About Loopring Coin
Loopring price today is $0.419137 with a 24-hour trading volume of $108,288,987. LRC price is up 3.4% in the last 24 hours. It has a circulating supply of 1.2 Billion LRC coins and a max supply of 1.37 Billion. Uniswap (v2) is the current most active market trading it.
What is Loopring?
Loopring is an Ethereum zkRollup protocol – a type of layer 2 scaling solution. Layer 2s are an environment that sits above Ethereum, where transaction throughput can be increased, and transaction cost can be decreased. From a user’s POV, that means faster, cheaper, gas-free transactions. Importantly, zkRollups maintain the complete self-custodial security guarantees of Ethereum.
Loopring is also a collection of products built on top of its open source protocol. These products include a non-custodial exchange (AMM and orderbook), payments, and wallets, powered by Loopring zkRollup.