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About REN

Ren (REN) is a cryptocurrency launched in 2018. REN has a current supply of 1,000.00M with 999.33M in circulation. The last known price of REN is 0.020714313794 USD and is -0.000379835198 over the last 24 hours. It is currently trading on active market(s) with $2.65M traded over the last 24 hours. More information can be found at https://renproject.io/.

Official Website

Social Media

REN Price Statistics
REN’s Price Today
24h Price Change
-$0.0003798351981.80%
24h Volume
$2.65M45.60%
24h Low / 24h High
$0.06425657 / $0.06676822
Volume / Market Cap
0.128058885734
Market Dominance
0.00%
Market Rank
#937
REN Market Cap
Market Cap
$20.70M
Fully Diluted Market Cap
$20.71M
REN Price History
7d Low / 7d High
$0.05757481 / $0.06816782
All-Time High
$1.83Feb 20, 2021
All-Time Low
$0.0154769Nov 27, 2018
REN Supply
Circulating Supply
999.33M
Total Supply
1,000.00M
Max Supply
0
Updated Feb 20, 2025 3:52 am
image
REN
Ren
$0.020714313794
$0.000379835198(-1.80%)
Mkt Cap $20.70M
There's nothing here for now

Frequently Asked Questions

  • What Is Ren (REN)?

    Ren (REN) is an open protocol built to provide interoperability and liquidity between different blockchain platforms.

    To learn more about this project, check out our deep dive of Ren.

    Formerly known as Republic Protocol, Ren launched RenVM, its virtual machine mainnet, in May 2020, having completed a $34 million initial coin offering (ICO) in 2018.

    The protocol’s native token, REN, functions as a bond for those running nodes which power RenVM, known as Darknodes.

    Ren aims to expand the interoperability, and hence accessibility, of decentralized finance (DeFi) by removing hurdles involved in liquidity between blockchains.

  • Who Are the Founders of Ren?

    Ren was founded by Taiyang Zhang, its CEO, in 2017. Initially called Republic Protocol, Ren was first announced in January 2018, with Zhang explaining its initial use case as a “decentralized dark pool.”

    Zhang himself has existing experience in the cryptocurrency space, having also co-founded crypto hedge fund Virgil Capital.

    Prior to that, Zhang co-founded Neucode, a software and web development startup, in 2014. Jaz Gulati, Neucode’s other co-founder, now works as a software developer for Ren.

  • What Makes Ren Unique?

    Ren is a complex platform with multiple use cases, but it is ultimately designed to overcome barriers to entry and investment for DeFi projects.

    As a plug-in, it allows DeFi projects to bring foreign cryptocurrency assets such as Bitcoin (BTC) and Zcash (ZEC) to their offerings. More broadly, users can in essence swap any token between any two blockchains without middle steps such as using so-called “wrapped” versions of tokens, for example Wrapped Bitcoin (WBTC) and Wrapped Ethereum (WETH).

    RenVM is a network of virtual computers making up a virtual machine. The machines powering the network which makes up RenVM are called Darknodes.

    Ren charges various fees for internal operations, but most do not go towards direct profitability, instead being paid to miners. As an ERC-20 token, REN also attracts varying gas fees to power transactions.

  • How Many Ren (REN) Coins Are There in Circulation?

    REN has a fixed supply cap of 1 billion (1,000,000,000) tokens. Ren conducted a presale and public token sale in 2018, during which a total of 60.2% of the supply was sold to investors.

    Ren has a reserve fund which was originally allocated 19.9% of the total supply, while another 9.9% was allocated internally to advisors, the team and its founders. Team tokens came with a two-year lock-up period, with a six-month lock-up for advisor allocations.

    Another 10% of the REN supply is specifically intended for activities such as partnerships and development.

    REN is an ERC-20 standard token.

  • How Is the Ren Network Secured?

    RenVM is a byzantine fault-tolerant protocol that facilitates ECDSA threshold key generation and signing via secure mutli-party computation (sMPC). This allows RenVM to securely manage (ECDSA) private keys on different blockchains, making it possible to shift tokens between these blockchains (i.e interoperability).

    The network is currently in phase sub-zero in its pathway to decentralization, for more information on RenVM’s pathway to decentralization, please refer to Ren’s Wiki

  • Where Can You Buy Ren (REN)?

    REN is a freely-tradable token and has a presence on various major exchanges. Of these, Binance and Huobi Global have the largest volume as of October 2020. Pairs include cryptocurrency, fiat and stablecoins.

    Crypto newbie? Read our easy guide to buying Bitcoin and other cryptocurrencies.

  • What is the all-time high price of Ren (REN)?

    The all-time high of REN was 1.83 USD on 2021-02-20, from which the coin is now down 98.86807028448086%. The all-time high price of Ren (REN) is 1.83. The current price of REN is down 98.86807028448086% from its all-time high.

  • How much Ren (REN) is there in circulation?

    As of , there is currently 999.33M REN in circulation. REN has a maximum supply of 0.

  • What is the market cap of Ren (REN)?

    The current market cap of REN is 20.70M. It is calculated by multiplying the current supply of REN by its real-time market price of 0.020714313794.

  • What is the all-time low price of Ren (REN)?

    The all-time low of REN was 0.0154769 , from which the coin is now up 33.840199225943174%. The all-time low price of Ren (REN) is 0.0154769. The current price of REN is up 33.840199225943174% from its all-time low.

  • Is Ren (REN) a good investment?

    Ren (REN) has a market capitalization of $20.70M and is ranked #937 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Ren (REN) price trends and patterns to find the best time to purchase REN.