Loopring

Loopring PriceLRC

₹0.948188
-₹0.048475-4.86%

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Loopring Price Today

Current LRC/INR real-time price is ₹0.948188, with a 24-hour change rate of -4.86% and a 7-day change rate of +2.16%. LRC currently ranks #846 globally by market cap, with a total market cap of ₹130.982702Cr, a fully diluted valuation (FDV) of ₹131.505941Cr, and a 24-hour trading volume of ₹17.568569Cr. In terms of supply, LRC has a maximum supply of ∞, a current circulating supply of 136.84Cr, with 99.60% already in circulation and 0.40% remaining to be unlocked.

About Loopring

What is Loopring (LRC)?

Loopring (LRC) is the Ethereum-based cryptocurrency token of Loopring, an open-source Layer 2 protocol built to make Ethereum faster and cheaper through advanced zero-knowledge rollups, specifically zkRollups and zkSNARK rollup technology. The protocol was designed to support scalable, non-custodial decentralized exchanges by combining centralized order matching with decentralized on-blockchain settlement. LRC is an ERC-20 token with a fixed supply of approximately 1.37 billion coins. Loopring was founded in 2017 and first deployed on the Ethereum mainnet in December 2019. According to the official Loopring website, the project has shut down and is no longer operational, a critical status update for anyone researching LRC today.

Key Specifications & Tokenomics

  • Name: Loopring
  • Ticker / Symbol: LRC
  • Consensus / Architecture: Ethereum Layer 2, zkRollup (zero-knowledge rollup), zkSNARK rollup technology
  • Smart Contracts: Ethereum mainnet, first deployed December 2019
  • Category: Decentralized Exchange (DEX) Token, Zero Knowledge Proofs, Solana Ecosystem
  • Token Type: ERC-20, fixed-supply token
  • Total Supply: 1.37B LRC
  • Circulating Supply: Approximately 1.36B LRC
  • Max Supply: 1.37B LRC
  • Launch Year: 2017
  • CertiK Rating: 4.2
  • Explorers: etherscan.io
  • Official Website: https://loopring.org
  • Whitepaper: https://github.com/Loopring/protocols/blob/master/packages/loopring_v3/DESIGN.md

Who created Loopring?

Loopring was founded by Daniel Wang, who served as Founder and CEO of the Loopring Foundation, the entity managing the development of the Loopring protocol. Wang is a software engineer and entrepreneur based in Shanghai, China. He holds a bachelor's degree in computer science from the University of Science and Technology of China and a master's degree in the same field from Arizona State University. His prior experience includes roles as lead software engineer at Boston Scientific, senior director of engineering for search, recommendation and ads systems at JD.com, and tech lead and senior software engineer at Google. He also worked for Nuance Communications and ran a centralized exchange called Coin Port in 2014. Steve Guo served as Loopring CTO. Detailed public information on the broader core team is currently limited.

How does Loopring work?

Loopring operates as an open Layer 2 protocol on Ethereum that uses zero-knowledge rollups to bundle transactions off-chain and settle them on-chain. Its smart contracts and zero-knowledge proof circuits allow multiple exchanges to mix and match orders, handle off-chain order matching, and conduct on-chain transaction clearing and payments. This architecture delivers higher throughput and lower settlement costs without sacrificing Ethereum-level security guarantees. Traders using Loopring never have to deposit funds into an exchange to begin trading, as funds always remain in user wallets and are never frozen by orders. The network functions as a gas-free route for users to deposit and withdraw Ethereum-based assets, with fees that may go as low as one-hundredth of an Ethereum transaction cost. Loopring is blockchain-agnostic and can run on any public blockchain that wishes to integrate it.

What makes Loopring unique and valuable?

Loopring's primary distinction is its hybrid model, combining centralized order matching with decentralized on-blockchain order settlement to capture the best aspects of both exchange types. It shields traders from counterparty risk and reduces trading costs while preserving complete user autonomy over funds. The protocol's zkRollup design enables trades at a fraction of the cost of Ethereum directly. Loopring also pursued cross-chain compatibility beyond Ethereum and contributed to the evolution of the DeFi ecosystem by offering functional, easy-to-use decentralized trading solutions. Its collaboration with the blockchain association at the University of California, Berkeley, further extended its academic and research reach. These attributes made Loopring a notable infrastructure project during the Layer 2 scaling wave.

