Price Chart

Chart by TradingView

24h Volume$112.24M
7d Avg Daily$159.66M
30d Avg Daily$107.41M
365d Total$31.18B
Volume
$103.9Mavg/day
avg $103.9MMay 8May 15May 22May 29Jun 5

What is Render?

Render Network (RENDER) is a decentralized GPU computing marketplace that connects artists and developers who need graphics rendering or AI inference capacity with GPU owners who supply idle hardware. Originally launched on Ethereum and migrated to Solana in 2023 for lower fees and faster settlement, Render enables users to submit rendering jobs — from 3D animation to generative AI model inference — which are distributed across a global pool of GPU nodes that earn RENDER tokens in return. The project was founded by Jules Urbach, creator of the OctaneRender software, giving it genuine roots in the professional rendering industry.

Render Network's core proposition is that global GPU capacity is chronically under-utilized — gaming rigs, workstations, and data center nodes sit idle for significant portions of time. By tokenizing access to that idle capacity, Render creates a peer-to-peer market where supply and demand can clear more efficiently than centralized cloud providers allow. Jobs submitted to the network are divided into render tiles or inference tasks, distributed to nodes, verified for correctness through a proof-of-render mechanism, and then reassembled. Artists who have historically paid high per-hour costs on centralized GPU clouds (AWS, Google Cloud, or specialized vendors) can access spot capacity at competitive rates. The migration to Solana improved transaction throughput and reduced the gas overhead that made small job settlements inefficient on Ethereum.

Render faces structural risks that any decentralized compute marketplace must navigate. Matching quality-sensitive rendering jobs across heterogeneous hardware (different GPU models, driver versions, memory configurations) introduces consistency challenges that centralized providers resolve through standardization. The verification of render output — ensuring a node delivered correct pixels rather than corrupted frames — requires either trusted comparison renders or costly redundancy. Additionally, RENDER's token value is partially correlated with AI compute hype cycles rather than pure network utilization metrics, creating narrative-driven volatility disconnected from underlying demand. Centralized alternatives (AWS, Google Cloud, CoreWeave) benefit from enterprise contracts, SLAs, and compliance certifications that a decentralized network cannot easily replicate, limiting Render's addressable market to users who can tolerate quality variance.

Reviewed by the 2Bitcoins Editorial Team · Updated . Not financial advice.

Render FAQ

What types of work can be submitted to Render Network?+

Render Network initially focused on GPU-accelerated 3D rendering, particularly jobs using OctaneRender. Since the Solana migration and expansion of the protocol (RNDR v2 / BME model), it has also supported AI inference workloads and general GPU compute tasks. Artists using 3D software pipelines are the primary user base, alongside developers experimenting with decentralized AI inference.

Why did Render migrate from Ethereum to Solana?+

The Ethereum-based settlement model made small rendering job payments economically inefficient due to gas fees. Solana's higher transaction throughput and sub-cent fees allow the network to settle a larger volume of smaller jobs viably. The migration to Solana also aligned Render with a growing Solana DeFi and dApp ecosystem for integration purposes.

How are GPU node operators compensated?+

Node operators earn RENDER tokens for successfully completing and verifying rendering or compute jobs. The Burn-and-Mint Equilibrium (BME) model introduced in the v2 update requires users to burn RENDER to pay for jobs (removing tokens from supply) while new RENDER is minted to reward operators, aiming to create a supply-demand equilibrium tied to network utilization.

Render key numbers

Price (USD)$1.6200
Market cap$839.41M
24h low / high$1.5600 → $1.7400
24h change 5.85%
7d change 18.42%
Circulating supply518.74M RENDER

Where to buy Render

View all exchanges →

Buy RENDER on these trusted exchanges. Ranked by our rating — based on fees, security, features, and user experience.

#1
Binance
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4.4
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Maker 0.08%|Taker 0.1%|340+ coins
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4.4
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NASDAQ-listed, publicly regulated company
Best-in-class regulatory compliance
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Maker 0.6%|Taker 1.2%|240+ coins
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4.5
$10 + bonus
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Maker 0.1%|Taker 0.1%|700+ coins

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Render Markets

#ExchangePairPriceVolume (24h)Trust
1Binance logoBinanceRENDER/USDT$1.6100$14.14M
2Gate logoGateRENDER/USDT$1.6200$4.23M
3OKX logoOKXRENDER/USDT$1.6200$2.57M
4Bitget logoBitgetRENDER/USDT$1.6200$2.30M
5Kraken logoKrakenRENDER/USD$1.6200$1.57M
6Bybit logoBybitRENDER/USDT$1.6200$3.93M
7Coinbase Exchange logoCoinbase ExchangeRENDER/USD$1.6200$4.52M
8Bitbank logoBitbankRENDER/JPY$1.6200$563.78K
9Ourbit logoOurbitRENDER/USDT$1.6200$3.87M
10LBank logoLBankRENDER/USDT$1.6100$2.80M
11Toobit logoToobitRENDER/USDT$1.6200$6.24M
12KuCoin logoKuCoinRENDER/USDT$1.6200$1.07M
13MEXC logoMEXCRENDER/USDT$1.6100$1.34M
14Bitvavo logoBitvavoRENDER/EUR$1.6200$1.18M
15BitKan logoBitKanRENDER/USDT$1.6200$686.20K
16XT.COM logoXT.COMRENDER/USDT$1.6200$3.27M
17Hibt logoHibtRENDER/USDT$1.6200$2.71M
18BitMart logoBitMartRENDER/USDT$1.6200$1.45M
19Bit2Me logoBit2MeRENDER/EUR$1.6200$432.66K
20BingX logoBingXRENDER/USDT$1.6200$556.26K