Loopring Price
LRC
How Much is 1 Loopring (LRC)
Convert LRC to your currency
Last Updated on Dec 19, 2025 04:11 AM
What is Loopring?
About the coin
Loopring is a decentralized exchange (DEX) built on an Ethereum Layer-2 (L2) solution known as zkRollup. It offers both Automated Market Maker (AMM)-based and orderbook-based exchanges, providing a versatile platform for trading digital assets.
Main features
The Loopring protocol leverages zkRollup, an Ethereum L2 scaling solution that shifts computations off the blockchain. This allows Loopring to use the Ethereum blockchain primarily as a data and verification layer. Consequently, Loopring achieves a throughput of up to 2,025 trades per second, significantly surpassing Ethereum's current throughput of 15 transactions per second. This efficiency results in a minimal cost per trade settlement, as low as $0.00015.
How it works
Loopring's high performance enables professional traders and market makers to implement algorithmic strategies and automated trading bots, which was previously unfeasible on any DEX due to speed and cost constraints. By utilizing Loopring 3.0, orderbook-based DEXs can now become commercially viable, allowing non-custodial exchanges to potentially outcompete and replace many centralized counterparts.
Wallet for Loopring
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Tangem supports networks for Loopring
- Ethereum
- Solana
- Arbitrum One
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Loopring FAQ
- Loopring is a crypto asset running on its own blockchain. It supports peer-to-peer transactions and offers features shaped by the project’s technical framework.
- Loopring offers efficient transactions, strong network security, and support for decentralized applications. Its design aims to provide a reliable user experience.
- Yes, both names point to the same token. LRC is just the shorthand symbol used for market and wallet displays.
- You can buy Loopring using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- For long-term safety, move Loopring to a hardware wallet like Tangem, which protects your keys from remote access and malware.
- Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding Loopring is 'Sell'.
- Loopring (LRC) is an Ethereum Layer-2 scaling protocol thatenables the building of decentralized exchanges which rival centralized exchanges in terms of performance.
How to secure Loopring with Tangem Wallet?
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why choose Loopring wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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