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View ChartRonin is a specialized Ethereum Virtual Machine (EVM) blockchain built by Sky Mavis to power the popular play-to-earn game Axie Infinity and its broader ecosystem. It is a blockchain designed from the ground up to meet the demanding requirements of blockchain-based games, prioritizing speed, low cost, and a seamless user experience.
Key takeaways:
| Name (Symbol) | Ronin (RON) |
|---|---|
| Also Known As | Ronin Network, Ronin Chain |
| Consensus Mechanism | Delegated Proof-of-Stake (DPoS) |
| Smart Contract | EVM-Compatible |
| Category | Gaming, Layer 2, Sidechain |
| Hash Algorithm | Ethash (EVM-compatible) |
| Block Reward | Variable (from transaction fees and block subsidies) |
| Max Supply | 1,000,000,000 RON |
| TPS (Transactions Per Second) | Up to 100+ (significantly higher than Ethereum mainnet) |
| Scaling Solution | Ethereum Sidechain with dedicated validators |
| Native Blockchain | Ronin (Ethereum sidechain) |
Ronin was created by Sky Mavis, the Vietnamese game studio behind the global phenomenon Axie Infinity. The development was led by Sky Mavis co-founders Trung Nguyen (CEO) and Aleksander Larsen (COO). The primary motivation was to address the critical pain points Axie Infinity faced on the Ethereum mainnet: high gas fees and network congestion, which made the game prohibitively expensive and slow for many users.
To solve this, the Sky Mavis team built Ronin as an application-specific sidechain. It launched in early 2021, initially operating with a Proof-of-Authority consensus managed by a small set of trusted validators, including Sky Mavis itself and its partners. Following a major security breach in March 2022, where the Ronin bridge was hacked for approximately $625 million, Sky Mavis accelerated plans to decentralize the network. This led to the transition to a Delegated Proof-of-Stake (DPoS) system, opening network validation to the public and distributing control more broadly among RON token stakers.
Ronin operates as a dedicated Ethereum sidechain. This means it runs parallel to the Ethereum mainnet but is optimized for specific functions—in this case, gaming. Here's how its core components function:
EVM Compatibility: Ronin is fully compatible with the Ethereum Virtual Machine. This allows developers to easily port their Ethereum-based games, dApps, and smart contracts to Ronin with minimal code changes, leveraging familiar tools like MetaMask (via the Ronin Wallet extension).
Delegated Proof-of-Stake (DPoS) Consensus: The network is secured by validators who produce blocks. RON token holders can stake their tokens to vote for these validators. The top-voted validators (a set number, e.g., 22) become active and are responsible for validating transactions and maintaining the network. This model balances decentralization with the high performance needed for gaming.
Dual-Token Model: Ronin employs a clear economic separation:
Ronin Bridge: A cross-chain bridge allows users to move assets like ETH, USDC, and other tokens between the Ethereum mainnet and the Ronin chain. This is essential for onboarding funds and cashing out earnings.
Ronin's value proposition is deeply tied to its focused design and proven use case:
The RON token has several key utilities within the Ronin ecosystem:
The Ronin ecosystem is strategically evolving beyond its origins as a single-game chain:
Ronin does not use a traditional "mining" process like Proof-of-Work blockchains. Instead, new RON tokens are generated as block rewards for validators and their stakers in the Delegated Proof-of-Stake system. Therefore, the way to "earn" new RON is through staking.
Securing your RON involves standard web3 security practices, with extra attention due to Ronin's gaming focus:
RON is a popular cryptocurrency available on several exchanges. For a secure and liquid trading experience, we recommend using a major exchange like BTCC.
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TradeRonin (RON) is the utility token of the Ronin network, an EVM blockchain built for gaming. Ronin runs on a proof-of-stake model in which validators stake RON to secure the chain and earn rewards, while holders can delegate or stake to share in those rewards. Staking locks tokens out of circulation, which reduces the liquid float available on exchanges and can tighten sell-side pressure.
On the supply side, RON has a maximum supply of 1B, with a large share of tokens released under long vesting schedules for the community, staking, foundation and ecosystem categories. Because issuance is gradual and spread over years, new supply enters the market slowly rather than in one shock.
For long-term price, the combination of staking lock-ups and a capped supply means that demand growth from gaming activity has to compete with a shrinking free float. If network usage rises while more RON is staked, the available supply on the market can decline, which historically supports price. The reverse is also true: heavy unlocks or falling staking participation can add sell pressure.
Ronin is an EVM sidechain to Ethereum optimized for gaming, with near-instant transactions and negligible fees. Low gas costs matter because in-game economies generate millions of small transactions; when fees stay cheap, players actually use the chain instead of leaving for cheaper alternatives. That usage is what drives demand for Ronin (RON), which is used to pay gas and unlock experiences on the network.
Network upgrades expand what developers can build. Ronin supports account abstraction and wallet-first onboarding, and the ecosystem already includes a marketplace, wallet, launchpad and the Katana DEX. As more games and dApps deploy on Ronin, more activity flows through RON, and the token captures value from that growth.
Ecosystem expansion also deepens liquidity and visibility. Ronin is home to Axie Infinity assets such as Axies, Land, SLP and AXS, and it processed 15% of all NFT trading volume in 2021. When TVL, active addresses and game launches rise together, demand for RON tends to follow, while periods of low activity can weigh on price.
A spot ETF is a fund that holds the underlying asset directly and issues shares that trade on a traditional stock exchange. For Ronin (RON), a spot ETF would let institutions and retail investors gain exposure through standard brokerage accounts, without managing wallets or private keys. That removes a major operational barrier for pension funds, asset managers and advisors who cannot custody crypto directly.
