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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| RON | -82.86% | N/A | N/A | -93% |
| S&P | +10.51% | +83.8% | +12.94% | +50% |
Ronin is a blockchain network tailored for gaming, specifically serving as the backbone for Axie Infinity. Created by Sky Mavis, it operates as a sidechain to Ethereum, aiming to offer a scalable, low-cost environment for gaming transactions and dApp development. Ronin supports a range of activities within its ecosystem, including the trading of game assets and access to DeFi applications, making it a pivotal technology in the blockchain gaming sector.
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