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Ronin
(RON)

Ronin is now an Ethereum layer-2 network, and RON is its native gas coin. It began as a gaming sidechain, but its May 2026 migration changed that architecture. Older descriptions of Ronin as a standalone delegated-proof-of-stake chain are therefore historical, not its current operating model.

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What is Ronin?

Ronin is now an Ethereum layer-2 network, and RON is its native gas coin. It began as a gaming sidechain, but its May 2026 migration changed that architecture. Older descriptions of Ronin as a standalone delegated-proof-of-stake chain are therefore historical, not its current operating model.

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Answer sources checked

20 answers source-reviewed with Codex assistance. Reviewed . This review covers the answers, not exchange listings or the rest of the page.

How does Ronin work?

Ronin runs EVM-compatible applications on an OP Stack Ethereum L2, while retaining RON for transaction gas. Sequencing and settlement replace the old sidechain validator model. A quick on-chain confirmation and final settlement on Ethereum are different stages, so they should not be described as identical guarantees.

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Who created Ronin?

Ronin was developed by Sky Mavis, the company behind Axie Infinity, to support blockchain-based games. Its mainnet launched in 2021, and later development brought it onto Ethereum as an L2. Sky Mavis's involvement does not guarantee the reliability or economic success of every game deployed on the network.

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What is Ronin used for?

Where can you buy Ronin?

Check a platform's official RON market and account eligibility before buying; availability varies by region and can change. Verify whether withdrawals deliver native RON on Ronin or a wrapped token elsewhere. The project's acquisition guide is a starting point, not proof that every listed route is currently available to you.

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Ronin exchange reference guides

Before you buy
Public catalogue observations with provider asset-name checks. These do not establish account access, current order execution or withdrawal-network support.
ExchangeObserved pairsCatalogue statusChecked (UTC)Checklist
MEXCRONUSDTMEXC public spot exchange information; API permission is separate from catalogue membership and account access Reported open Check route
BitgetRONUSDTBitget classic public spot catalogue joined to literal names/symbols from the first ten English price-table pages, each bound to its canonical and successful page-specific hydration query. Bounded name coverage, not all price pages or regional/account, contract, funding or withdrawal eligibility. Price presence alone is not a listing. Reported open Check route

How to buy Ronin

Plan your purchase

How much Ronin?

Ronin reference estimate
Price source
USD per RON--Fetching a recent market price...CoinGecko
Estimated RON--No estimate yet

Waiting for a fresh reference price.

Before fees and spread. Rounded display, not network precision or an exchange minimum. This is an estimate, not an exchange order quote.

How much does it cost to buy Ronin?

Your total cost depends on the RON quote, spread, payment method, trading charge and withdrawal route. A bridge or swap can introduce additional network and contract costs. Check the final preview instead of assuming the old sidechain's fee schedule or an advertised game subsidy applies to every purchase.

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Is Ronin a good investment?

RON has price, liquidity, application-demand and technical risks, including those associated with L2 operation and bridges. The 2026 migration changed incentives and removed the old passive staking model; lower announced emissions do not guarantee price appreciation. A game ecosystem can contract independently of token supply. This is not financial advice.

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Compare two order previews

Compare RON received

Use RON credited after buying fees and spread. Extra USD charges must exclude fees already included in the total. Enter 0 only when confirmed.

Order preview amounts

Preview A

Preview B

Which quote delivers more RON?

Enter your order-preview numbers or use the labeled example. Unknown charges are never treated as zero.

Ronin wallets & storage

How do you get a Ronin wallet?

Install Ronin Wallet through the project's official links, create or import an account and select Ronin mainnet. Back up the recovery method before funding it: phrase-based and social-account wallets have different restoration requirements. Confirm that a receiving platform supports the asset and network rather than relying only on matching address text.

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How can you store Ronin securely?

Keep the Ronin recovery phrase or recovery password private and backed up appropriately, and protect the device used for signing. The official guide warns that some lost passwords cannot be recovered by Sky Mavis. Review game and DeFi permissions carefully; wallet access security does not remove contract or bridge risk.

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Sending & cashing out Ronin

Match your networks

For RON, copy the exact network names shown in your apps. This compares your entries, not a verified list of supported networks.

Ronin sending and receiving networks
Enter both network names

Copy the exact network name shown for this asset in each app. No supported-network catalogue is assumed here.

How long does a Ronin transfer take?

RON transfers can appear on Ronin before they reach final settlement on Ethereum. A bridge withdrawal or exchange deposit has additional processing stages and may take longer than a wallet-to-wallet transfer. Follow the transaction status and receiving service's confirmation policy rather than assuming a fixed arrival time.

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How much does it cost to send Ronin?

Ronin transaction gas is paid in RON, even after the Ethereum L2 migration. The amount depends on the action and the network's current fee calculation; an NFT trade or contract call need not cost the same as a simple transfer. Use the wallet estimate and check separately for bridge or platform charges.

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Can you cash out Ronin for real money?

You can cash out only through a route that currently accepts your RON representation and offers an eligible fiat withdrawal method. Check the deposit network, sell quote, account verification and regional restrictions before sending. Swapping into another crypto asset on Ronin is not itself a bank withdrawal.

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Is Ronin traceable?

RON transfers and application interactions are public blockchain activity, not anonymous cash payments. A Ronin explorer can show addresses and transactions, while platforms may associate those addresses with verified accounts. The L2 migration did not turn public transaction records into confidential transfers or erase the need to protect personal information.

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Supply, mining & staking

What is the maximum supply of Ronin?

Ronin's official tokenomics documentation states a maximum total supply of one billion RON. Unlocked allocation is not the same as circulating supply, and the 2026 migration changed reward distribution. Use current supply information for circulation rather than treating the old unlock table as a live market total.

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Can you mine Ronin?

You cannot mine RON using proof-of-work hardware. Ronin now operates as an OP Stack Ethereum L2, and its old sidechain validation system is no longer the current model. Proof of Distribution is a builder-incentive program based on ecosystem activity, not mining or a replacement retail consensus-staking scheme.

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