REN — price, funding and open interest
REN/USDT perpetual on Kraken: price 0.003560, 24h turnover $6K. Updated in real time.
What this is
Connecting blockchainsRen — a protocol for moving coins between networks: it issued wrapped bitcoin on Ethereum and back, and was in its time one of the main bridges of that kind. Its fate is instructive: the RenVM network was closely tied to Alameda Research, and after that collapse in late 2022 the bridge stopped, while the promised new version never replaced the old one. What this shows: the token still trades at a fraction of a cent — a classic coin without a working product, whose price is held up by exchange turnover rather than demand for a service. Before buying such a row it is worth checking not the plans but whether the protocol itself works today.
Chart
Chart built from data of Kraken
What the data shows
REN trades at 0.003560. Over 365 days it ranged between 0.002410 and 0.013000; the price now sits in the lower third of that range — 11% of the way from the yearly low to the high.
Over the day +2.01%, over the hour -0.28%, over the last five minutes -0.84% — the move has only just started.
There is only one venue — Kraken — and no second price source: if it drifted from the market, there would be nothing to notice it by.
NATR is 1.49% on the minute and 2.15% on the hour — price grinds: the hourly range is barely wider than the minute one.
24-hour turnover is $6K — the 61th percentile for the year: a normal level of activity for it.
REN correlation with Bitcoin over 24 hours is -0.18 — it goes its own way, barely looking at Bitcoin.
The daily range is 6.9% and five-minute NATR is 1.64%. That range is in the 43th percentile for the year — an ordinary day for it.
By turnover it ranks 1735 of 1926 instruments in the screener.
By daily range it ranks 762 of 1926.
Built from current numbers and the coin's own year of history. Updates with the data.
How REN behaved before
Tracked since August 2024 — 24 full months, and falling ones prevail: 17 of 24. Median month -8.8%.
Best month — November 2024: +49.0%. Worst — March 2025: -44.3%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now REN is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — connecting blockchains. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.