Ronin Network
$71.75
-1.7%(24h)Today
-1.7%
30 Days
-0.9%
Price Change (24h)
-$1.26
Price of Ronin Network Today
The live price of Ronin Network is $71.75 per RON/USD, -1.73% in the last 24 hours. It has a market cap of $39.82M and $482.65M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. RON has a circulating supply of 772.4M.
Current price
$71.7524h high
$75.0724h low
$71.5024h
-1.73%7d
-7.57%30d change
+5.49%RON Market Stats
Rank
#512
By market cap
Market Cap
$39.82M
24h Volume
$482.65M
Across 1 exchanges
FDV
$71.75B
If all tokens were issued
Circulating Supply
772.4M RON
77.2% of max supply issued
Total Supply
1B RON
Max Supply
1B RON
Listed on
1 exchanges
Website & Community
Website
Community
Categories
Smart Contract PlatformGaming (GameFi)NFTLayer 1 (L1)Play To EarnZero Knowledge (ZK)
Where to buy Ronin Network
Ronin Network is available on 4 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Bitget | RONUSDT | $169.81M | Buy RON on Bitget |
| MEXC | RONUSDT | $63.01K | Buy RON on MEXC |
| OKX | RON-USDT | $19.47K | Buy RON on OKX |
| Gate | RON_USDT | $15.51K | Buy RON on Gate |
We may earn a commission when you sign up through these links. This never affects the prices shown.
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People also ask about Ronin Network
What Is Ronin (RON)?
Ronin is an Ethereum-compatible blockchain created specifically for gaming, developed by Sky Mavis, the company behind Axie Infinity. It has been designed to handle high transaction volumes with near-instant finality and minimal fees, making it suitable for games with millions of daily users. The network has processed over $4 billion in NFT volume and supports the Axie Infinity ecosystem, including its DEX Katana, which ranks among the most active decentralized exchanges by weekly users. In its initial period, Ronin achieved significant milestones, including hundreds of thousands of daily active addresses and billions in total value locked.
Who Are the Creators of Ronin?
Ronin was developed by Sky Mavis, the studio behind Axie Infinity. The project is backed by prominent investors such as Accel, a16z, Binance Labs, Animoca Brands, Paradigm, and Libertus, as well as entrepreneur Mark Cuban. The co-founders of Sky Mavis include Jeffrey Zirlin and Alexander Leonard Larsen, who have been instrumental in creating and scaling the Ronin network.
What Makes Ronin Unique?
Ronin stands out due to its proven scalability and focus on gaming. In 2021, it processed 15% of all NFT trading volume and is the primary home for Axie Infinity assets. It ranks second only to Ethereum in NFT sales by volume. Unlike other chains, Ronin is optimized for gaming, with curated applications and minimal spam. It is also more energy-efficient, with a single Bitcoin transaction consuming as much energy as hundreds of millions of Ronin transactions. Backed by Sky Mavis, which has extensive experience in building and scaling Axie Infinity, Ronin offers advisory and grant support to partners.
How Many Ronin (RON) Coins Are There in Circulation?
RON was introduced via a liquidity pool on Katana DEX without a private sale. Its supply is distributed through an incentivized program, with issuance decreasing quarterly. The maximum supply is capped at 1 billion tokens, expected to be fully released over 108 months. Allocation includes 25% for staking and bridge rewards, 30% for community initiatives, 30% for the team at Sky Mavis, and 15% for the ecosystem fund. Detailed tokenomics can be found in the official documentation.
Where Can You Buy Ronin (RON)?
RON can be purchased on the Katana decentralized exchange and on centralized platforms like OKX. For those new to cryptocurrency, guides are available to explain the process of buying RON and other digital assets. It is recommended to consult these resources for step-by-step instructions on acquiring RON.
What is Ronin Network?
Ronin Network (RON) is an Ethereum Virtual Machine-compatible blockchain designed specifically for gaming applications. It was developed by Sky Mavis, the company behind the Web3 game Axie Infinity, which has reportedly generated over $1.3 billion in revenue. The network aims to support high transaction volumes with near-instant processing and minimal fees, and it has handled more than $4 billion in NFT trading volume. Within its initial nine months, Ronin reported 250,000 unique daily active addresses, $5 billion in total value locked, over 2 million wallet downloads, and a claim of 15% of all NFT transactions on the market. Its decentralized exchange, Katana, enables token swaps within the Axie Infinity ecosystem.
The RON token was launched through Katana without private sales, with distribution planned via an incentivized liquidity program. The total supply is capped at 1 billion tokens, with issuance reduced quarterly and fully released 108 months after launch. Allocations include 25% for staking and bridge incentives, 30% for community initiatives, 30% for the Sky Mavis team, and 15% for an ecosystem fund. The network experienced a security incident in March 2022, when approximately 173,600 ETH and 25.5 million USDC were drained from its bridge due to a social engineering attack, prompting Sky Mavis to implement stricter internal security measures and conduct full code reviews.