Sustained institutional inflows typically raise liquidity, because ETF providers must buy the underlying asset in the open market to back new shares. Deeper liquidity narrows spreads and reduces slippage, which makes RON easier for large players to trade. It also adds legitimacy, since regulated products require custody, audit and compliance standards.
The price-floor effect comes from steady, programmatic buying: when inflows persist, a portion of the free float is effectively removed from active trading. That said, ETF flows can reverse, and RON's price still depends on gaming activity, token unlocks and broader market conditions. Institutional adoption can amplify demand, but it does not remove volatility.
Ronin (RON) and Bitcoin (BTC) serve very different roles. Bitcoin is the original store-of-value and settlement network, while RON is the utility token of Ronin, an EVM blockchain built specifically for gaming. The table below summarizes the core differences.
| Dimension | Ronin (RON) | Bitcoin (BTC) |
|---|---|---|
| Core Positioning | Gaming-focused EVM chain | Digital store of value |
| Supply Model | Capped at 1B, long vesting unlocks | Capped at 21M, halving issuance |
| Consensus | Proof of stake, sidechain to Ethereum | Proof of work |
| Main Use Cases | Gas, staking, in-game assets, dApps | Settlement, reserve asset, payments |
For investors, BTC is generally treated as a lower-volatility macro asset, while RON is a higher-beta bet on gaming adoption. Ronin's value depends on active players, game launches and ecosystem growth, whereas Bitcoin's narrative centres on scarcity and institutional demand. They can play complementary roles in a portfolio rather than competing directly.
On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to any RON/USDT perpetual contract position. SL caps your downside, TP locks in gains, and both can be set before or after the order fills.
Always confirm the trigger price and order type before submitting, and remember that leverage magnifies both gains and losses.
The current price of Ronin (RON) is C$0.087649, with a market cap of C$62.363755M and 24h trading volume of C$2.623848M. The circulating supply is 772.4M (max supply 1B).
These figures update continuously as the market moves, so the numbers you see on a price tracker can differ slightly from exchange quotes. For the most accurate live data, open the RON/USDT perpetual contract page on BTCC and check the real-time order book, mark price and funding rate.
Watching price, market cap and volume together gives a fuller picture: rising volume alongside price often signals real participation, while thin volume can make moves look larger than they are.
Ronin (RON) is influenced by three main layers of drivers.
Because these forces interact, price rarely moves on a single factor alone.
The all-time high of Ronin (RON) is C$6.359295, reached on 2024-03-13 05:35; the all-time low is C$0.064819, recorded on 2026-07-29 20:35.
These two reference points frame the full range RON has traded through since launch. The distance between them shows how volatile gaming tokens can be, and how much the market's view of Ronin has changed across cycles.
To put the current price in context, open the full-cycle chart on BTCC and compare today's level against the ATH and ATL. You can also overlay moving averages and volume to see where buying and selling pressure has historically appeared. Past performance never guarantees future results, so use these levels as reference points rather than predictions.
Reading Ronin (RON) candlesticks starts with the anatomy of a single candle. Each candle shows four prices for its time period: open, high, low and close. The thick body spans the open and close, while the thin wicks show the highest and lowest prices reached. A long body means strong directional pressure; long wicks mean price was rejected at those extremes.
Combine these tools rather than relying on any single one.
You do not need to own Ronin (RON) spot to profit from a price decline. On BTCC, you can short RON/USDT perpetual contracts: open a short position at a high price, then close it (buy back) at a lower price to lock in the price difference as profit.
This gives traders a two-way market. In a bear trend or a pullback, a short position can generate gains while long-only holders are losing value. It also lets you hedge an existing spot holding, offsetting losses in one account with gains in another.
Shorting carries the same leverage risk as going long, but in reverse: if price rises instead of falls, losses can grow quickly. Always set a stop-loss above your entry or above a key resistance level, size the position so a single trade cannot damage your account, and monitor funding rates on the perpetual contract, since they can add to or subtract from your returns over time.
Yes. BTCC offers flexible leverage on RON/USDT perpetual contracts, up to 50x, subject to the platform's risk rules and position-size limits. Higher leverage means a smaller margin deposit controls a larger position, which can amplify returns when the trade goes your way.
The same mechanism magnifies losses. At high leverage, a small adverse move can trigger liquidation and wipe out your margin. This is why risk management matters more than the leverage number itself.
For beginners, starting at 2x to 10x is a practical range. Use a strict stop-loss on every position, keep position size modest relative to your account balance, and avoid adding to a losing trade. As you gain experience and a consistent process, you can adjust leverage to match your strategy and market conditions.
After registering on BTCC, you can switch to Demo Trading mode and receive virtual funds, for example 100,000 USDT, to practice without risking real money. The demo environment uses real Ronin (RON) market data, so prices, charts and order behaviour reflect live conditions.
Use the demo account to rehearse the full workflow: adjusting leverage, choosing margin mode, placing market and limit orders, and setting take-profit and stop-loss levels. You can also test a trailing stop and see how it behaves as price moves.
Because the funds are virtual, mistakes cost nothing. This makes the demo a good place to build habits before going live: sizing positions correctly, always attaching a stop-loss, and avoiding over-leverage. Once your process feels consistent, you can move to real RON/USDT perpetual trading with confidence.
Here is a simple four-step flow to start trading Ronin (RON) on BTCC.
Start with a small position and modest leverage while you learn how RON moves. Always attach a stop-loss, and consider practicing in the demo account first if you are new to perpetual futures.
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