Ren

Ren

Cross-Chain Liquidity for Bitcoin and Other Tokens

Launch Year
2018
Consensus
Proof of Work (ETH)
Max Supply
1,000,000,000 REN
Block Time
~12 seconds
REN
REN
Ren
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap REN Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Ren Price Chart

REN / USD
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Data by CryptoCompare

About Ren

Ren (REN) is a protocol for bringing cross-chain liquidity to DeFi, most notably through renBTC — a wrapped Bitcoin backed by a decentralized network of Darknodes. Darknodes stake 100,000 REN to operate and earn fees from cross-chain bridging. Ren allows Bitcoin, Zcash, Bitcoin Cash, and other assets to be used in Ethereum DeFi protocols. After FTX's collapse (Ren was owned by Alameda Research), the original Ren network was wound down and a community fork (Ren 2.0) emerged.

History

2018
Republic Protocol rebrands to Ren; $34M raised for cross-chain dark pool protocol
2020
RenVM launches with renBTC, renZEC, renBCH — bringing BTC to Ethereum DeFi
2021
Ren TVL peaks at $1B+ as renBTC becomes a major DeFi wrapped Bitcoin
2022
FTX/Alameda collapse reveals Ren dependency; protocol winds down original network
2023
Community launches Ren 2.0 as open-source fork

How to Swap REN

Swapping Ren (REN) on SyntheticSwap is quick and requires no account or KYC. Since REN is an ERC-20 token on Ethereum, any Ethereum-compatible wallet works — MetaMask, Trust Wallet, Rainbow, or Ledger Live. Open SyntheticSwap, select REN as your source or destination asset, enter your receiving wallet address, and review the floating exchange rate. Once you send REN to the deposit address provided, the destination asset is delivered directly to your wallet. The process is fully non-custodial — SyntheticSwap never holds your tokens at any point.

How to Store REN

REN (ERC-20) is stored in MetaMask, Ledger, or any Ethereum-compatible wallet. Hardware wallets provide cold storage for REN holdings.

Frequently Asked Questions