Loopring
$0.27 +11.97%

Explore the unique features of Loopring, a cryptocurrency with a market capitalization of 375 026 506,82, a 24-hour trading volume of 94 112 408,10, and a circulating supply of 1 366 806 970. Ranked #228 on CoinMarketCap, this cryptocurrency has experienced a change of 1.64% over 1 hour, 11.97% over 24 hours, and 21.54% over 7 days. Visit the official homepage to learn more about its roadmap and development. This cryptocurrency originates from CN, adding a unique cultural and economic perspective to its profile. It was officially launched on August 1, 2017, marking its genesis date.

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.

Get Your Crypto Now!


Information about Loopring

  • Name: Loopring
  • Symbol: LRC
  • Market Capitalization: $375 026 506,82
  • 24h Volume: $94 112 408,10
  • Circulating Supply: 1 366 806 970,19
  • Total Supply: 1 373 873 397,44
  • Max Supply: N/A
  • Number of Market Pairs: 378
  • 1h Change: 1,64%
  • 24h Change: 11,97%
  • 7d Change: 21,54%
  • CoinMarketCap Rank: 228
  • Country of Origin: CN
  • Genesis Date: August 1, 2017


Real-Time Loopring Price Chart



Others Cryptos like Loopring To Discover