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RENDER to USDT Converter
1 RENDER = 1.6820 USDT · updated 06:19 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.Render Markets
Render Historical Data
About Render (RENDER)
Render (RENDER) is the token of the Render Network, a marketplace where artists and AI teams rent GPU power from node operators around the world. Instead of relying on a central cloud, they send jobs to the network and pay with RENDER. A not-for-profit, the Render Network Foundation, supports the core protocol and its community. Charts and prices for RENDER here use FMchart's multi-exchange composite in US dollars.
From 3D scenes to AI workloads
The network started with 3D rendering. It supports engines such as OctaneRender, Redshift and Blender Cycles, so artists can spread large jobs across many GPUs in parallel. Generative AI tools from Runway, Black Forest Labs, Luma Labs and Stability AI are also integrated. In December 2025, the foundation launched Dispersed, a GPU computing platform for AI and general workloads that holders approved through proposals RNP-019 and RNP-021.
Burn-mint equilibrium
Render uses a model called burn-mint equilibrium, or BME. Jobs are priced in fiat-equivalent terms, so creators can predict their costs. When a job is done, the RENDER paid for it is burned. At the same time, the protocol mints new RENDER as emissions that reward node operators. Emissions are handed out per epoch, which usually lasts about a week. If burns outpace emissions, supply shrinks; if not, it grows. The design aims to keep job prices predictable for creators while paying operators according to how much the network is used.
Render credits on Solana
The token began as an ERC-20 called RNDR on Ethereum. In November 2023, it was upgraded one for one to RENDER, an SPL token on Solana, to support BME. Holders who have not switched can still upgrade through a tool that uses the Wormhole bridge. On the network, users burn RENDER in exchange for Render Credits. These are non-transferable records of USD value, used to pay for jobs.
Proposals that set the rules
Changes to Render are made through Render Network Proposals, or RNPs, which token holders vote on. The community has used them to adopt BME, set emissions and add new compute services. Under RNP-006 and RNP-018, it set emissions of 9,126,804 RENDER for the first year of BME and 5,905,580 for the second. The second-year figure was about a third lower. RNPs were also how the Dispersed compute platform was approved.
When GPU demand slows
RENDER's value depends on real demand for paid GPU work on the network. If fewer jobs are paid for, fewer tokens are burned while emissions continue. Large cloud providers and other decentralized GPU networks compete for the same artists and AI customers. Prices for GPU time can change quickly as new hardware arrives. The token has also been highly volatile.
Last reviewed: Oct 8, 2026
Render (RENDER) FAQ
What is Render (RENDER)?
RENDER is the token of the Render Network, a decentralized marketplace for GPU computing. Artists and AI teams pay in RENDER to have rendering or AI jobs processed by node operators worldwide. The Render Network Foundation, a not-for-profit, supports the protocol, and holders vote on changes through proposals.
Is RNDR the same as RENDER?
They are the same project, but RNDR is the old token. RNDR was an ERC-20 token on Ethereum, and in November 2023 it was upgraded one for one to RENDER on Solana. Holders who still have RNDR can upgrade through the Render Foundation's tool, which uses the Wormhole bridge.
How does Render's burn-mint equilibrium work?
Under burn-mint equilibrium, jobs are priced in fiat terms and paid in RENDER, which is burned once the work is done. The protocol separately mints new RENDER as emissions to reward node operators, usually each week. When burns exceed emissions, supply falls; when they do not, supply rises.
How much is RENDER worth today?
RENDER trades near $1.6792 on FMchart's composite, which weighs quotes from several exchanges into one dollar value. In the last 24 hours, roughly $5.01M of RENDER moved across the exchanges in FMchart's composite. Solana DEX quotes may sit slightly apart from it.
How many RENDER tokens are in circulation?
Roughly 518,776,241 RENDER are in circulation. The number moves with network use, because RENDER is burned when jobs are paid for and minted as emissions for node operators. At the current price, Render's market cap is about $871.1M, giving it rank 80 among cryptocurrencies.
What is Render's all-time high?
RENDER's highest price on record is $13.53, from Mar 17, 2024, according to market data. Much of its trading since then has happened well under that level, and an old high cannot tell you where the token goes next. The Price Statistics panel also logs the all-time low for comparison.
How has RENDER performed month by month?
In FMchart's composite price history (since July 2024), RENDER posted its best month in November 2024 (+86.4%) and its worst in February 2025 (-34.8%). The remaining months fill the Monthly Returns (USD) table, while the Quarterly Closing Price (USD) table records quarter closes. Swings this large make the history a poor forecasting tool.
What is Dispersed on the Render Network?
Dispersed is a distributed GPU computing platform launched by the Render Network Foundation in December 2025. It pools graphics processors from many locations to serve AI and general-purpose workloads, as an alternative to centralized cloud providers. Token holders approved it through governance proposals RNP-019 and RNP-021.
Is Render a good investment?
That is a personal decision, and FMchart does not give investment advice. Render links its token to paid GPU work and has expanded into AI computing. But it competes with cloud providers and other GPU networks, and emissions continue regardless of demand. The price has been very volatile.
What affects the price of RENDER?
RENDER often moves with the wider crypto market and interest in AI-related tokens. Network-specific drivers include paid demand for rendering and AI jobs and the balance between burns and emissions. New services such as Dispersed, emission votes and GPU competition also count.