Render Price Tracker (RENDER) & Whale Tracker

What is Render

Render is a marketplace for graphics-processing power. Artists, studios and, increasingly, AI developers who need GPUs to render images, animations or train models submit jobs to the network, and operators with idle graphics cards do the work for payment in the RENDER token. It was created by Jules Urbach, founder of the graphics software company OTOY, whose OctaneRender engine is used in film, television and design, and the network launched in 2020.

RENDER, formerly RNDR, is the payment and coordination token. Clients buy render credits priced in dollars, the network converts the payment into RENDER, and node operators earn tokens in proportion to the work they complete. The live price, market cap and supply at the top of this page refresh automatically.

Render belongs to the decentralised physical infrastructure sector, alongside projects such as Filecoin and Helium, and became one of its best-known names as the AI boom made GPU access scarce and expensive.

How Render works

A creator exports a scene from OctaneRender, or from compatible tools such as Blender and Redshift, and uploads it to the Render Network with the resolution, frame range and quality they need. The job is split into frames and distributed across node operators, who render them and return the output. Jobs are watermarked until payment clears, and reputation scores determine which operators receive priority and higher-tier work.

Pricing is in tiers, with faster or more reliable nodes charging more, and clients pay in dollar-denominated credits so that token price swings do not change the cost of a job. The network moved from Ethereum to Solana in November 2023 to cut transaction costs and speed up settlement.

The token model is called burn-and-mint equilibrium. Payments for work are burned, and a fixed schedule of new RENDER is minted each period and distributed to node operators and other contributors, so demand for rendering reduces supply while the mint provides predictable rewards. Since 2024 the network has expanded into AI compute, letting operators serve machine-learning inference and generative-AI workloads alongside rendering.

Supply and tokenomics

RENDER has a maximum supply of about 644 million tokens, set when the burn-and-mint model was adopted in 2023 and the token migrated to Solana. The original RNDR supply of around 537 million was carried over, with the additional tokens reserved for the mint schedule that rewards operators over the following years. Early allocations to OTOY, the team and investors have long since vested.

Node operators receive the periodic mint, and as rendering demand burns tokens the net supply change depends on usage. Governance runs through Render Network Proposals, in which token holders vote on parameters such as the mint rate and new workloads. The Render Foundation administers the network.

History and milestones

OTOY announced the Render Network in 2017 and ran a public sale of RNDR that year, with the network opening to users in 2020 during the pandemic-era demand for remote rendering. Hollywood-adjacent work gave it credibility: OctaneRender had been used on productions for Marvel, HBO and major studios, and Urbach's connections brought advisers such as the director J.J. Abrams and the musician Beeple's collaborators into the ecosystem.

The 2023 AI wave, the burn-and-mint upgrade and the Solana migration sent RENDER from under half a dollar to an all-time high above 13 dollars in March 2024. Apple featured OctaneRender in its hardware keynotes, and Render added AI inference partners and integrations with Stability AI tools. In 2025 the network continued to broaden from rendering toward general GPU compute, with node operators running AI models for third parties.

What people use Render for

Visual effects artists, architects, motion designers and independent animators use the network for jobs that would take days on a single workstation or cost far more on a cloud GPU service. Large-scale projects such as immersive venue visuals and music-video effects have been rendered through it. The dollar-priced credits make it easy for studios to budget. Because jobs are split into frames and spread across many machines, a sequence that would tie up one workstation for a week can come back in hours, which is the practical reason studios on deadline try the network first.

Operators with gaming or workstation GPUs use it to earn from idle hardware. AI developers are the growing segment, using the network for inference and image generation where centralised cloud capacity is scarce. For RENDER holders, the token is a bet on decentralised GPU demand and on the burn rate rising with it.

Where to buy and trade Render

RENDER is listed on Coinbase, Binance, Kraken, OKX, Bybit, KuCoin and most other exchanges against the dollar and major stablecoins. Exchange-traded products tracking it exist in Europe. Grayscale has offered exposure through a decentralised AI fund.

The token lives on Solana, so Phantom, Solflare and Backpack wallets hold it and Jupiter trades it on-chain. An older Ethereum version exists for holders who have not migrated; the official bridge converts it. When withdrawing from an exchange, choose the Solana network.

Risks to understand

Render competes with centralised cloud providers, with other decentralised compute networks such as Akash and io.net, and with the falling cost of GPUs themselves. Network revenue is small relative to the token's market cap, so the price reflects expectations more than current burns. The project's ties to OTOY concentrate key decisions in one company.

RENDER fell more than 70 percent from its 2024 high before recovering, and the AI narrative that drives it can turn quickly. This page is a reference for the data above, not investment advice.

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