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  • Render (RNDR)

    10/14/2025 12:00 UTC

    $2.76

    % Today
    -9.37%

    Price Chart

    24H: -1.62% |
    7D: -21.82% |
    30D: -29.46%
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    Render News

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    Overview

    Render (often called the Render Network) is a decentralized marketplace for GPU power. It connects people who need heavy 3D and AI compute with Node Operators who have spare graphics cards. The RNDR token historically powered payments and coordination. Today, the network operates on Solana, and the active token is RENDER, but many users still search for RNDR token info and track the RNDR price as a shorthand for the project. In simple terms, the Render blockchain stack makes it easier and cheaper to render scenes, animations, and AI jobs at scale by tapping a global pool of GPUs.

    Creators upload scenes, set their quality and urgency, and pick a pricing tier. Node Operators complete the work and get paid in tokens. The system is purpose‑built for graphics and AI workloads and integrates directly with OTOY’s OctaneRender software, so artists can move from design to final frames with minimal friction. Thanks to Solana’s speed and low fees, on‑chain settlement and emissions are now native to the network. (rendernetwork.com)

    Price, Market Position, and Liquidity

    As of 10/14/2025 12:00 UTC, Render (RNDR) trades at $2.76 with a -1.62% move over the last 24 hours.
    The market capitalization stands at $1.6B, placing it at rank #88 by market value.
    Daily trading volume is $153M. Render (RNDR) has moved -21.82% over the past seven days and -29.46% across the last 30 days.

    History & Team

    Render’s roots go back to OTOY, a graphics company founded by Jules Urbach. OTOY built OctaneRender, a popular GPU path tracer used in film, VFX, and design. The idea for a decentralized GPU marketplace first appeared in 2009. Render ran a public token sale in October 2017 and a private sale from January to May 2018. The public network launched on April 27, 2020, and RENDER (the Solana token) went live on November 2, 2023. The Render Network Foundation, a non‑profit based in the Cayman Islands, stewards governance and growth. (renderfoundation.com)

    In 2023 the community approved “RNP‑002,” a proposal to move core token operations to Solana for faster throughput and cheaper on‑chain activity. In 2024–2025, major exchanges and the Foundation supported a 1:1 upgrade path from the legacy RNDR (ERC‑20/Polygon) to RENDER (SPL) on Solana, with RNDR on Ethereum remaining a legacy token not maintained for network use. (renderfoundation.com)

    Render has drawn notable backers. Multicoin Capital led a $30M round in December 2021, joined by Alameda Research, Sfermion, the Solana Foundation, and angels including Vinny Lingham and Bill Lee. The funding was aimed at scaling the network and deepening the Web3 media stack. (multicoin.capital)

    Technology & How It Works

    What runs on the Render blockchain stack

    Render’s compute marketplace is built around a few simple steps:

    • Creators export their scenes to ORBX (Octane’s interchange format) from tools like Cinema4D, Blender, Maya, or Unreal Engine. They upload the package in the Render dashboard. Files are encrypted during upload and while stored for the job. (know.rendernetwork.com)
    • The job is priced and queued using Multi‑Tier Pricing (Trusted, Priority, and Economy), which balances speed, security, and cost. Creators choose the tier that fits their deadline and budget. (rendernetwork.com)
    • Node Operators with compatible GPUs pick up tasks. Completed frames are delivered back through the portal, and payment finalizes on chain.

    Under the hood, the network uses OctaneBench Hours (OBh) to standardize compute. For example, 200 OBh roughly equals one hour of an RTX‑class GPU. This makes it easy to estimate costs before you render. (rendernetwork.com)

    From tokens to work credits

    On Solana, the Burn‑Mint Equilibrium (BME) governs economics. Creators burn the base token (RENDER) to mint non‑transferable Render Credits that fund jobs. When work is done, Node Operators receive newly emitted RENDER according to an emissions schedule set by governance. This keeps pricing predictable for users while rewarding supply as demand grows. (know.rendernetwork.com)

    Governance

    The Render DAO process flows through RNPs (Render Network Proposals). After the Solana upgrade, voting moved to Nation.io for wallets like Phantom. RNPs have set the migration plan, emissions schedules, and year‑by‑year adjustments as usage grows. (know.rendernetwork.com)

    Tokenomics & Utility

    Supply and model

    Legacy RNDR was minted with a maximum supply of 536,870,912 tokens (2^29). With the move to RENDER on Solana and the adoption of BME (RNP‑001), the community approved predictable emissions that can raise the theoretical maximum supply over time to 644,245,094, subject to burns from paid jobs. This structure aims to align incentives for creators, node operators, and the wider ecosystem. (know.rendernetwork.com)

    Under BME:

    • Users burn RENDER to create Render Credits (non‑fungible coupons) priced in fiat terms.
    • The protocol mints emissions to reward GPU providers each epoch (initially weekly).
    • Year 1 emissions were 9,126,804 RENDER, split between the network and the Foundation based on RNP‑006 and later updates like RNP‑013 and RNP‑018. (github.com)

    Utility

    • Payment medium for rendering and AI compute via Render Credits.
    • Rewards for Node Operators who supply GPU power.
    • Governance via RNP voting on Solana.
    • Ecosystem incentives for artists, AI clients, and partners through approved emissions budgets.

