Render

OTOY, led by CEO Jules Urbach, founded the Render Network in 2017 and in 2023 passed stewardship to the Render Network Foundation, a non-profit based in Grand Cayman. Changes go through public Render Network Proposals on GitHub decided by token voting; 23 proposals were listed, including RNP-022 on year-3 emissions (December 2025) and RNP-023, which brings Salad Technologies in as a third subnet. OTOY still operates the largest service on the network, rendernetwork.com, so the network depends heavily on one company.

• Render Network Foundation: FAQ
• Render Network Proposals (RNPs) on GitHub
• RNP-023: Proposal for the Salad Network to migrate to RENDER

The 21Shares Render ETP was listed on 25 November 2024; it is physically backed, with RENDER held in cold storage by Coinbase Custody, and charges a 2.50% fee. No US exchange-traded fund is recorded in the sources. RENDER is on the National Bank of Kazakhstan's April 2026 list of authorised unsecured digital assets. Data is insufficient on the share of supply held by insiders, the Foundation treasury or the largest addresses.

• 21Shares Render ETP (RNDR)
• List of authorized unsecured digital assets (National Bank of Kazakhstan)

Under the Burn-and-Mint Equilibrium, jobs are priced in US dollars and the client burns the same dollar value of RENDER; the network separately mints rewards each epoch. The maximum supply is 644,245,094 RENDER; CoinGecko reported about 533.54 million total and 518.78 million circulating on 27 September 2026. Year-3 emissions under RNP-022 are 5.9 million RENDER, of which 2.9 million (50%) goes to operations, R&D and growth, with unused Foundation emissions kept in its treasury. The Solana mint and freeze authorities have not been revoked. There is no native staking, so holding RENDER earns nothing.

• RNP-001: Burn-and-Mint Equilibrium
• RNP-022: Year 3 of BME Emissions Allocations
• CoinGecko API: Render (render-token)
• Solscan: RENDER token

The Foundation's dashboard reports 5,600 nodes joined since inception, but data is insufficient on current job volume, fees and burns from a primary source. Node operators earn 15K RENDER a week for jobs and 2.8K RENDER a week for availability under RNP-022. The network charges a 5% fee on completed jobs. Under RNP-023, Salad Technologies, which describes about 60,000 daily active GPUs, is to join as a subnet paid in RENDER, with 60% of its container revenue burned; full integration was still to come in mid-2026. Trading is led by derivatives: futures were about 79% of RENDER volume on Binance and Bybit in a one-day snapshot.

• Render Network Dashboard
• RNP-022: Year 3 of BME Emissions Allocations
• RNP-023: Proposal for the Salad Network to migrate to RENDER
• Binance Futures API: RENDERUSDT 24h ticker