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   Loopring : LRC $0.3152095 USD   -0.81%
120 days
7 days
24 hours
1 hour
low: $0.3104705
$0.3258285 :high
ABOUT 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, Looprings 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. Looprings 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.

Links:

Contract Addresses:

CRYPTO INFO
Ethereum Holders: 165464
Arbitrum Holders: 532

Type:
ERC20
FD Market Cap: $433.1 Mil
Avail Supply: 1373873440
Total Supply: 1373873440
EXCHANGE PRICES
Binance: $0.3152
Coinbase: $0.315219
Chainlink: $0.24594207
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