Loopring (LRC) is a Layer-2 scaling solution for Ethereum that enables decentralized trading protocols and high-frequency transactions with low fees. As of Oct 06, 2026, it trades at $0.010299 with a market cap of $12.83M, ranking #953 among tracked cryptocurrencies.
It utilizes zk-rollup technology to enhance scalability and security in the DeFi space. Source: CoinPaprika.com
What is the LRC token used for?
The LRC token is associated with building and executing smart contracts, ethereum (eth) token (erc-20), marketplace, trading & investing, layer 2 (l2), zero knowledge (zk), decentralized exchange (dex), decentralized finance (DeFi) applications, and exchange, based on the tags CoinPaprika applies to Loopring.
Loopring history and key milestones
Loopring started on Aug 06, 2016, CoinPaprika's price data for it begins on Aug 30, 2017, and it reached an all-time high of $3.7757 on Nov 10, 2021.