# Ren

> Track Ren's fees, revenue, active users and earnings with daily on-chain data across 7 chains. Compare Ren with other bridges. Updated daily.

Source: [Ren on Token Terminal](https://tokenterminal.com/explorer/projects/ren). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: REN
- Sectors: Bridges
- Chains: arbitrum, avalanche, bsc, ethereum, fantom, optimism, polygon

## About

### What it is

Ren is a non-custodial interoperability protocol built on Ethereum and other blockchains. Ren was founded by Tayiang Zhang & Loong Wang and launched in 2017. Ren is currently only in redeeming-mode, due to their exposure to the effects of Alameda Research's failure.

### Who uses it

REN tokenholders own and govern the protocol. They do not currently take a cut of the total mint/burn fees paid by traders (revenue). Ren's investors include Polychain, FBG Capital, BlockVC, etc.

### How it works

Overcollateralized nodes custody and transfer funds between blockchains and receive burn & mint fees from traders (supply-side fees).

## Metrics

Token Terminal tracks these metrics for Ren daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/ren/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/ren/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/ren/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/ren/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/ren/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/ren/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/ren/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/ren/metrics/token-supply-circulating)
- [Maximum token supply](https://tokenterminal.com/explorer/projects/ren/metrics/token-supply-maximum)
- [Transfer volume](https://tokenterminal.com/explorer/projects/ren/metrics/transfer-volume)
- [Fees](https://tokenterminal.com/explorer/projects/ren/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/ren/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/ren/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/ren/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/ren/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/ren/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/ren/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/ren/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/ren/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/ren/metrics/ps-circulating)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/ren/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/ren/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/ren/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/ren/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/ren/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/ren/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/ren/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/ren/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/ren/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/ren/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/ren/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/ren/metrics/arpu)
- [Take rate](https://tokenterminal.com/explorer/projects/ren/metrics/take-rate)

## Links

- [governance](https://forum.renproject.io/)
- [github](https://github.com/renproject)
- [twitter](https://twitter.com/renprotocol)
- [discord](https://discord.gg/ren)
- [etherscan](https://etherscan.io/address/0x408e41876cccdc0f92210600ef50372656052a38)
- [website](https://renproject.io/)