LoopringLRC
Convert LRC to your currency
Last Updated on Sep 29, 2025 08:55 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
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Loopring
- Ethereum
- Solana
- Arbitrum One
Metrics
Insights
Price performance
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Loopring FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- 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?
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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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.
24/7 Online Support. Fast support for your needs. Live chat and email support for customers from all over the globe.
Other crypto assets supported in Tangem Wallet.
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