Renq Finance

RENQ Price

What is Renq Finance about?

RenQ is a community-driven organization that provides a one-stop solution for all kinds 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.

What makes Renq Finance unique?

RenQ enables the creation of entirely new asset classes whose value is derived from blockchain-based 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.

What can Renq Finance be used for?

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. 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.

Where can you buy Renq Finance?

RENQ tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Renq Finance is Uniswap V3 (Ethereum), where the most active trading pair USDT/RENQ has a trading volume of $6.79 in the last 24 hours.

What is the daily trading volume of Renq Finance (RENQ)?

The trading volume of Renq Finance (RENQ) is $13.54 in the last 24 hours, representing a 37.00% 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 Renq Finance (RENQ)?

Renq Finance (RENQ) reached an all-time high of $0.03243 and an all-time low of $0.0001178. It’s now trading -99.50% below that peak and 24.60% above its lowest price.

What is the fully diluted valuation of Renq Finance (RENQ)?

The fully diluted valuation (FDV) of Renq Finance (RENQ) is $146,831. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion RENQ tokens are in circulation today. Depending on how the emission schedule of RENQ tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Renq Finance compare against its peers?

With a price increase of 1.80% in the last 7 days, Renq Finance (RENQ) is underperforming the global cryptocurrency market which is up 11.00%, while underperforming when compared to similar Decentralized Finance (DeFi) cryptocurrencies which are up 15.70%.

How to add Renq Finance (RENQ) to MetaMask?

Adding Renq Finance (RENQ) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import RENQ as a token. You can copy RENQ’s contract address (0xff8c479134a18918059493243943150776cf8cf2) and import it manually, or if you've installed MetaMask's chrome extension, add RENQ to MetaMask with one click on CoinGecko.

Add RENQ to MetaMask.