What is Loopring?
Loopring is a modular protocol for building decentralized exchanges on multiple blockchains with smart contract support. The Loopring is also a decentralized automated trading execution system that operates with crypto exchanges and blockchains alike. The project utilizes a mechanism that allows it to split the trading orders in small pieces, exchanging them on multiple exchanges at different times, thus optimizing trading results. It uses hybrid solutions similar to 0x, where order matching is done off-chain and the resulting transactions are recorded on-chain. However, the Loopring protocol uses ring matching where multiple orders are mixed and matched in circular trade. Loopring dismisses standard trading pairs by facilitating up to 16 orders simultaneously. The LRC token is an Ethereum version of a Loopring token, as the project’s transactional currency.
|Current Loopring Price
|Circulating / Total Supply||1,113,403,742 LRC
|Source Code||Code Repository|
ATH Daily Volume
YTD Daily High/Low
Loopring active markets
|Market Ticker||Traded Against||Traded On||Average Price||24h Volume|
|LRC/USDT||Tether||OKEx, DragonEX, Poloniex||0.14915000 USDT||$15,295,427|
|LRC/BTC||Bitcoin||Binance, OKEx, Bitrue, Bilaxy, Bittrex, Bitfinex, upBit Korea, HitBTC, Poloniex, Livecoin||0.00001257 BTC||$5,382,975|
|LRC/ETH||Ethereum||OKEx, Binance, Bitrue, HitBTC||0.00037578 ETH||$1,060,909|
|LRC/KRW||South Korean Won||Bithumb||174.50 KRW||$541,085|
|LRC/INR||Indian Rupee||bitbns||10.99 INR||$118|