Ronin

What Ronin does

Ronin is an Ethereum Layer 2 blockchain built on the OP Stack and operated by Sky Mavis (Singapore, founded 2021), purpose-built for Web3 gaming applications with player-owned economies. The network migrated from an independent Ethereum sidechain to a full L2 on May 12, 2026 (block 55,577,490), integrating with the Optimism Superchain via Conduit (infrastructure), Boundless, and EigenDA (data availability). Core technology includes 2-second block production, ~12-minute L1 finality, Flashblocks sub-second pre-confirmations, EIP-1559 dynamic gas fees, and built-in account abstraction to simplify wallet onboarding.

The product surface spans the Ronin Network and RON native token (used for gas and PoD rewards), the Ronin Wallet (self-custodial browser extension), the Ronin Marketplace (NFT trading and launchpad), Ronin Bridge and Chainlink CCIP Bridge for cross-chain transfers, Katana (a native DEX), the Ronin Developer Console with Hardhat/Foundry SDK support, Ronin VRF for verifiable randomness, Ronin Name Service, and Ronin Multisig Wallet. The Proof of Distribution program distributes 410,958 RON monthly to builders based on on-chain activity to drive legitimate user adoption.

Ronin monetizes primarily via usage-based RON-denominated gas fees and marketplace treasury fees (boosted 2.5x in the May 2026 migration). GTM is product-led and community-led: developers self-onboard via tooling, while end users are funneled through gaming apps such as Axie Infinity, Pixels, Craft World, and Fableborne. Cumulative on-chain activity stands at $14.44B in DEX volume and $4.3B in NFT volume, with roughly $250M total value currently secured and 14,000+ newsletter subscribers.

Name

Ronin

Legal name

Ronin

Website

https://roninchain.com

Company type

Private

Founded year

2021

Operating status

Operating

Short description

Ronin is an OP Stack-based Ethereum Layer 2 blockchain, built and operated by Sky Mavis, that provides low-cost gaming-focused infrastructure (wallet, marketplace, DEX, bridges, developer tools) for Web3 game studios such as Axie Infinity, Pixels, Craft World, and Fableborne.

Ownership category

akta.pro rank

Product category

Layer 2 Blockchain Infrastructure

NAICS

Securities and Commodity Exchanges (52321)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB)

akta.pro secondary industries

In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE), Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF), Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH)

Keywords

• Layer 2 blockchain
• Gaming blockchain platform
• Nft marketplace
• Decentralized exchange
• Crypto wallet infrastructure

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Network Transaction Fees (Gas): Ronin operates as a Layer 2 blockchain infrastructure where users and applications pay transaction fees denominated in RON tokens for on-chain operations. This generates revenue proportional to network activity and usage volume.
2. Proof of Distribution Rewards Program: The Proof of Distribution system distributes 410,958 RON monthly to builders based on on-chain activity, incentivizing ecosystem growth. While not directly a revenue stream for Ronin, it represents the mechanism by which value circulates within the ecosystem, with network activity driving fee collection and builder incentives.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Ronin is an Ethereum Layer 2 blockchain built on the OP Stack, purpose-built for gaming applications with player-owned economies. The network provides 2-second block production, ~12-minute finality, EIP-1559 dynamic gas fees, and built-in account abstraction to enable fast, low-cost, frictionless Web3 gaming experiences. The offering is complemented by a full-stack ecosystem including a native wallet, NFT marketplace, cross-chain bridge, decentralized exchange (Katana), developer console, and the Proof of Distribution builder rewards program.

Product overview

Ronin is an Ethereum Layer 2 blockchain built on the OP Stack, specifically designed for gaming and practical blockchain applications. The ecosystem comprises the core Ronin Network powered by the RON token, supplemented by user-facing products including Ronin Wallet (self-custodial browser extension), Ronin Marketplace (NFT marketplace and launchpad), Ronin Bridge and CCIP Bridge (cross-chain asset transfers), Katana DEX (decentralized exchange), and Ronin Multisig Wallet (multi-party transaction confirmation). Developer tooling includes the Ronin Developer Console (no-code NFT deployment), Ronin Builders Portal with Proof of Distribution (automated builder rewards system), Ronin VRF (verifiable randomness), Flashblocks (pre-confirmation feature), Ronin Faucet (test tokens), and Ronin Sourcify (contract verification). Infrastructure support includes Ronin Block Explorer, Ronin Name Service (domain naming), and Revoke.cash (token approval management). The gaming portfolio includes Axie Infinity, Fableborne, Pixels, and other games operating on the network.

Differentiator

Problem solved

Functional benefit

Brands

• Katana: A decentralized exchange (DEX) operating on the Ronin network.
• Ronin Bridge
• Ronin Wallet
• Ronin Block Explorer
• Ronin Name Service (RNS)
• Ronin Developer Console

