Prices: CoinGecko

Render

RENDER · Field entry
Storage & computeAIInfrastructure

A marketplace that rents idle GPUs for 3D rendering and, more recently, AI workloads

$1.992.44%Snapshot · October 4, 2026 · updates live
Market cap
$1.03B
24h volume
$46.69M
Rank
#79
Circulating
518.78M RENDER
Max supply
644.25M RENDER
All-time high
$13.53 March 17, 2024

RENDER price chart

7-day snapshot. Chart data from CoinGecko.

What is Render?

Render Network connects artists and studios who need GPU power with people who have spare graphics cards. Jobs are priced in dollars but paid by burning RENDER, while node operators earn newly minted RENDER. In 2025 the network added Dispersed, a separate offering aimed at AI compute.

Utility Lens

What Render actually does

Rents distributed GPU power for 3D rendering and AI jobs, settled in RENDER.

Real-world usage
growingThe network has served paying rendering customers for years and is adding AI compute, but the AI side is newer and smaller.
Token necessity
integralJob payments are settled by burning RENDER and operators earn it, though customers think in dollar prices.
Decentralization
limitedGPU supply is distributed, but the Foundation manages emissions and node onboarding and OTOY software dominates the rendering pipeline.
Track record
longThe project dates to a 2017 token sale and has run a live rendering service since then, with a major token migration to Solana in 2023.

How we rate

What it’s used for

3D artists submit rendering jobs, largely through OTOY's OctaneRender, and node operators process them on their GPUs. Creators pay a fiat-denominated price that is settled by burning RENDER, and operators are rewarded from scheduled emissions. Dispersed extends the same GPU supply to AI training and inference customers.

Role of the RENDER token:

paymentsgovernancebuyback burn

Evidence of real use

  • Under the burn-and-mint equilibrium model, creators pay for jobs in RENDER, which is burned, while operators are paid from scheduled emissions. Source
  • Render Network reported 2025 emissions of 5,637,150 RENDER and the launch of its Dispersed AI compute network. Source
  • The token migrated from Ethereum (RNDR) to Solana (RENDER) with burn-and-mint emissions going live after governance vote RNP-001. Source

The AI angle

AI role
compute marketplace
What actually happens
Render's core business is GPU rendering for 3D artists, and since 2025 its Dispersed offering also rents GPU time for AI training and inference. Payments for real jobs are settled by burning RENDER, so the token is tied to actual compute purchases. The AI side is newer and smaller than the rendering side.

AI crypto, explained

How Render works

Render is a two-sided market. On one side are creators who need heavy GPU work, such as 3D scenes rendered in OctaneRender. On the other are node operators with spare GPUs. The network splits jobs among nodes, checks the output, and returns finished frames to the creator. Operators are graded on reliability and speed, which affects how much work they receive.

Since the move to Solana, payments follow a burn-and-mint equilibrium. Jobs carry a dollar-based price; the creator's payment is converted to RENDER and burned. Separately, the network mints RENDER on a declining, governance-approved schedule and pays it to node operators and ecosystem programs each epoch. If burns exceed emissions over time, supply shrinks; if not, it grows. This design keeps job prices stable for artists even when the token price moves.

Dispersed is the network's push into AI. It offers GPU capacity for model training, fine-tuning and inference, drawing on the same distributed supply. Render Network Proposals (RNPs) let RENDER holders vote on changes such as emissions schedules and new compute products. Like the rendering side, Dispersed draws on independent GPU owners rather than a single data center, which can lower costs but also means performance varies by node. The Render Network Foundation publishes regular reports on emissions and spending, which helps outsiders follow how tokens are used.

Key moments

  1. 2017Render, founded by OTOY CEO Jules Urbach, holds its first public RNDR token sale in October.
  2. 2023The community passes RNP-001 and the token migrates from Ethereum to Solana as RENDER under burn-and-mint emissions.
  3. 2025Render launches Dispersed, a dedicated distributed GPU offering for AI compute.

Supply

RENDER is minted on a declining emissions schedule set by governance proposals and paid to operators and ecosystem programs each epoch. Every paid job burns RENDER equal to its dollar price. Net supply change depends on whether job burns outpace scheduled emissions.

Risks to understand

  • Emissions currently fund much of the network's activity; net burn depends on job demand growing.
  • Competition from other GPU networks and from large cloud providers is intense.
  • Heavy reliance on OTOY software and the Foundation creates central points of control.
  • Consumer GPUs can be unsuitable for some large AI training jobs, which limits the AI market it can serve.

Render FAQ

What is the difference between RNDR and RENDER?

RNDR was the original Ethereum token. After a 2023 governance vote, the network moved to Solana and the token became RENDER.

Is Render an AI coin?

It started as a 3D rendering network. It now also rents GPU power for AI through Dispersed, so it has a real but secondary AI role.

How does RENDER get burned?

Creators pay a dollar-based price for each job, and the equivalent RENDER is burned when the work is done.

Sources

  1. Burn Mint Equilibrium — Render Network Knowledge Base
  2. 2025 annual financial overview & network milestones — Render Network
  3. Update: RENDER burn mint equilibrium emissions are live — Render Network
  4. Press resources — Render Network Foundation

Last reviewed October 4, 2026 by The Crypto Guide editorial team. Utility Lens ratings are editorial judgments, not investment advice. Market data from CoinGecko. Spot an error? Request a correction.