Loopring IconApp's chainETH

Loopring

Validated
DeFi
Trading
LRC$0.13945+0.98% 
L2 super app
  • 230 Followers
  • 138 Likes
Validated
Validated
Open
  • User Score 4.47
  • Validation Score 4.5
  • Trust ScoreHigh
  • General No. 816
  • DeFiNo. 240
  • EthereumNo. 130
  • Token
Loopring
Loopring Review
Loopring Login
Loopring Dashboard

About Loopring

Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security.

Loopring is a decentralized exchange (DEX) protocol built on Ethereum, focusing on providing scalable, high-performance trading and payment solutions. By leveraging zkRollup technology, Loopring aims to offer secure, fast, and low-cost transactions, making decentralized finance (DeFi) more accessible and efficient. The project seeks to combine the benefits of centralized exchanges, such as high throughput and low latency, with the security and transparency of decentralized systems, addressing key issues in the crypto trading ecosystem.

Loopring Magic Store Validation Score

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Validation Score

4.5

Loopring Review Score by Real Users

4.47Out of 515 Total
  • 8
  • 6
  • 1
  • 0
  • 0
15 Total
personal view
22 Jan 2024

About Loopring Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level securityRead More ››

lienbuutran avatarlienbuutran9267.50
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very good Defi
20 Jan 2024

With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security.Read More ››

nisan692000 avatarnisan69200069209.97
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Loopring
18 Jan 2024

Loopring positions itself as an Ethereum Layer 2 (L2) super app, aiming to offer users a DeFi and NFT experience characterized by low fees, high speed, and Ethereum-level security. The platform provides a suite of functionalities that seamlessly allow users to swap, trade, earn, stake, mint, and more within the Ethereum ecosystem. Key features of Loopring include: Low Fees and High Speed: Loopring prioritizes efficiency, offering users a low-fee experience coupled with high transaction speed. This addresses common challenges associated with transaction costs and delays on the Ethereum network. DeFi and NFT Capabilities: The platform covers a broad spectrum of decentralized finance (DeFi) and non-fungible token (NFT) activities. Users can engage in various activities such as swapping, trading, earning, staking, and minting, all within the Loopring ecosystem. Seamless Swapping and Trading: Loopring facilitates smooth and secure swapping and trading of assets, providing users with a user-friendly interface for managing their cryptocurrency portfolios. Staking and Earning: Users can stake their assets and participate in earning opportunities through Loopring, contributing to the platform's comprehensive DeFi functionalities. Ethereum-Level Security: Loopring ensures a high level of security for user transactions, leveraging the robust security features associated with the Ethereum blockchain. Minting and More: Loopring supports minting activities and offers a range of additional features, enhancing its utility as a multifunctional platform. By combining these features, Loopring aims to create an all-encompassing Layer 2 solution that provides users with a seamless, cost-effective, and secure experience for engaging in various decentralized financial and non-fungible token activities within the Ethereum ecosystem. Read More ››

sashashoiko avatarsashashoiko23488.55
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Review
18 Jan 2024

Loopring looks great! Here, a large, solid team, the ideas of the team and the development trend amazed their greatness! We are looking forward to the possibility of your product! Read More ››

lenini avatarlenini122940.20
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speed DeFi
17 Jan 2024

About Loopring Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security. Read More ››

Svarga avatarSvarga14083.75
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coment
17 Jan 2024

There are a lot of projects coming out, this project needs to be sorted out, looked at, studied, maybe it will be useful, so look and decide what and howRead More ››

jony avatarjony17198.75
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The Loopring Smart Wallet
26 Oct 2023

Looking to provide liquidity, mint/hold/sell NFTs? Loopring is just for you. Loopring has a mobile wallet that is on its way to becoming a super application with many riches. It is really easy to trade with it.Read More ››

levo avatarlevo370090.55
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Loopring
15 Sep 2023

Their UI is slick, and it is easy to use, it is simple and clean, my only problem in there is low liquidity and less availability of coins/tokens, may they add more soon.Read More ››

Gao avatarGao22092.70
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LRC Token Price Chart (Real Time)

Token Statistics

  • Market Cap$174,044,145.00
  • Volume$26,329,940.00
  • Circulating Supply1,245,991,468.942
  • Max Supply1,374,513,896
  • FDMC$191,907,109

