Ren(REN)Bridges
~$0.0726
24h:
+1.00%
7d:
+0.76%
30d:
-17.19%
180d:
-23.62%
ATH:
$1.80
ATL:
$0.0155
Market cap (circulating)
$72.65m
-14.41%
Revenue (30d)
$0
Market cap (fully diluted)
$72.65m
-14.55%
Revenue (annualized)
$0
Total value locked
$23.32m
-11.88%
P/F ratio (fully diluted)
Transfer volume (annualized)
$0
-99.01%
P/S ratio (fully diluted)
Fees (30d)
$0
-100.00%
Treasury
Fees (annualized)
$0
-99.01%
Active users (daily) (30d average)
0
-100.0%
Core developers (30d average)
0.40
-33.3%
Code commits (30d sum)
0
-100.0%
About
What is Ren
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.
How does Ren work
Overcollateralized nodes custody and transfer funds between blockchains and receive burn & mint fees from traders (supply-side fees).
Who governs Ren
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.
Key metrics
Daily market cap (fully diluted) vs. daily fees in the past 180 days.
Metrics
| Growth rate | 24h | 7d | 30d | 90d | 180d | 365d |
|---|---|---|---|---|---|---|
| Market cap (fully diluted) | +0.9% | +3.3% | -14.5% | -39.3% | -23.6% | -52.7% |
| Fees | -100.0% | -88.6% | -99.1% | -70.7% |