• Market Cap
    $2,162.058B -3.36%
  • POW Market Cap
    $1,470.060B -6.99%
  • POS Market Cap
    $230.247B 2.50%
  • Masternodes Market Cap
    $6.817B -0.82%

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.

This data was last updated 2021-05-13 21:32:53 UTC

Details

MarketCap
768.267M
MarketCap 24hr Change
-12.64%
MarketCap Rank
123
Total Supply
1373873440.4425
Circulating Supply
1.246B
Volume
356.094M
ATH
2.4
Launched
2017-08-01

Technical Details

Blockchain
N/A
Consensus
N/A
Staking APR
N/A
Block Time
N/A
Algorithm
N/A
$0.62
-12.39%
$768.267M
Marketcap
$356.094M
Volume
1.374B LRC
Total Supply
1.246B LRC
Circ. Supply
24H
-12.39%
7D
7.80%
30D
-0.34%
Last 7D
7.80%

Official Community