$LRC Loopring (LRC), the native cryptocurrency of the Loopring protocol. Loopring is a decentralized exchange (DEX) and open protocol built on the Ethereum blockchain, designed to enable the creation of high-performance decentralized trading platforms. It uses zkRollup technology, which helps in scaling Ethereum by processing transactions off-chain, allowing for faster and cheaper trades while maintaining the security of the Ethereum network.

LRC tokens are primarily used for staking, governance, and paying for transaction fees within the Loopring network.