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Render

RENDER#68

RENDER pays for jobs on a decentralised GPU network for 3D rendering and AI compute.

$1.93
0.50%24h32.68%30d

Market cap
$1B
Volume 24h
$94.06M
All-time high
$13.53
−85.71% from ATH
Circulating supply
518.78M of 644.25M
Liberandum halal verdict
Shariah criteria: 5 pass, 3 caution, 0 fail
Doubtful

Does not clear all 8 Shariah criteria. Needs caution: nature of the asset, gambling (maysir), and excessive uncertainty (gharar).

  • 5 pass
  • 3 caution
  • 0 fail
Scholars disagree
Why it’s doubtful
Verdict history
  1. Doubtful
    Current

    First publication

Verdict history · Render

First publication and every verdict change with its reason.

AI Insight
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Fundamentals, market picture and news will appear here.

About Render

RENDER pays for jobs on a decentralised GPU network for 3D rendering and AI compute.

Render Network is a marketplace for GPU computing power. People with spare graphics cards (node operators) render 3D scenes and run AI workloads for artists, studios and developers. The network was founded in 2017 by OTOY and its CEO Jules Urbach. Since 2023 a non-profit, the Render Network Foundation, has stewarded the network, while OTOY runs rendernetwork.com, the largest service on it.

RENDER is the network's token. It started as RNDR on Ethereum and moved to Solana on 2 November 2023; holders can still upgrade old RNDR through a bridge. Payments follow a 'burn-and-mint' model: jobs are priced in US dollars, the customer burns RENDER worth that amount, and the network separately mints new RENDER each week to reward node operators, grants and Foundation operations. The network charges a 5% fee on completed jobs.

The maximum supply is about 644.2 million RENDER. On 27 September 2026 about 518.8 million were in circulation. New issuance is set each year by community vote: about 5.9 million RENDER a year in 2025 and 2026, half of it for Foundation operations. There is no native staking, so simply holding RENDER earns nothing.

Changes are proposed as Render Network Proposals and decided by token-holder votes. In 2026 the community approved bringing Salad Technologies' distributed GPU network in as a new subnet paid in RENDER. Render also offers Dispersed, a platform that pools its GPUs for AI and general computing.

Key facts

Creator
Jules Urbach (OTOY)
Consensus
Hosted by a company
Max supply
644,245,094 RENDER

What it is used for

  • Paying for 3D rendering jobs (for example Octane, Blender and Cinema 4D scenes)
  • Paying for AI and general GPU compute through Dispersed and partner subnets
  • Rewarding node operators who supply GPU power and stay available for work
  • Voting on Render Network Proposals that set emissions and network changes
  • Exposure through a physically backed exchange-traded product in Europe

Market data

CoinMarketCap · Sep 28, 2026, 12:51 AM UTC
Market cap
$1BRank #68
Fully diluted value
$1.25BAt 644.25M RENDER
Volume 24h
$94.06M9.38% of market cap
Total supply
533.54M RENDERIssued so far
All-time high
$13.53Mar 17, 2024 · −85.71%
All-time low
$0.03666Jun 16, 2020
Circulating supply
518.78M RENDER80.5% of max supply
Max supply
644.25M RENDERFixed by protocol

Where it trades

No exchanges from our coverage trade Render yet

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