
What is Loopring (LRC)?
Loopring, a decentralized exchange (DEX) protocol built on Ethereum, aims to revolutionize the world of decentralized finance (DeFi) by addressing the scalability challenges faced by Ethereum's Layer-1 network. The Loopring protocol utilizes cutting-edge zero-knowledge rollup technology to enable high-throughput, low-cost, and secure trading on decentralized exchanges. The native token of the Loopring ecosystem, LRC, plays a crucial role in the protocol's governance and incentive structure. LRC holders can participate in the decision-making process, vote on proposals, and earn rewards for providing liquidity to the protocol. By staking LRC, users can earn a portion of the trading fees generated on the Loopring DEX, creating a sustainable and rewarding ecosystem for all participants. One of the key advantages of the Loopring protocol is its ability to process a large number of transactions off-chain, while still maintaining the security and decentralization of the Ethereum network. This is achieved through the use of zero-knowledge rollups, which batch multiple transactions into a single transaction on the Ethereum mainnet.
Loopring (LRC) price statistics
As of April 25, 2025, the current price of the LRC token on DEX markets is $0.1051, with a total DEX liquidity TVL of $44,139.38. The LRC token trades on 2 blockchains and 46 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 20 trades (TXNS) with a trading volume of $1,369.92.
Frequently Asked Questions
What is the DEX daily trading volume of Loopring (LRC)?
The total 24-hours trading volume on all DEX exchanges for LRC token is $1,369.92.
What is the DEX TVL (Total Value Locked) of Loopring (LRC)?
The total DEX TVL of Loopring (LRC) is $58,689.57 in the last 24 hours.
What blockchain is the token LRC launched on?
The Loopring LRC token is launched on the Arbitrum and Ethereum.
What is the exchange rate of 1 USD to LRC?
DEX exchange rate of 1 LRC to USD is $0.1049 as of 7:08 AM UTC.
How much LRC can I purchase with 1 USD?
Based on DEX current exchange rate, you can buy 9.530661251689496 LRC for 1 USD.