renBTC
RENBTC Price
How is the price of renBTC (RENBTC) calculated?
The price of renBTC (RENBTC) is calculated in real-time by aggregating the latest data across 8 exchanges and 10 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
renBTC Price Chart (RENBTC)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.1% | 11.0% | 21.6% | 19.4% | 28.8% | 78.5% |
RENBTC Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$4,315,783 |
|---|---|
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Market Cap / FDV
The proportion of current market capitalization compares to market capitalization when meeting max supply.
The closer the Mkt Cap/FDV to 1, the closer the current market capitalization to its fully diluted valuation and vice versa. Learn more about Mkt Cap/FDV here. |
1.0 |
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$4,315,783 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$74,832.71 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
304 |
|
Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
304 |
|
Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
304 |
RENBTC Historical Price
| 24h Range | $14,056.24 – $16,375.63 |
|---|---|
| 7d Range | $14,081.92 – $18,087.02 |
| All-Time High |
$102,983
86.2%
Dec 16, 2024 (4 months)
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| All-Time Low |
$2,235.69
534.5%
Jan 21, 2024 (about 1 year)
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How do you feel about RENBTC today?
What is renBTC?
renBTC is a synthetic asset that represents the value of bitcoin and it is created by the Ren protocol. renBTC allows for bitcoin transfers to be conducted quicker on the Ethereum blockchain and opens up the possibility for bitcoin to be used in the Ethereum ecosystem.
Bitcoin is held in custody by a network of decentralized nodes; it can be converted to renBTC and vice versa easily.
What is the Ren protocol?
Ren Protocol is a permissionless and trustless protocol that allows users to transfer tokens across different blockchains. The Ren protocol is powered by a network of computers called Darknodes, which helps facilitate user generated transactions.
More specifically, Darknodes contribute their network bandwidth, computational power, and storage capacity to power the Ren protocol.
What are some benefits of renBTC?
renBTC helps transfer the value of bitcoin to the Ethereum network so that bitcoin holders can take advantage of the major decentralized finance (DeFi) applications that are currently limited to the Ethereum blockchain.
Although there are other synthetic assets that help bridge the value of bitcoin to the Ethereum network such as WBTC, renBTC differentiates itself from WBTC through some of its features.
renBTC offers three main value propositions: it is trustless, no Know Your Customer (KYC) procedure is required, and assets are stored by decentralized custodians. When users mint renBTC, they are not required to reveal any personal information.
Instead of having a sole custodian to store users' bitcoin, it is securely stored within a network of Darknodes. The design of the system guarantees that users could confidently redeem their bitcoin or mint renBTC at all times.
How to mint renBTC?
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Visit RenBridge to start minting renBTC
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Under the “Select asset” tab, select BTC. Currently, Ren protocol only supports Bitcoin, Zcash and Bitcoin Cash
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Insert your Ethereum wallet address in the “Destination wallet” tab
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Review details and confirm transaction
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Send your bitcoin to the wallet address given
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After 6 block confirmations, your bitcoin will be converted to renBTC and it will be automatically transferred to your Ethereum wallet address.
What are other ways to acquire renBTC?
Besides directly minting renBTC, users may also purchase renBTC from any decentralized exchange such as Curve, Uniswap, or SushiSwap.
Where can you buy renBTC?
RENBTC tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade renBTC is Curve (Ethereum), where the most active trading pair RENBTC/WBTC has a trading volume of $28,603.14 in the last 24 hours. Other popular options include Uniswap V2 (Ethereum) and Sushiswap.
What is the daily trading volume of renBTC (RENBTC)?
The trading volume of renBTC (RENBTC) is $74,832.71 in the last 24 hours, representing a 2,970.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for renBTC (RENBTC)?
renBTC (RENBTC) reached an all-time high of BTC1.8753 and an all-time low of BTC0.04433. It’s now trading -86.20% below that peak and 534.50% above its lowest price.
What is the market cap of renBTC (RENBTC)?
Market capitalization of renBTC (RENBTC) is BTC51.0424 and is ranked #1959 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of RENBTC tokens (300 tokens are tradable on the market today).
What is the fully diluted valuation of renBTC (RENBTC)?
The fully diluted valuation (FDV) of renBTC (RENBTC) is BTC51.0424. This is a statistical representation of the maximum market cap, assuming the maximum number of 300 RENBTC tokens are in circulation today. Depending on how the emission schedule of RENBTC tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of renBTC compare against its peers?
With a price decline of -21.60% in the last 7 days, renBTC (RENBTC) is underperforming the global cryptocurrency market which is down -4.10%, while underperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.
How to add renBTC (RENBTC) to MetaMask?
Adding renBTC (RENBTC) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import RENBTC as a token. You can copy RENBTC’s contract address (0xeb4c2781e4eba804ce9a9803c67d0893436bb27d) and import it manually, or if you've installed MetaMask's chrome extension, add RENBTC to MetaMask with one click on CoinGecko.
Add RENBTC to MetaMask.
renBTC Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
DEX
|
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$14,218.43 | 0.6% | $40,326 | $40,205 | $28,603.00 | 38.23% |
Recently
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| 2 |
DEX
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$14,169.46 | 0.61% | $1,770 | $1,765 | $33,335.00 | 44.55% |
Recently
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| 3 |
DEX
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$14,178.97 | 0.6% | $22,467 | $22,399 | $5,406.00 | 7.23% |
Recently
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| 4 |
DEX
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$14,126.85 | 0.61% | $1,172 | $1,168 | $3,092.00 | 4.13% |
Recently
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| 5 |
DEX
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$14,084.62 | 0.68% | $78 | $78 | $2,867.00 | 3.83% |
Recently
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| 6 |
DEX
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$14,166.87 | 0.75% | $55 | $55 | $1,517.00 | 2.03% |
Recently
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| 7 |
DEX
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$17,295.78 | 0.7% | $42 | $49 | $19.00 | 0.03% |
Recently
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| 8 |
DEX
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$84,232.07 | 0.61% | $2,308 | $2,301 | $1.00 | 0.0% |
Recently
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| 9 |
DEX
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$97,586.13 | 0.6% | $12,635 | $12,597 | $4.00 | 0.01% |
Recently
Anomaly - Trading price or volume is an outlier against the average
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| 10 |
DEX
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$84,783.52 | 0.61% | $540 | $539 | $86.00 | 0.12% |
Recently
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