Ronin

Ronin is a Layer 1 blockchain built specifically to serve gaming applications, most notably Axie Infinity, along with other games and products that choose to build on it. RON is the native ecosystem token of that chain, used to pay transaction fees and, over time, to help secure the network. It addresses the problem of high fees and slow throughput that general-purpose blockchains can impose on high-volume gaming activity, targeting game developers and players who need cheap, fast on-chain transactions.

Ronin operates as its own Layer 1 blockchain, meaning it settles transactions on its own ledger rather than relying on another chain for final settlement. The consensus algorithm is not recorded in the available data, so a precise description of how validators are selected and rewarded cannot be given. RON tokens are used to pay gas fees on the network, and the chain also incorporates Zero Knowledge technology according to its category tags, though the specific role of ZK proofs in its architecture is not detailed in the stored data.

Ronin generated 1,810 USD in total fees over the trailing 30 days and 100,976 USD over the trailing 12 months, with fees running at an annualized rate of approximately 22,021.67 USD based on the most recent 30-day window. Those fees declined by 7.84 percent over the last 30 days. The take rate for the trailing 30 days is recorded at 100 percent, meaning the protocol retains all fees it collects, with supply-side revenue for the same period recorded at zero, indicating that none of the fee income was distributed to validators or liquidity providers in that window. The median transaction fee on the most recent full day was 0.000188 USD, reflecting the low-cost environment the chain is designed to provide.