprehensive solution by providing them a platform that has benefits of a centralized exchange and beyond. RenQ's mission is to offer a comprehensive solution that is accessible to all types of traders, from novices to seasoned professionals. At the moment, new users are forced to use centralized exchanges because it is simpler for them to do so. However, with RenQ wallet, new users will be able to enjoy all of the benefits of centralized exchanges while using a decentralized solution. RenQ enables the creation of entirely new asset classes whose value is derived from blockchainbased assets. Financial products such as derivatives and margin trades enable investors to achieve superior portfolio risk management and open up new speculation avenues. In addition, they increase market efficiency for the underlying asset by facilitating price discovery and permitting individuals to express more nuanced opinions on price and volatility. RenQ offers advantages over conventional financial products by eliminating the need for a regulated central clearing house, providing global and equal access, and granting users permanent control over their funds. The derivatives market on existing financial infrastructure is vastly larger than any other market for financial assets. It is estimated to be greater than $1.2 quadrillion, or more than 10 times the global GDP. We believe that as decentralized platforms mature and begin to offer substantial advantages over traditional financial systems, a growing number of traditional assets will be listed on the blockchain. RenQ will provide a number of decentralized protocols that implement a variety of cryptoasset-based financial products.
Trading Insights
Searched
2
Market Stats
Market Cap
Not enough data
FDV
£1.34M
Circ. Supply
Not enough data
Max Supply
1B RENQ
Total Supply
1B RENQ
Diluted Valuation
£1.35M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
£108.16K
7.15%
Volume (7D)
£528.70K
Volume (30D)
£2.58M
All time high
£0.0348
Price Change (1Y)
-34.64%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Renq Finance has increased by 0.04% in the last hour and increased by 0.66% in the past 24 hours. Renq Finance’s price has also risen by 0.14% in the past week. The current price is £0.0013 per RENQ with a 24-hour trading volume of £108.16K. Currently, Renq Finance is valued at 96.13% below its all time high of £0.0348. This all-time high was the highest price paid for Renq Finance since its launch.
The current circulating supply of Renq Finance is 0 RENQ which means that Renq Finance has as total market cap of £0.00.
Market details
RENQ vs markets
↘ 59.3%
RENQ vs BTC
↘ 64.85%
RENQ vs ETH
↘ 30.08%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xff8C479134A18918059493243943150776cF8CF2 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0013 | ↗ 0.66% |
1 Day | £0.0013 | ↗ 0.66% |
1 Week | £0.0013 | ↗ 0.14% |
1 Month | £0.0020 | ↘ 34.83% |
1 Year | £0.0021 | ↘ 34.64% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Renq Finance, often referred to simply as Renq, is a unified platform designed to bridge the gap between the decentralized world of cryptocurrencies and the everyday user. It's a community-driven organization that offers a comprehensive solution in the DeFi (Decentralized Finance) space, aiming to provide the benefits of a centralized exchange and more. The primary goal of Renq is to connect all isolated blockchains, thereby establishing a cross-chain asset exchange network. This network is intended to provide the necessary underlying support for the DeFi ecosystem, ensuring that every digital asset holder can experience a truly safe, free, and transparent DeFi service.
Renq operates as an innovative multi-chain non-custodial decentralized exchange. It offers users the ability to trade directly through the Renq wallet app, which serves as an all-in-one solution for various trading requirements. The platform connects isolated blockchains and provides support for the DeFi ecosystem. One of its standout features is its ability to distribute a single trade transaction across multiple decentralized exchanges (DEXs) to ensure users get the most competitive prices. This is made possible due to Renq's access to liquidity from a variety of exchanges.
Renq Finance boasts several features that make it stand out in the DeFi space:
RENQ is the governance token of Renq Finance. Initially deployed on the Ethereum blockchain as an ERC20 token, it's designed to be bridged across multiple chains post-launch. The token plays a pivotal role in the Renq ecosystem, allowing holders to participate in governance decisions through forum discussions and voting on proposals.
Community involvement is at the heart of Renq's ethos. Governed by its community, Renq encourages active participation through forum discussions. When significant decisions arise, they are put to a vote, allowing RENQ token holders to have a say in the platform's future endeavors.
We update our Renq Finance to GBP currency in real-time. Get the live price of Renq Finance on Coinbase.
The current market cap of Renq Finance is £0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Renq Finance is £0.0348. This all-time high is highest price paid for Renq Finance since it was launched.
Over the last 24 hours, the trading volume of Renq Finance is £108.16K.
Assets that have a similar market cap to Renq Finance include Catana, NuLink, COCOCOIN, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Renq Finance is 0.
Renq Finance calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.