About Render (ERC-20)
RNDR is an Ethereum token that powers Render Network, a protocol that enables distributed graphics processing. Using RNDR as the medium of exchange, Render Network connects users looking to render images and video with those who have idle graphics processing power.
Happening now
AI generated 112d ago
RNDR price dropped ↘5% since this morning, accelerating its decline in the last 3 hours.
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Trading Insights
Searched
389
Market Stats
Market Cap
$1.41B
FDV
$1.75B
Circ. Supply
519M RNDR
Max Supply
644M RNDR
Total Supply
533M RNDR
Performance
Popularity
#59
Dominance
0.04%
Volume (24H)
$60.20M
-14.51%
Volume (7D)
$444.95M
Volume (30D)
$1.66B
All time high
$13.61
Price Change (1Y)
-47.98%
Additional details
Market details
RNDR vs markets
↘ 68.78%
RNDR vs BTC
↘ 68.44%
RNDR vs ETH
↘ 66.39%
Tags
art
media
vr-ar
ai-big-data
+12
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x6De037ef9aD2725EB40118Bb1702EBb27e4Aeb24 | |
Polygon | 0x61299774020dA444Af134c82fa83E3810b309991 |
Price history
Time | Price | Change |
|---|---|---|
Today | $2.70 | ↘ 1.64% |
1 Day | $2.74 | ↘ 1.64% |
1 Week | $3.23 | ↘ 15.97% |
1 Month | $3.86 | ↘ 29.78% |
1 Year | $5.21 | ↘ 47.98% |
Coinbase insights
Happening now
AI generated 112d ago
RNDR price dropped ↘5% since this morning, accelerating its decline in the last 3 hours.
Market Position
•
Ranks third in Decentralized AI trading volume, despite ↘33% daily decrease
•
Weekly price performance lags behind category leaders FET and OCEAN
•
Shows resilience with ↘58% yearly decline, outperforming some Decentralized AI peers
Past Stories
Recent trends
The latest RNDR price is $2.70. Compared to Render (ERC-20)'s value of $2.74 from 24 hours ago, there's been a -2% decrease, while the current price is -16% down from $3.23 which was recorded one week ago. Render (ERC-20)'s all time high is $13.61, which was reached on March 17, 2024. This is a -80% change from its price today.
The current circulating supply of Render (ERC-20) is 518,584,616. This is 81% of its max supply of 644,168,762 RNDR and 97% of its total supply of 533,344,789. The market cap is currently $1.41B, which is a result of multiplying the current price of Render (ERC-20)($2.70) by the total supply(533,344,789 RNDR). The fully diluted valuation of Render (ERC-20) is $1.75B. The diluted valuation of Render (ERC-20) is $1.75B.
FAQ
Render (RNDR) is a decentralized GPU rendering network built on the Ethereum blockchain, designed to connect artists and studios needing GPU computing power with providers offering excess capacity. Launched in 2017 by OTOY, Inc. CEO Jules Urbach, RNDR functions as an ERC-20 utility token that facilitates transactions between creators and GPU node operators. The network implements a verification process known as proof of render, ensuring completed work is authenticated before payments are released. This system enables efficient, blockchain-powered rendering services for industries reliant on high-performance computing.
Render allows users to exchange RNDR tokens for GPU compute power through a decentralized network of providers. When a rendering job is initiated, proprietary assets are hashed and sent to GPU nodes for processing. The proof of render system verifies completion before releasing payments, which are held in escrow during the rendering process. To safeguard against unauthorized use, rendered assets remain watermarked until payment is confirmed. This approach streamlines access to GPU computing while ensuring transaction transparency and security within the Ethereum-based framework.
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