About Loopring Token

The Loopring Coin (LRC) is the utility token of the Loopring protocol, an open-sourced, audited, and non-custodial exchange protocol on the Ethereum blockchain. LRC is used to incentivize liquidity providers, governance participants, and users who interact with the protocol. It allows users to benefit from reduced trading fees and higher liquidity on the Loopring platform. Key features of LRC include:


  • Reduced Trading Fees: Users holding LRC can benefit from reduced fees on the Loopring exchange.
  • Staking: LRC can be staked to earn rewards and participate in governance decisions.
  • Incentives: Liquidity providers are incentivized with LRC for their contributions.
  • Governance: LRC holders can participate in protocol governance, voting on key issues and improvements.

LRC is listed on several exchanges, including Binance, Coinbase, and Kraken.



Loopring Magic Store Trust Score

  • Audit Score
    • 1No. Of. Audits
    • HighScore
  • Security Validators Score
    • 31.01.2024Validation Date

Loopring User Trust Reviews

personal view High
22 Jan 2024

About Loopring Loopring is an Ethereum L2 super app, providing users with a low fee, high speed DeFi and NFT experience. With Loopring, you can seamlessly swap, trade, earn, stake, mint, and much more, all while enjoying Ethereum-level security.Read More ››

lienbuutran avatarlienbuutran9267.50
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Seamless, Scalable, SecureHigh
20 Jan 2024

The L2 super app, Loopring, is an impressive platform that offers numerous benefits for users looking to engage with decentralized finance (DeFi) and non-fungible token (NFT) markets. With its focus on scalability, security, and user experience, Loopring has managed to create a seamless environment where traders can access various DEXs and NFT marketplaces in one place. One of the standout features is the Ring Mining mechanism that incentivizes users for providing liquidity by rewarding them with LRC tokens. This encourages active participation from the community, leading to a more robust ecosystem. Additionally, Loopring's zero-knowledge rollup technology ensures faster transaction speeds and lower fees compared to other platforms in the market. The user interface is designed for ease of use, making it accessible even for those who are new to cryptocurrency trading or NFT collecting. The platform also supports multiple chains such as Ethereum, Polygon, and zkSync, providing users with a diverse range of options when choosing their preferred blockchain network. In summary, Loopring is an innovative L2 super app that offers unparalleled benefits to its users in terms of speed, security, and user experience. Its focus on decentralization ensures that it remains resilient against potential attacks or issues within the cryptocurrency market. I highly recommend giving this platform a try for anyone interested in exploring DeFi and NFT markets with confidence and ease.Read More ››

Adam7 avatarAdam7178703.08
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ReviewHigh
18 Jan 2024

Loopring looks great! Here, a large, solid team, the ideas of the team and the development trend amazed their greatness! We are looking forward to the possibility of your product! Read More ››

lenini avatarlenini122940.20
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XXXXXHigh
18 Jan 2024

A Web3 affiliate network within Magic Square, allowing you to earn commissions by promoting apps and games from the Magic Store. This program benefits both developers, by increasing app visibility, and users, by offering them a way to earn through referrals, enhancing the traditional affiliate marketing model with the innovative features of Web3 technology.Read More ››

salahattin avatarsalahattin4937.50
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Loopring FAQ

zkRollup technology is a Layer 2 scaling solution that bundles multiple transactions into a single transaction, reducing gas fees and increasing transaction throughput. This technology benefits Loopring users by providing faster and cheaper transactions while maintaining the security of the Ethereum network.

Loopring ensures the security of user funds by utilizing smart contracts to manage all trades and transactions. This decentralized approach eliminates the risk of centralized exchange hacks, as users retain control of their funds throughout the trading process.

The primary use cases for Loopring's LRC token include staking for fee discounts, participating in the governance of the protocol, and providing liquidity on the Loopring Exchange. The token also serves as an essential component for operating and maintaining the Loopring ecosystem.

Loopring distinguishes itself from other DEX protocols like Uniswap and SushiSwap by implementing zkRollup technology, which offers higher transaction throughput and lower costs. This makes Loopring a more efficient and scalable solution for decentralized trading.

Yes, you can stake your LRC tokens on Loopring. Staking LRC provides several benefits, including reduced trading fees, participation in governance decisions, and earning rewards from the protocol's operations.


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