Loopring
ATH / ATL
Monthly Returns heatmap
Heatmap summary
Loopring posted 26 positive months out of 71. The longest positive streak lasted 4 months, while the longest negative streak lasted 8 months.
- Strongest month
- Nov 2021 +337.2%
- Weakest month
- Jan 2022 -52.1%
- Longest positive streak
- 4 Jan 2021 — Apr 2021
- Longest negative streak
- 8 Sep 2025 — Apr 2026
- Luckiest calendar month
- Nov • avg 78.4% • 6 mo.
- Unluckiest calendar month
- Jun • avg -24% • 6 mo.
Networks
Supported exchanges
About the coin
Loopring (LRC) is a cryptocurrency that powers a decentralized exchange protocol designed for high-performance, low-cost transactions.
The core innovation of Loopring lies in its zero-knowledge proofs (zk-SNARKs), which enable it to bundle hundreds of transactions off-chain and then submit a single, verifiable proof on-chain. This approach significantly reduces the gas fees and increases transaction throughput compared to traditional on-chain Ethereum transactions.
Loopring's protocol allows for the creation of decentralized exchanges (DEXs) that can handle a high volume of trades with near-instant settlement. This is achieved through a combination of off-chain order matching and on-chain settlement, leveraging smart contracts for security and finality.
The LRC token plays a vital role within the Loopring ecosystem. It is used for staking by exchange operators to earn fees, for paying transaction fees, and as a medium of exchange within the Loopring network. Staking LRC also incentivizes honest behavior and network security.
Loopring supports multiple blockchain networks, including Ethereum and BNB Smart Chain. On Ethereum, it operates as an ERC-20 token, and on BNB Smart Chain, it is a BEP-20 token, allowing for broader interoperability and accessibility.
Key features of the Loopring protocol include:
- High throughput: Capable of processing a large number of transactions per second.
- Low transaction fees: Significantly reduced costs compared to standard on-chain transactions.
- Enhanced security: Utilizes zero-knowledge proofs for verifiable on-chain settlement.
- Decentralization: Enables the creation of truly decentralized exchanges.
- Interoperability: Supports multiple blockchain networks.
The Loopring protocol is designed to be a foundational layer for a new generation of decentralized finance (DeFi) applications, particularly those requiring efficient trading capabilities.
By abstracting away much of the computational load to off-chain layers while maintaining on-chain security, Loopring aims to bridge the gap between the performance of centralized exchanges and the security of decentralized systems.
The development of Loopring has focused on creating a scalable and cost-effective solution for decentralized trading, which has been a significant challenge in the broader DeFi space.
The LRC token is an integral part of this ecosystem, aligning incentives between protocol operators, users, and token holders.
Loopring's technology is continuously evolving, with ongoing efforts to enhance its scalability, security, and user experience.
The protocol's architecture is built to accommodate future upgrades and optimizations, ensuring its relevance in the rapidly advancing blockchain landscape.
The team behind Loopring is committed to building an open and accessible decentralized trading infrastructure.
Loopring's approach to scalability through zk-SNARKs positions it as a notable project in the pursuit of practical and efficient decentralized applications.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the LRCUSDT market feed.
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