Products and services

• Ronin Network Ethereum Layer 2 blockchain built on OP Stack, designed for gaming and practical blockchain applications. Provides ~2-second block times, ~12-minute L1 finality, EIP-1559 gas, and built-in account abstraction.
• RON Token Native utility token used for transaction fee payment (gas), staking rewards, governance participation, and ecosystem rewards distribution on Ronin.
• Ronin Wallet Self-custodial browser extension wallet for the Ronin network, supporting one-click login, account abstraction, and seamless onboarding for Web3 gamers and NFT traders.
• Ronin Marketplace NFT marketplace and launchpad for trading, listing, and primary sales of NFTs on the Ronin network. Includes a 24-hour review process for new collections.
• Ronin Bridge Asset bridge enabling transfers between Ronin and other blockchain networks. Core dApp infrastructure for cross-chain asset movement.
• Katana DEX Decentralized exchange (DEX) operating on the Ronin network, enabling on-chain token swaps for ecosystem participants.
• Ronin Developer Console No-code developer console providing ERC20 and ERC721 contract templates for click-and-deploy NFT deployment, sales, and listings. Integrates with the Sky Mavis suite of products for distribution.
• Ronin Multisig Wallet Multi-signature wallet enabling multiple parties to confirm transactions, providing increased security for treasury and administrative wallet management on Ronin.
• Ronin Block Explorer Real-time blockchain analytics platform for the Ronin network, enabling viewing of blocks, transactions, contract deployments, and on-chain data.
• Ronin Name Service (RNS) Domain naming service for the Ronin network, allowing users to register human-readable names linked to wallet addresses.
• Ronin VRF Verifiable Random Function service providing provably random outputs with cryptographic proofs for generating random token IDs, selecting contest winners, and other randomness-dependent smart contract features.
• Ronin Builders Portal (Proof of Distribution) Builder registration and management portal for Ronin's Proof of Distribution automated reward system. Distributes 410,958 RON monthly to builders based on on-chain activity contributions.
• Ronin Sourcify Smart contract source code verification service using Sourcify, enabling contract verification for trust-building and source code transparency.
• CCIP Bridge Chainlink Cross-Chain Interoperability Protocol (CCIP)-powered bridge for secure token transfers and cross-chain messaging between Ronin and other chains.
• Ronin Stash Token and NFT management portal (formerly Ronin Waypoint) for migrating and managing assets on the Ronin network.

Quantifiable outcome

• $14.44B in all-time DEX trading volume processed on the network
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core.

• OptimismcoreTechnology or Integration · 12 May 2026Ronin migrated to become an Optimism OP Stack-based Ethereum Layer 2 on May 12, 2026, joining the Optimism Superchain ecosystem. This partnership provides Ronin with the technical foundation for its L2 infrastructure, leveraging the OP Stack framework for Ethereum compatibility, security, and interoperability within the Superchain network.
• ConduitcoreTechnology or Integration · 12 May 2026Conduit operates Ronin's Layer 2 infrastructure as a core infrastructure partner. Conduit provides the operational infrastructure layer for deploying and managing Ronin's L2 network, handling the technical operations of block production and network availability as part of the OP Stack ecosystem.
• BoundlesscoreTechnology or Integration · 12 May 2026Boundless is part of the OP Stack ecosystem partnership that Ronin joined upon its migration to Ethereum L2 on May 12, 2026. Boundless provides infrastructure or interoperability services within the Superchain ecosystem, complementing Ronin's L2 positioning.
• EigenDAcoreTechnology or Integration · 12 May 2026EigenDA is a data availability partner within the OP Stack ecosystem that Ronin leverages following its migration to Ethereum L2 on May 12, 2026. EigenDA provides data availability services that support Ronin's L2 scaling capabilities, ensuring secure and efficient data propagation across the network.
• ChainlinkcoreTechnology or IntegrationRonin integrates Chainlink Price Feeds to provide external price data for DeFi and gaming applications built on the network. Chainlink's oracle infrastructure enables reliable, tamper-resistant data for smart contract applications requiring real-world data inputs.
• Pyth NetworkcoreTechnology or IntegrationRonin integrates the Pyth Network oracle for high-frequency price data feeds serving DeFi and gaming applications on the network. Pyth provides institutional-grade market data to Ronin's smart contracts, enabling sophisticated financial products and in-game economies.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Optimism: Optimism is the OP Stack reference chain whose ecosystem Ronin has joined. As a Superchain sibling, Optimism is both an interoperability partner and a competitor for general-purpose L2 liquidity.
• Avalanche: Avalanche's subnets and C-Chain have attracted multiple gaming projects via custom appchains, positioning it as a broad incumbent competing with Ronin for game studio infrastructure relationships.
• Arbitrum: Arbitrum is the largest Ethereum L2 by TVL and is increasingly used for gaming deployments, making it a broad incumbent alternative for game studios evaluating Layer 2 infrastructure.
• Base (Coinbase): Base is a general-purpose OP Stack L2 from Coinbase that is increasingly used for on-chain gaming launches, providing a broader-incumbent alternative with deeper liquidity than gaming-specific chains.

Direct peers

• Immutable: Immutable is a gaming-focused Ethereum L2 (Immutable zkEVM) offering developer tooling, NFT infrastructure, and marketplaces purpose-built for Web3 games — the closest direct competitor to Ronin in the gaming-L2 category.
• Flow (Dapper Labs): Flow is a consumer-focused L1 designed for games and digital collectibles, home to NBA Top Shot and NFL All Day, making it a direct competitor to Ronin in blockchain gaming.
• Polygon Labs: Polygon operates multiple Ethereum scaling solutions (PoS, zkEVM) widely used for Web3 gaming and NFTs, directly competing with Ronin for game studio relationships and developer mindshare.
• Oasys: Oasys is a gaming-optimized L1 blockchain with validator backing from major Japanese game studios (Bandai Namco, Sega, Square Enix), competing with Ronin in the Web3 gaming infrastructure niche.
• SKALE Labs: SKALE is an EVM-compatible network of app-specific chains offering gas-free transactions for gaming and DeFi — comparable to Ronin's user-experience-focused design for gaming.

Regional players

• WAX (Worldwide Asset eXchange): WAX is a purpose-built blockchain for NFTs and gaming that hosts games and digital collectibles, comparable to Ronin's gaming-NFT positioning though with a more niche audience.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Ronin_Network

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ronin