Loopring (LRC) is a cryptocurrency token that powers Loopring, a decentralized exchange (DEX) built on an Ethereum Layer-2 (L2) solution called zkRollup. This technology enables high-performance trading with low fees, making it attractive for professional traders and market makers Âč.$LRC
*Key Statistics:*
- _Market Capitalization_: $182 million ÂČ
- _Circulating Supply_: 1.37 billion LRC ÂČ
- _Total Supply_: 1.373 billion LRC Âč
- _All-Time High_: $3.75 (Nov 10, 2021) Âč
- _All-Time Low_: $0.01964 (Dec 18, 2019) Âč
*What makes Loopring special?*
Loopring combines centralized order matching with decentralized on-blockchain order settlement, creating a hybrid model that leverages the benefits of both ÂČ. This approach allows for:
- High throughput (up to 2,025 trades per second)
- Low fees (as low as $0.00015 per trade)
- Non-custodial exchange, giving users full control over their assets
*Fees and Revenue:*
Loopring charges various fees, including:
- 0.25% fee for swaps on the L2 AMM
- 1.