Loopring (LRC) is the native token of an Ethereum-based zkRollup protocol designed to bring scalable, low-cost trading to decentralized finance. Users commonly swap LRC when entering or exiting the Loopring ecosystem — for example, to pay protocol fees, participate in liquidity pools, or rebalance a DeFi portfolio. Because LRC lives exclusively on Ethereum, the swap experience is straightforward: one network, one address format, no extra identifiers required.
Before swapping LRC, confirm your receiving wallet or platform supports Ethereum ERC-20 tokens, since LRC has no alternative network to fall back on — sending to a non-Ethereum address means the funds will not arrive. Double-check the destination address character-for-character; Ethereum addresses share a format with many ERC-20 tokens, making it easy to paste an address from a different token without noticing. Ethereum confirmation times can vary depending on network congestion, so factor in potential wait time if you need funds to arrive quickly. The Zest widget displays the expected output amount before you confirm, giving you a chance to review the rate before committing. No memo or destination tag is needed for LRC on any supported route.
Ethereum
Loopring (LRC) is a cryptocurrency launched in 2017and operates on the Ethereum platform. Loopring has a current supply of 1,373,873,397.44245744 with 1,368,406,998.50059517 in circulation. The last known price of Loopring is 0.01231691 USD and is up 1.85 over the last 24 hours. It is currently trading on 425 active market(s) with $2,233,698.44 traded over the last 24 hours. More information can be found at https://loopring.org.
Tags