Loopring (LRC)
Ethereum scaling for trading. Zero-knowledge rollups.
What is Loopring?
s security. Instead of settling every trade on Ethereum (which is slow and expensive), Loopring batches thousands of transactions off-chain and posts a cryptographic proof to Ethereum.",
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How Loopring Works
Loopring uses zkRollups: transactions happen off-chain, and only a compressed proof is posted to Ethereum. This proof mathematically guarantees that all off-chain transactions are valid, without Ethereum having to recompute every trade. The result is 1,000x throughput improvement over Ethereum L1 while maintaining full security. Users deposit funds into the Loopring L2, trade on the Loopring DEX with near-instant settlement and sub-cent fees, then withdraw back to Ethereum L1 when needed.
Loopring Ecosystem
- Loopring DEX — orderbook and AMM trading
- Loopring Wallet — smart contract wallet with social recovery
- zkRollup scaling for payments and NFT minting
- LRC staking for protocol rewards
- Integration with Ethereum L1 and GameStop NFT marketplace
Team & Development
Loopring was founded by Daniel Wang, a former Google engineer and serial entrepreneur, in 2017. The Loopring protocol launched in 2019, with the zkRollup-based L2 DEX following in 2020. Wang stepped down as CEO in 2021 to focus on protocol development. Loopring is governed by the Loopring DAO, where LRC holders vote on protocol changes.
Frequently Asked Questions
What is the difference between Loopring and Uniswap?
A zkRollup bundles hundreds of transactions together, computes them off-chain, and posts a cryptographic proof (zero-knowledge proof) to Ethereum. Ethereum only needs to verify the proof, not recompute every transaction. This makes zkRollups much faster and cheaper than L1, with the same security.
What is a zkRollup?
LRC is an ERC-20 token on Ethereum. Use MetaMask, Ledger, or the Loopring Wallet (which has built-in L2 support). For L2 trading, you deposit LRC into the Loopring L2.
Where do I store LRC?
Yes. Swaps supports selling LRC for fiat and swapping it for other tokens.
Can I sell or swap LRC?
Buy Loopring on Swaps
Compare Loopring prices from trusted providers. Buy LRC with credit card, bank transfer, Apple Pay, and 29+ payment methods. Non-custodial — crypto goes directly to your wallet.
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