CD39<sup>+</sup>CD8<sup>+</sup> T cells are known as tumor-antigen-specific cells among CD8<sup>+</sup> tumor-infiltrating lymphocytes (TILs). However, CD39<sup>+</sup>CD8<sup>+</sup> T cells also reportedly exhibit immunosuppressive activity in hypoxic tumor models. Here, we investigate CD39<sup>+</sup>CD8<sup>+</sup> TILs in clear cell renal cell carcinoma (ccRCC), a Von Hippel-Lindau (VHL) mutation-associated hypoxic tumor. Single-cell analyses confirm that CD39<sup>+</sup>CD8<sup>+</sup> cells are a terminally exhausted subset of tumor-specific CD8<sup>+</sup> TILs. CD39<sup>+</sup>CD8<sup>+</sup> T cell development is directly induced by cAMP and T cell receptor (TCR) signaling. Analysis of a renal cell carcinoma (RCC) cohort reveals that the proportion of CD39<sup>+</sup>CD8<sup>+</sup> TILs is associated with a high tumor mutational burden and hypoxic features. Ex vivo functional assays reveal that CD39<sup>+</sup>CD8<sup>+</sup> TILs exert immunosuppressive activity via ectonucleotidase activity- and adenosine-dependent mechanisms. CD39<sup>+</sup>CD8<sup>+</sup> TIL enrichment predicts poor prognosis in patients with ccRCC yet also predicts favorable treatment responses to anti-programmed cell death protein 1 (PD-1) therapy. This paradoxical prognostic significance in ccRCC is explained by the dual properties of CD39<sup>+</sup>CD8<sup>+</sup> TILs: tumor antigen specificity and immunosuppressive activity.