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Loopring

Loopring

$0.12
+$0.00511071
+4.53%
• Today

Info

Symbol
LRC
Network
Ethereum
Market Cap
$158M
Total Supply
1.37B
Circulating Supply
1.37B
Max Supply
1.37B
Holders
168.4K
Volume (24h)
$1.7K
-7.25%
Trades (24h)
9
-55.00%
Traders (24h)
9
-47.06%

About

Loopring is a Decentralized Exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup. It has both Automated Market Maker (AMM)-based and orderbook-based exchanges.  zkRollup is an Ethereum L2 scaling solution that migrates computations off the blockchain. Loopring protocol only uses the underlying Ethereum blockchain as a data layer and a verification layer. As a result, Loopring's throughput is as high as 2,025 trades per second compared to Ethereum’s current throughput of 15 transactions per second. The result is that the cost per trade settlement is as small as $0.00015. Loopring's performance is sufficient for professional traders and market makers to deploy algorithmic strategies and other automated trading bots. This was not previously possible on any DEX as it was prohibitively slow and expensive. By building on top of Loopring 3.0, orderbook-based DEXs can be commercially viable for the first time. Loopring expects non-custodial exchanges can begin to outcompete and displace many centralized counterparts.

FAQ

The market capitalization of LRC is $158M as of May 23, 2025.

Market capitalization is calculated by multiplying the current price of LRC by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of LRC is $1.7K as of May 23, 2025.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for LRC.

The total supply of LRC is 1.37B.

The circulating supply, which represents the number of LRC currently available in the market, is 1.37B as of May 23, 2025.

This token has a maximum supply of 1.37B, meaning no more tokens will be created beyond this limit.

LRC can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.