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TRX$0.344001 1.3%·
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WBT$86.86 1.2%·
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Render
RANK #83

Render RENDER

SPOT PRICE / USD

$1.86

+2.89% / 24H

MARKET CAP

$964.45M

24H VOLUME

$73.62M

24H HIGH

$1.88

24H LOW

$1.79

7D CHANGE

+42.18%

30D CHANGE

+25.90%

1Y CHANGE

-48.41%

ALL-TIME HIGH

$13.53

CIRCULATING

518.78M RENDER

MAX SUPPLY

644.25M

ATH DROP

-86.26%

ATH DATE

Mar 17, 2024

NETWORK TYPE

Decentralized GPU compute network

SECTOR

Infrastructure

About Render

Render (RENDER) is the token behind the Render Network, a decentralized platform that connects people who need GPU computing power, such as for graphics rendering, with those who have idle GPU capacity to offer. It sits in the decentralized infrastructure and compute category, where value is tied to demand for distributed processing power.

How the Render Network works

The Render Network aims to match demand for GPU-intensive work, like 3D rendering and increasingly other compute-heavy tasks, with a distributed supply of GPU providers. Instead of relying on a single centralized data center, the network coordinates many independent providers. The RENDER token is used within this marketplace to facilitate payments and incentivize participation between those who supply compute and those who consume it.

What RENDER is used for

  • Paying for rendering and GPU compute work on the network.
  • Incentivizing providers who contribute GPU capacity.
  • Coordinating the marketplace between supply and demand for compute.
  • Portfolio exposure to decentralized GPU and compute demand.
Render's value case rests on real demand for distributed GPU power, not just the narrative around it. — CoinRadar Daily analysis

Risks and considerations

RENDER is exposed to crypto market volatility and to the actual adoption of decentralized GPU rendering and compute. Competition from centralized cloud providers and other networks, along with technical execution risk, can affect the project. Tokenomics and network mechanics can change over time. Verify current details through official sources before making decisions.

OFFICIAL SITE ↗

Frequently asked questions

What is Render (RENDER)?+

RENDER is the token of the Render Network, a decentralized platform that connects users needing GPU computing power, such as 3D rendering, with providers of idle GPU capacity.

What is RENDER used for?+

RENDER is used to pay for GPU rendering and compute work on the network and to incentivize providers who contribute capacity to the marketplace.

What are the risks of RENDER?+

Risks include crypto volatility, uncertainty around adoption of decentralized GPU compute, competition from centralized cloud providers, and changing tokenomics.

DATA: COINGECKO · CACHED ~5 MIN · INDICATIVE ONLY · NOT FINANCIAL ADVICE

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