Loopring current market price is $0.105 with a 24 hour trading volume of $14.16M. The total available supply of Loopring is 1.37B LRC with a maximum supply of 1.37B LRC. It has secured Rank 391 in the cryptocurrency market with a marketcap of $131.04M. The LRC price is 0.64% up in the last one hour.
The high price of the Loopring is $0.114 and low price is $0.104 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
391
$0.105
$131.04M 3.39%
$144.49M
$14.16M
1.25B LRC
1.37B LRC
1.37B LRC
$0.114
$0.104
$3.75 97.19%
10 Nov 2021
$0.0196 437.09%
18 Dec 2019
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0.64%
3.81%
15.01%
10.12%
13.18%
3.17%
13.76%
59.3%
No historical data available for .
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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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