About Renq Finance
RenQ is a community-driven organization that is established to provide a one stop solution for all kind of traders under one platform in the DeFi world. We aim to empower our users with a comprehensive solution by providing them a platform that has benefits of a centralized exchange and beyond. RenQ's mission is to offer a comprehensive solution that is accessible to all types of traders, from novices to seasoned professionals. At the moment, new users are forced to use centralized exchanges because it is simpler for them to do so. However, with RenQ wallet, new users will be able to enjoy all of the benefits of centralized exchanges while using a decentralized solution. RenQ enables the creation of entirely new asset classes whose value is derived from blockchainbased assets. Financial products such as derivatives and margin trades enable investors to achieve superior portfolio risk management and open up new speculation avenues. In addition, they increase market efficiency for the underlying asset by facilitating price discovery and permitting individuals to express more nuanced opinions on price and volatility. RenQ offers advantages over conventional financial products by eliminating the need for a regulated central clearing house, providing global and equal access, and granting users permanent control over their funds. The derivatives market on existing financial infrastructure is vastly larger than any other market for financial assets. It is estimated to be greater than $1.2 quadrillion, or more than 10 times the global GDP. We believe that as decentralized platforms mature and begin to offer substantial advantages over traditional financial systems, a growing number of traditional assets will be listed on the blockchain. RenQ will provide a number of decentralized protocols that implement a variety of cryptoasset-based financial products.
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Trading Insights
Searched
4
Market Stats
Market Cap
Not enough data
FDV
$3.38M
Circ. Supply
Not enough data
Max Supply
1B RENQ
Total Supply
1B RENQ
Diluted Valuation
$3.38M
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$195.87K
-16.3%
Volume (7D)
$1.70M
Volume (30D)
$5.92M
All time high
$0.0465
Price Change (1Y)
-12.01%
Additional info about Renq Finance
Recent trends
The latest RENQ price is $0.0034. Compared to Renq Finance's value of $0.00 from 24 hours ago, there's been a 1% increase, while the current price is -19% down from $0.00 which was recorded one week ago. Renq Finance's all time high is $0.0465, which was reached on May 24, 2023. This is a -93% change from its price today.
The fully diluted valuation of Renq Finance is $3.38M. The diluted valuation of Renq Finance is $3.38M.
Market details
RENQ vs markets
↘ 33.93%
RENQ vs BTC
↘ 40.73%
RENQ vs ETH
↗ 30.63%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xff8C479134A18918059493243943150776cF8CF2 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0034 | ↗ 1.00% |
1 Day | $0.0033 | ↗ 1.00% |
1 Week | $0.0042 | ↘ 19.03% |
1 Month | $0.0019 | ↗ 74.93% |
1 Year | $0.0038 | ↘ 12.01% |
FAQ
Renq Finance (RENQ) is a community-oriented platform in the decentralized finance (DeFi) sector, aiming to provide a solution for traders of all levels. It seeks to bridge the gap between the simplicity of centralized exchanges and the benefits of decentralized solutions, developing a platform that caters to both novice and experienced traders. The RenQ wallet is designed to provide users with features commonly found in centralized exchanges in a decentralized environment. Furthermore, RenQ facilitates the creation of new asset classes derived from blockchain-based assets, including financial products like derivatives and margin trades. These products could potentially aid in portfolio risk management and provide new avenues for speculation, thereby increasing market efficiency. RenQ's approach could potentially eliminate the need for a regulated central clearing house, aiming for global access and giving users full control over their funds. As decentralized platforms evolve and offer substantial benefits over traditional financial systems, RenQ has the intention to include more traditional assets on the blockchain through its decentralized protocols.
We update our Renq Finance to USD currency in real-time. Get the live price of Renq Finance on Coinbase.
The current market cap of Renq Finance is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Renq Finance is $0.0465. This all-time high is highest price paid for Renq Finance since it was launched.
Over the last 24 hours, the trading volume of Renq Finance is $195.87K.
Assets that have a similar market cap to Renq Finance include Revuto, smolecoin, Yellow Umbrella, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Renq Finance is 0.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.