Loopring (LRC) Live Price in Rial and USD – Chart & Market Info
Last Update: Friday 5 December 2025, Time: 12:00 (UTC+3:30)
Market Rank: 352
Market Cap: 69,139,264
24h Volume: 5,294,959
Max Supply: -
Total Supply: 1,373,873,397
Issue Date: 30 August 2017
🔁 Introduction to Loopring (LRC)
Loopring is an open-source, decentralized protocol built on the Ethereum blockchain. It leverages zkRollup technology to enable users to execute fast, secure, and low-cost transactions.
The native token of the protocol, LRC, is an ERC-20 token used for paying transaction fees, staking, participating in governance, and rewarding contributors.
Key Features
- High Scalability: With zkRollup, Loopring can process thousands of transactions per second.
- Low Transaction Fees: By conducting most operations off-chain, transaction costs are significantly reduced.
- Privacy Preservation: zkRollup technology safeguards users' sensitive information.
- Decentralized Governance: LRC holders can participate in decision-making processes regarding protocol development.
Use Cases of LRC
- Paying transaction fees on Loopring-based exchanges
- Staking to secure the network and earn rewards
- Participating in votes on protocol upgrades
Loopring aims to combine the best features of centralized and decentralized exchanges to provide traders with a fast, secure, and user-friendly experience.
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