Loopring Price Today

Price LRC to USD now is $0.259. Trading volume by 24-hours $25.986,344. Loopring, which_ranked #221 price is up 3.01% in the past 24-hours. Loopring has circulating supply of $0 and have $322.494,815 capitalization. In additional, total supply is $1.245,991,468.

Highest price for Loopring

The all-time high price of LRC is $3.75, the record was set on the 0.

Lowest price for Loopring

LRC all-time low price is $0.02, the record was set on 0.

How much has the price of Loopring changed lately?

7 days ago the price was $0 , this changed the LRC price by -5.31858%

14 days ago the price was $0 , this changed the LRC price by -7.17048%

30 days ago the price was $0 , this changed the LRC price by -24.36935%

60 days ago the price was $0 , this changed the LRC price by -48.17015%

1 days ago the price was $0 , this changed the LRC price by -90.5344%

What is Loopring

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.