Loopring

Home Resources About Sign Up

Layer 1 Chains

Bitcoin

Layer 2 Chains

Everychain

About Articles / Resources in Development

Loopring

Loopring ($LRC) is an open protocol for scalable non-custodial exchanges on Ethereum. The Looping protocol smart contracts and zero-knowledge proof circuits allow the building of high-performance DEXes using zkRollup construction.

Quick Facts

Loopring is a Layer 2 blockchain
Loopring is a zkRollup layered on Ethereum. Loopring employs a new consensus mechanism that eliminates miners. Instead, network participants referred to as “ring miners” fill orders, for which they are rewarded in LRC tokens.
Loopring is designed to batch-process thousands of requests off-chain which enables high throughput at low costs. Validating a block of transactions is faster and less costly when using zkRollups and Loopring because less data is included; the network enables 2,025 Trades Per Second
Loopring average Cost Per Swap is 0.25%
Loopring’s White Paper 📄

Technical Specifications

(as of 4/26/22)

Performance Data

Metric	Value
Active Trades Per Second (TPS)	Submit data
Max Theoretical Trades Per Second	2,025
Average Cost Per Swap	0.25%
Block Height	19,805
Environmental Impact	Submit data
Bridges	∙ LayerSwap

Github Activity

Metric	Value
Repository Name	Loopring / protocols
Stars	186
Watchers	59
Forks	36
Contributors	33
Merged Pull Requests	2236
Closed vs Total Issues	349 out of 354

Financial Ecosystem

(as of 4/26/22)

Metric	Value
LRC Price	$0.82
Market Cap	$1.09B
Ecosystem Ranking by Market Cap	#78
Token Trading Volume – 24hr	$110.8M
Total Value Locked (TVL)	$312.12
Liquidity	$8.6M
Number of Active Wallets	Submit data
Number of Unique Addresses	131,315
Circulating Supply	1,329,725,273 LRC
Total Supply	1,373,873,439 LRC
Node Count	Submit data
Inflation Rate	Submit data