Cryptos:

105

Exchanges:

10

Wallets:

108

Marketcap:

$2,398,324,070,246

Volume 24h:

$33,334,732,935

Loopring logo

Loopring

LRC

$0.272

#80

-10

Coin
Overview
Exchanges
Markets
Wallets

$0.272

Price

80

Rank

$371,975,090

Marketcap

$3,604,755

Volume

$0.277

High

$0.269

Low

N/A

Open

N/A

Close

1H

0.39

%

1D

4.08

%

1W

6.13

%

1M

3.36

%

2M

-34.47

%

3M

2.76

%

6M

14.71

%

1Y

-13.75

%

Change 24h

$0.269

$0.277

Low

24H

High

Circulating Supply

1,366,806,970

1,374,513,896

N/A

Loopring`s Historical Data

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Avg
Total
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Avg
Total

About Loopring

Loopring is a decentralized exchange (DEX) protocol that operates on the Ethereum blockchain. It was designed to address some of the major issues with centralized exchanges, such as security vulnerabilities, liquidity constraints, and high fees. By using the Loopring protocol, users can trade cryptocurrencies without relying on a centralized intermediary.

LRC is the native token of the Loopring ecosystem and has several important use cases within the protocol. One of its primary functions is to serve as a medium of exchange for transaction fees. When users trade cryptocurrencies on the Loopring DEX, they can pay trading fees using LRC. This helps to support the ongoing development and maintenance of the protocol.

Another important use case for LRC is governance. The Loopring protocol is designed to be community-driven and decentralized, which means that users have a voice in the decision-making process. LRC holders can participate in governance by voting on proposals and decision-making processes. This gives users more control over the development and evolution of the platform.

Finally, LRC is used for staking and liquidity provision. Users can stake LRC tokens in order to provide liquidity to the Loopring DEX. This helps to support the platform and ensure that there is adequate liquidity for trading. In exchange for providing liquidity, users can earn rewards in the form of LRC tokens.

One of the key advantages of Loopring is its focus on security and decentralization. By using the protocol, users can trade cryptocurrencies without relying on a centralized exchange. This reduces the risk of hacks, theft, and other security issues that can arise with centralized exchanges. Additionally, the use of smart contracts and decentralized technologies ensures that transactions are transparent and tamper-proof.

In summary, Loopring (LRC) is a decentralized exchange protocol that operates on the Ethereum blockchain. LRC is the native token of the ecosystem and is used for transaction fees, governance, staking, and liquidity provision. By using Loopring, users can trade cryptocurrencies without relying on a centralized exchange, which enhances security and reduces the risk of hacking and theft.

Tags

Staking
Spot Trading
Trading
Affiliate
Exchange
DEX
DEX Protocol
DeFI
Infrastructure
API
Fintech
Finance
Decentralized
Layer 2
zkRollup
Scalability
Scarcity
Performance
Scaling
Marketcap

N/A

Max Supply

1,374,513,896

Circulating Supply

1,366,806,970

Left in Circulation

7,706,926

Total Supply

N/A

Birthday
Age

6 Years

Decimals

18

Wallets

25

All Time High

N/A

Date Of ATH

Invalid DateTime

Days Since ATH

NaN

All Time Low

N/A

Date for ATL

Invalid DateTime

Days Since ATL

NaN