    Because the project has a long history under the RNDR symbol, people still search for RNDR token and RNDR price; however, active network economics now run through the Solana‑based RENDER token.

    Ecosystem & Use Cases

    Render helps creators in many fields:

    • Film and animation: final‑frame rendering for shorts, ads, and VFX shots at studio quality.
    • Gaming: Unreal Engine pipelines export to ORBX and tap the network for cinematic sequences and high‑fidelity assets. (know.rendernetwork.com)
    • Architecture and design: fast iteration on photoreal interiors, exteriors, and product visuals.
    • VR/AR and advertising: high‑res imagery and sequences for immersive experiences.
    • Scientific visualization: complex simulations that benefit from parallel GPU compute.
    • AI and ML: training and inference tasks that fit GPU nodes in the marketplace.

    On Solana, RENDER can connect more directly with Web3 activity across Render DeFi, NFTs, gaming, and creator tools. The Foundation has highlighted work with Metaplex and on‑chain media rails, opening doors for programmable royalties, token‑gated streaming, and next‑gen digital rights. (medium.com)

    Advantages & Challenges

    Advantages

    • Purpose‑built for graphics and AI: Render marries GPU hardware with artist‑friendly software, giving creators a simple “export, upload, render” flow.
    • Cost and scale: The marketplace taps underused GPUs worldwide, often at lower costs than traditional render farms, especially at the Priority and Economy tiers. (rendernetwork.com)
    • Predictable economics: BME prices jobs in fiat terms while balancing supply and demand through burns and emissions, helping studios and freelancers budget work. (know.rendernetwork.com)
    • Governance in the open: Emissions schedules, upgrades, and incentives are decided via RNPs, with public drafts and votes. (github.com)
    • Deep creator tooling: Native integration with OctaneRender and ORBX keeps pipelines smooth across DCCs like Cinema4D, Blender, Maya, and Unreal. (know.rendernetwork.com)

    Challenges

    • Workflow discipline: High‑quality results still require scene prep, ORBX checks, and occasional re‑renders.
    • Tier trade‑offs: Faster, more secure tiers can cost more; economy tiers are cheaper but may queue longer. (rendernetwork.com)
    • Migration legacy: Some holders still keep RNDR on Ethereum or Polygon; the network’s focus and governance now center on RENDER on Solana. (renderfoundation.com)

    Where to Buy & Wallets

    If you’re researching where to buy RNDR, know that exchanges have largely migrated listings to the Solana‑based RENDER ticker. In the U.S., platforms such as Binance.US and Crypto.com have supported the migration and list RENDER for trading and transfers on Solana. Availability can vary by location and platform. (support.binance.us)

    Self‑custody is straightforward with Solana wallets like Phantom or Solflare, and hardware support via Ledger. After setting up a Solana wallet, you can receive RENDER from an exchange or swap on Solana DEXs and aggregators. If you still hold legacy RNDR (ERC‑20 or Polygon), the official Upgrade Portal provides a 1:1 path to RENDER on Solana. Upgrades are one‑way; governance and emissions occur only with RENDER. (know.rendernetwork.com)

    Note that some platforms announced delistings or migrations of the old RNDR: for example, Coinbase indicated users should migrate RNDR to RENDER using a self‑custody wallet and the official portal. Always confirm the token and network your platform supports before sending. (help.coinbase.com)

    Regulatory & Compliance

    Render’s governance entity is the Render Network Foundation, a Cayman‑based non‑profit. Its remit includes maintaining the core protocol, administering emissions under community‑approved RNPs, and fostering ecosystem growth. As with most utility tokens, “Render regulatory status” can differ by jurisdiction and exchange; the Foundation publishes process updates and FAQs for transparency. (renderfoundation.com)

    On faith‑based screening, many Islamic finance reviewers consider the network’s model acceptable because the token facilitates a real service: paying for GPU rendering and compute between creators and providers. In that sense, Render halal and RNDR shariah compliant are widely used descriptors in community FAQs, reflecting its utility nature and the absence of prohibited industries in the core design. As always, individual scholars or institutions may apply their own standards.

    Future Outlook

    Render’s roadmap continues to center on three themes: scale, usability, and on‑chain economics.

