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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.
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LoopringCoin V2 (LRC) contract address is 0xbbbbca6a901c926f240b89eacb641d8aec7aeafd.
LoopringCoin V2 (LRC) pool was created 5 years ago.
The best way to purchase LoopringCoin V2 is using the ApeSpace Swap feature that automatically finds the cheapest and fastest swap option for you.
The current price of LoopringCoin V2 (LRC) in USD today is $0.1263.
The trading volume of LoopringCoin V2 (LRC) is $2,806.40 in the last 24 hours.
LoopringCoin V2 (LRC) price has a 24-hour high of $0.1288 and its 24-hour low so far is $0.1231.
There is currently $58,585.27 in the LRC / WETH liquidity pool.
LoopringCoin V2 (LRC) has a 0% tax on any buys and a 0% tax on any sells.
LoopringCoin V2 (LRC) currently has 168739 holders.
Market capitalization of LoopringCoin V2 (LRC) is $174M. Market cap is measured by multiplying token price with the circulating supply of LoopringCoin V2 (LRC) tokens.