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LRC Loopring thumbnail icon

$0.327 USD

0.00001651 BTC

0.00022750 ETH

Market CapTotal Value LockedDominanceMcap TVL Ratio
$405400622 USD$135053924 USD0.20 %0.360

About Token Loopring thumbnail icon

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.

Coin Statistics

Price Change % 24H2.396%
24H High$0.328
24H Low$0.318
Market Rank99
Market Cap$405400622
Market Change 24H3137326.000%
Market Change 24H %0.780%
Circulating Supply1245991469 lrc
Total Supply1373873437 lrc
Total Value Locked$135053924 USD
Dominance$0.20 USD
Mcap TVL Ratio0.360
All Time High$3.750
All Time High Change %$-91.281%
All Time High Date2021-11-10T14:59:53.000Z

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