    • Scale: As more GPU suppliers join, the network can take on heavier film, VFX, and AI workloads. Year‑by‑year emissions (e.g., RNP‑018 for 2025 budgets) target balanced growth for node rewards and artist incentives. (github.com)
    • Usability: Expect continued ORBX exporter improvements, tighter DCC integrations, and smoother job management for teams. Render’s Unreal and Cinema4D workflows already shorten the path from creative to final frames. (know.rendernetwork.com)
    • On‑chain economics: With BME live on Solana, burns from paid jobs and scheduled emissions provide a transparent loop between usage and incentives. As network volume grows, governance can calibrate epochs, allocations, and partner programs through RNPs. (know.rendernetwork.com)

    Community events like RenderCon highlight growing interest across VFX, AI, and Web3 creators, with speakers from digital art, studios, and GPU leaders, pointing to a broader creator‑computing economy around the network. (renderfoundation.com)

    Summary

    Render turns spare GPU power into a global utility for artists, studios, and developers. It blends an easy creator workflow (export to ORBX, upload, render) with a market‑based token model on Solana. The RNDR token legacy laid the groundwork; today, the RENDER token and the Burn‑Mint Equilibrium keep costs predictable for users and rewards flowing to Node Operators. Backed by a seasoned team from OTOY and guided by open RNP governance, the Render blockchain stack is positioned for real‑world demand across DeFi‑adjacent creator finance, NFTs, and gaming content pipelines. Whether you’re tracking RNDR price, comparing Render tokenomics, or simply asking where to buy RNDR, the big picture is the same: Render is building practical, on‑chain infrastructure for GPU rendering and AI at internet scale. (know.rendernetwork.com)

    Last Updated: 10/6/2025 12:14 UTC

    Description

    #88

    Render is a decentralized GPU rendering network that uses the Ethereum blockchain to connect artists and studios with GPU providers. Render allows users to create and access high-quality graphics and 3D content with lower costs and higher efficiency.

    Sector: AI & Compute
    Blockchain: Ethereum
    2020
    AI
    DePIN

    Market Data

    Marketcap Rank (#)
    88
    Price ($)
    2.76 -21.82% (7d)
    24h Volume ($)
    153M +139.42% (7d)
    Marketcap ($)
    1.6B
    Fully Diluted Value ($)
    1.8B
    Circulating Supply
    80% HIGH
    24M 420K/506K
    9.1M 62K/171K
    7.2M 315K/355K
    6.6M 240K/289K
    6.5M 38K/3.8K
    5.3M 330K/342K
    5.1M 328K/397K
    4.4M 593K/638K
    3.8M 31K/22K
    2.2M 102K/148K
    1.8M 121K/181K
    1.7M 8.1K/12K
    1.4M 40K/82K
    1.4M 7.6K/15K
    767K 15K/14K
    721K 38K/32K
    559K 15K/23K
    509K 5.1K/5.1K
    290K 4.7K/14K
    166K 4K/4K
    102K 12K/12K
    74K 3K/864
    53K 773/770
    40K 930/4.5K

    Exchange Relationships

    COMPACT
    FULL
    No relationships known yet.

    Important Milestones

    Jul 17, 2025
    Polygon Legacy Deprecated
    Security Incident
    Foundation deprecated the legacy Polygon implementation after unauthorized access to an inactive wallet; opened a direct Polygon‑to‑Solana bridge; no funds lost; advised holders to upgrade promptly.
    Mar 17, 2024
    All‑Time High $13.53
    All-Time High
    Token price reached $13.53 amid AI compute momentum and migration progress, marking the highest recorded level following a strong multi‑month rally.
    Feb 15, 2024
    Coinbase Lists RENDER
    Listing
    Coinbase listed the Solana‑based RENDER token with a RENDER‑USD pair, distinguishing RENDER (SPL) from legacy RNDR (ERC‑20) for deposits, withdrawals, and trading.
    Dec 20, 2023
    BME Emissions Go Live
    Upgrade
    Burn‑Mint Equilibrium emissions activated on Solana; creators burn RENDER for Render Credits while node operators begin receiving scheduled on‑chain emissions each epoch.
    Nov 2, 2023
    Solana Upgrade Completed
    Upgrade
    Render Network completed core infrastructure upgrade from Ethereum to Solana; an Upgrade Assistant opened for 1:1 RNDR to RENDER migrations with incentives to offset bridging costs.
    Apr 26, 2023
    RNP‑002 Solana Approved
    Governance
    Community approved RNP‑002 to expand Layer‑1 to Solana and RNP‑003 for resource allocation, clearing the path for migration and enhanced network operations.
    Dec 21, 2021
    Multicoin Leads $30M
    Funding
    Multicoin Capital led a $30M token round with Alameda Research, Solana Foundation, Sfermion, and angels to scale the network and ecosystem.
    Apr 27, 2020
    Public Network Launch
    Launch
    Public network launched alongside OctaneRender 2020.1, opening peer‑to‑peer GPU rendering to all Octane users after an extended beta.