What is Loopring used for?

LRC serves several key utilities within the Loopring protocol. It is used for staking, protocol fees, and as a bond that DEXes can post to follow protocol-defined behavior. In the original economic structure, LRC stakers who locked up tokens for a minimum of 90 days earned fees from the protocol. Under the revised economic structure introduced in January 2021, protocol fees are distributed as 80% to liquidity providers on Loopring order books and automated market makers, 10% to insurers, and 10% to Loopring's decentralized autonomous organization. LRC holders can also participate in governance through the DAO. The token is transferable on Ethereum as a standard ERC-20 asset.

How Is the Loopring ecosystem developing?

Loopring's most prominent ecosystem development came in March 2022, when video game retail company GameStop announced it had built its new NFT marketplace atop the Loopring Layer-2 protocol. Loopring served as the underlying infrastructure for the NFT platform developed by GameStop, and following the announcement the value of LRC rose significantly to $3.83, its highest level ever. The project also established a significant collaboration with the blockchain association at the University of California, Berkeley, and sought to extend cross-chain compatibility to run on blockchains in addition to Ethereum. However, the official Loopring website now states that Loopring has shut down and is no longer operational, meaning the ecosystem is no longer actively developing.

How to mine Loopring?

LRC is not a mineable proof-of-work cryptocurrency. It is an ERC-20 token issued on Ethereum with a fixed supply, so there is no mining process for generating new LRC. Instead, token holders could previously participate in staking, where LRC was locked up for a minimum of 90 days to earn protocol fees under the original economic model. Following the January 2021 economic restructure, protocol fees were redirected to liquidity providers, insurers, and the Loopring DAO rather than directly to stakers. Given that the project has shut down and is no longer operational, staking and protocol-based reward mechanisms are no longer active.

How to keep your Loopring Coin safe?

Because LRC is an ERC-20 token on Ethereum, it can be stored in any wallet that supports Ethereum-based assets, including self-custody wallets where you control your own private keys. Hardware wallets offer strong protection against online threats by keeping keys offline. Always back up your seed phrase and store it securely offline, never share it with anyone, and be cautious of phishing sites and fake wallet applications. Since Loopring's smart contracts and protocol are no longer operational, users should be especially careful about interacting with any third-party platforms claiming to offer Loopring-related services. Verify contract addresses directly on etherscan.io before approving any transactions, and consider moving assets to secure, well-reviewed wallets for long-term holding.

How to buy Loopring Coin?

LRC is an established cryptocurrency that may be listed on select exchanges. For a secure and liquid trading experience, using a major regulated platform like BTCC is recommended.

  • Register a BTCC Account: Sign up using your email or mobile number and complete the KYC verification to unlock more features and benefits of the platform.
  • Deposit Funds: Deposit fiat currency via bank transfer, card, or third-party payment, or transfer USDT from an external wallet into your BTCC account.
  • Start Trading: Go to the trading page and search for the spot trading pair LRC/USDT or the perpetual contract LRCUSDT.
  • Place an Order: Enter the amount of LRC you wish to purchase and submit the order. For contract trading, you can also choose to go short and adjust the leverage multiplier according to your strategy and risk tolerance.
  • Confirm Your Purchase: For spot purchases, check your personal account to see if the coins have arrived. For contract trades, check the trading page to see if your order was filled successfully.

How to Buy and Use Loopring

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsLoopring is instantly credited to your BTCC account, ready for trading at any time.

Related Trading

Choose Loopring products that suit your trading style

Thank you for your interest in BTCC. Currently, spot and futures trading services for LRC are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Loopring FAQs

How did LRC staking and the January 2021 fee distribution model affect Loopring's supply and price?

Loopring (LRC) has a fixed supply capped at roughly 1.375 billion tokens, so no new LRC is minted through staking. Instead, staking was a demand-side mechanism: holders locked LRC to earn a share of protocol fees, which reduced the freely tradable float.

