Loopring (LRC) Live Price in Rial and USD – Chart & Market Info
Last Update: Sunday 14 December 2025, Time: 13:50 (UTC+3:30)
Loopring (LRC) Market Rank: 306
Market Cap: 85,503,677
24h Volume: 105,773,322
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.
Commenting
Write your comment (your email will not be published)
No comments have been posted yet.