In January 2021, Loopring revised its economic structure. Under the old model, stakers who locked tokens for at least 90 days earned protocol fees. The new model redirected fees as 80% to liquidity providers on order books and AMMs, 10% to insurers, and 10% to the Loopring DAO.

Because supply is fixed, any price effect came from demand and float, not issuance. Staking lock-ups and fee-sharing could tighten circulating supply and support price during periods of active Layer 2 trading, while weaker DEX activity reduced that support. Note that Loopring has since shut down and is no longer operational.

How did Loopring's zkRollup Layer 2 upgrades and low gas fees impact LRC's value?

Loopring (LRC) is an open Layer 2 protocol on Ethereum built around zkRollup technology. Its smart contracts and zero-knowledge proof circuits let high-performance DEXes batch trades off-chain while settling on-chain, preserving Ethereum-level security with higher throughput and lower settlement costs.

Because the protocol offered a gas-free route to deposit and withdraw Ethereum-based assets, fees could fall as low as 1/100th of a standard Ethereum transaction cost. Lower fees and faster execution were meant to attract DEX and AMM activity, which in turn drove demand for LRC through staking and fee-sharing.

In practice, that demand never reached mass adoption. The Loopring Layer 2 relayer and its DEX and AMM services have been shut down, and the project is no longer operational, so the expected value accrual to LRC did not materialize.

Will a Loopring LRC spot ETF or institutional adoption bring money into the token?

A spot ETF would be a regulated fund holding the underlying asset, letting traditional brokerage and retirement accounts gain exposure without managing wallets. For Loopring (LRC), sustained institutional inflows would typically deepen liquidity, improve legitimacy, and create a steadier price floor.

However, no Loopring spot ETF exists, and the practical path is closed: Loopring has shut down and is no longer operational. Its Layer 2 relayer, DEX, and AMM services were taken offline on June 29, 2026, with the team citing an inability to achieve mass adoption.

Without a live protocol, there is no operating business for an issuer to package, and institutional adoption of LRC as a Layer 2 DEX token is highly unlikely. Any remaining LRC trading reflects legacy market activity rather than new fundamental inflows.

How does Loopring LRC compare to Bitcoin as a Layer 2 DEX token investment?

Loopring (LRC) and Bitcoin (BTC) sit at opposite ends of the crypto risk spectrum. LRC was an Ethereum-based Layer 2 DEX token with a fixed supply, while BTC is the largest, most liquid crypto asset and a widely held store-of-value and macro hedge.

DimensionLoopring (LRC)Bitcoin (BTC)
Core PositioningLayer 2 DEX protocol tokenDigital store of value
Supply ModelFixed, ~1.375B capFixed, 21M cap
ConsensuszkRollup on EthereumProof of Work
Main Use CasesStaking, DEX fees, AMMsSettlement, reserve asset

BTC trades on deep global markets and is the default institutional allocation. LRC was a small-cap, high-beta bet on Ethereum Layer 2 adoption, and Loopring has since shut down, making it a legacy asset rather than a going concern.

How do I set stop-loss and take-profit orders when trading LRC futures?

On BTCC, LRC/USDT perpetual contracts support stop-loss (SL) and take-profit (TP) orders so you can define risk before entering. Place them from the order panel or directly on the position after it opens.

  • Long: set SL below a key support level, the recent swing low, or a moving average; set TP near the next resistance zone.
  • Short: set SL above a key resistance level; set TP near the nearest support zone.
  • Trailing stop: use it to lock in profits as price moves your way, and move the SL to break-even once the trade is in profit.

Always confirm the trigger price and order type before submitting, and remember that leverage magnifies both gains and losses. For beginners, keep position size small and never trade without a stop-loss.

What is Loopring LRC's current price, market cap, and 24-hour trading volume?

The current price of Loopring (LRC) is ₹0.948188, with a market cap of ₹130.982702Cr and 24h trading volume of ₹17.568569Cr. The circulating supply is 136.84Cr (max supply ∞).

These figures update in real time as orders are matched across global markets, so short-term moves can differ from any snapshot. For the most accurate live data, open the LRC/USDT perpetual contract page on BTCC and check the live order book, funding rate, and recent trades.

What are the core drivers behind Loopring LRC's price movements?

Loopring (LRC) price is shaped by three layers of drivers:

  • Supply side: staking lock-ups that reduce float, the fixed ~1.375 billion supply cap, and exchange reserves of LRC.
  • Ecosystem: DEX and AMM activity on the Loopring Layer 2, total value locked, and usage from integrations such as the GameStop NFT marketplace built on the protocol in March 2022.
  • Macro: Federal Reserve rate decisions, global liquidity conditions, ETF net flows, and regulatory news across the crypto market.

Because LRC is a small-cap Layer 2 DEX token, it is highly sensitive to risk appetite and to Ethereum gas and scaling trends. Note that Loopring has since shut down, so protocol-driven demand has effectively ended.

What is Loopring LRC's all-time high and all-time low price?

The all-time high of Loopring (LRC) is ₹367.94268, reached on 2021-11-10 12:20; the all-time low is ₹0.727343, recorded on 2026-08-19 11:05.

Comparing the two extremes shows the full drawdown of LRC across its market cycle, from the 2021 peak to the lows after the project wound down. You can inspect the full-cycle chart on BTCC to view historical price action, volume, and key turning points for LRC.

How do I read a Loopring LRC candlestick chart for futures trading?

A LRC candlestick packs four prices for each time interval: open, high, low, and close. The thick body spans open to close, while the thin wicks show the session high and low. A long lower wick suggests buyers defended the low; a long upper wick suggests sellers capped the high.

  • Support and resistance: zones where price previously reversed or stalled; they act as reference levels for entries, stops, and targets.
  • Moving averages: MA and EMA smooth price to reveal trend direction; price above a rising MA is generally bullish.
  • RSI: above 70 is often read as overbought, below 30 as oversold.
  • Volume: a breakout on strong volume is more reliable than one on thin volume.

Combine these signals rather than relying on any single indicator.

How can I profit when the Loopring LRC price drops by short selling?

You can short LRC without holding spot by using LRC/USDT perpetual contracts on BTCC. A short position profits when price falls: you open the short at a high price, then close it by buying back at a lower price, locking in the price difference.

This gives you a two-way trading opportunity. In a bear market or during a pullback, a short can capture downside moves that a spot holder cannot. You can also use leverage to control a larger position with less margin, though this magnifies losses as well as gains.

Risk management matters: set a stop-loss above key resistance, size positions carefully, and monitor funding rates on perpetual contracts, since they can add to holding costs.

Can I trade Loopring LRC perpetual contracts with high leverage?

Yes. BTCC offers flexible leverage on LRC/USDT perpetual contracts, up to 50x, subject to platform risk rules and position limits. Higher leverage means a smaller margin controls a larger position, which can amplify returns when the market moves your way.

Leverage also magnifies losses, and at high levels a small adverse move can trigger liquidation. Beginners should start at 2x to 10x and always use a strict stop-loss. Keep an eye on margin ratio and consider adding margin or reducing size before it approaches the maintenance threshold.

Before trading live, you can rehearse leverage and risk settings in BTCC's demo mode with virtual funds.

How do I practice Loopring LRC trading with a free demo account?

After registering on BTCC, switch to Demo Trading mode to practice LRC trading without risking real money. The demo account provides virtual funds, for example 100,000 USDT, while streaming real LRC market data.

You can rehearse the full workflow: adjusting leverage, choosing margin mode, placing long or short orders, and setting take-profit and stop-loss levels. Because the market data is live, the price action you practice on mirrors the real LRC/USDT perpetual contract.

Use the demo to build a repeatable process, test position sizing, and get comfortable with liquidation risk before funding a live account.

How do I buy and trade Loopring LRC step by step?

Here is the four-step flow to trade LRC on BTCC:

  1. Register on BTCC and complete KYC verification.
  2. Deposit USDT via card or an external wallet.
  3. Go to the LRC/USDT perpetual contract page.
  4. Set margin mode and leverage, choose Long or Short, set your SL/TP, then confirm the order.

Start with a small position and low leverage while you learn how funding rates and liquidation work. You can also practice the same steps in BTCC's demo account with virtual funds before committing real capital.

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