What is the current price of Loopring?
The current price of Loopring is $0.008742 with a 0.75% change in the last 24 hours.
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Loopring was one of the first zero-knowledge rollups on Ethereum: a Layer 2 protocol that batched trades and payments off-chain, proved their correctness with zkSNARKs, and posted those proofs to Ethereum so users kept Ethereum-level settlement guarantees without paying Ethereum-level fees per trade. LRC is its ERC-20 token.
The most important fact about Loopring today is that the protocol is no longer running. The Loopring Foundation's website carries a single notice, confirmed live on 2026-09-11: "After years of building at the frontier of zero-knowledge technology, Loopring is no longer operational." The exchange, the automated market maker, and the relayer that produced Layer 2 blocks were shut down permanently, and user assets were returned to Layer 1 Ethereum addresses. Anything describing Loopring in the present tense as a working exchange is out of date.
Official sources:
Loopring was founded in 2017 by Daniel Wang, a software engineer whose earlier career included work at Google and at Chinese technology companies. The project raised funds through a token sale in August 2017; like many sales that year it was affected by China's September 2017 ban on initial coin offerings, and a portion of contributions was returned. The token that exists today is named "LoopringCoin V2" on-chain, reflecting a later reissue of the original token.
The technical arc is worth stating plainly, because it explains the ending:
Off-chain execution A relayer operated by the Loopring team collected orders and transfers, matched them, and assembled them into blocks. Users never handed over custody; the relayer could sequence activity but could not spend funds.
Validity proofs Each block was accompanied by a zkSNARK proving that every state transition in it followed the protocol rules. Ethereum verified the proof rather than re-executing the transactions, which is what made the cost per trade small.
On-chain data and exit State roots and the data needed to reconstruct balances were posted to Ethereum, so users could in principle withdraw directly from Layer 1 even if the operator disappeared.
The design choice that defined Loopring, and ultimately limited it, was that its Layer 2 had no virtual machine. It was an application-specific rollup built for trading, payments, and NFTs, with circuits written for those operations. That made it efficient and hard to extend: third parties could not deploy contracts on it, so composability, the property that made general-purpose Layer 2s grow, was never available.
LRC's designed roles were staking to reduce protocol fees for exchange operators and traders, a share of protocol fees paid to stakers and to the Loopring DAO, and governance over protocol parameters. With the relayer and exchange shut down, the fee flows that backed those roles no longer exist, so LRC today functions as a legacy ERC-20 rather than as a token with active protocol utility.
Supply mechanics, read directly from the contract on 2026-09-11:
The practical consequence is that LRC is structurally non-inflationary and can only shrink. That is a genuine property of the contract, and it is also why LRC's total sits slightly below the figure often quoted as its maximum: historical burns permanently removed part of the supply.
Against general-purpose rollups such as Arbitrum, Optimism, and zkSync, Loopring made the opposite trade. Those networks prioritized running arbitrary contracts, accepting higher proving or challenge costs to do it. Loopring optimized specific operations into fixed circuits and got excellent efficiency for those operations, at the cost of being a closed system.
That difference decided the outcome. Application-specific rollups can win when their application is large enough to justify a dedicated chain. Loopring's activity never reached that threshold, and once zkEVMs made general-purpose zero-knowledge execution practical, the efficiency advantage of a hand-built circuit stopped being worth the lost composability. The team cited the absence of a virtual machine and the lack of high-demand use cases as the reasons for winding down.
Historically Loopring supported non-custodial order book and AMM trading on Layer 2, low-cost transfers, cheap NFT minting including the GameStop marketplace, and a smart contract wallet with social recovery. Today the only live use case is archival: reading the immutable Layer 2 history through the published subgraph. LRC still trades as a token, but it no longer grants access to a working protocol.
While it operated, Loopring's security model rested on validity proofs rather than trust in the operator. Every block carried a zkSNARK, so an invalid state transition could not be accepted by the Ethereum contracts, and sufficient data was published on Ethereum for users to reconstruct balances and exit independently.
That model held. The one significant loss in Loopring's history came from a different layer: the 2024 compromise of the Official Guardian service, a centralized two-factor recovery convenience attached to the smart wallet, not a failure of the rollup's proof system. It is a useful illustration that a cryptographically sound protocol can still be undone by a trusted service bolted onto it.
Loopring matters as a piece of Ethereum scaling history rather than as a live product. It demonstrated, years before it became consensus, that validity proofs could move real trading activity off-chain without surrendering custody, and it produced a working consumer application on top of that. Its ending is equally instructive: an application-specific rollup with excellent engineering was outcompeted not on cost or security but on programmability.
LRC still trades on some centralized and decentralized venues, but availability has narrowed considerably following delistings during 2026. Verify that a venue currently supports LRC before planning any transaction, and be aware that liquidity for a token with no active protocol behind it can be thin.
LRC has historically been listed on venues including:
Support has been withdrawn by some exchanges, so confirm current listings directly rather than relying on historical references.
LRC is a standard ERC-20 token on Ethereum, so after purchase it can be held on an exchange, which is custodial; in any Ethereum-compatible non-custodial wallet such as MetaMask or Rabby; or in a hardware wallet used through a compatible Ethereum interface.
Do not attempt to deposit to a Loopring Layer 2 address. That network no longer exists, and the Loopring Smart Wallet has been retired. Confirm the token address is 0xBBbbCA6A901c926F240b89EacB641d8Aec7AEafD before any transfer.
You can compare LRC with the Layer 2 ecosystems that outlasted it on Coinrithm:
Track Loopring live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Loopring on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Loopring with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Loopring with real money.
Read the complete paper trading guideThe current price of Loopring is $0.008742 with a 0.75% change in the last 24 hours.
The daily trading volume is $164,847 representing a 17.92% change in the past 24 hours.
The market capitalization of Loopring is $12,010,744, ranking #634 globally.
The fully diluted valuation (FDV) of Loopring is $12,016,343, calculated assuming the maximum supply of 1,374,513,896 LRC is in circulation.
Circulating: 1,373,873,397. Total: 1,373,873,397. Max: 1,374,513,896.
In the last 24 hours, Loopring traded between a low of $0.008394 and a high of $0.00883.
LRC/USDTTether USDT0.008742 USDT
coinbase disabled trading for IDEX, LRC, OMNI, PIRATE and FIS across its main platforms, while holders can still withdraw their tokens.
Loopring shuts down its DEX as zkEVM technology renders its application-specific architecture obsolete, highlighting the brutal economics of Ethereum scaling.
Loopring plans to return all remaining user funds through a smart contract upgrade, without requiring users to cover transaction costs.
Loopring has announced the immediate closure of its decentralized exchange and automated market maker after concluding that years of limited adoption, business shortcomings, and technological competition left the project without a sustainable future. Loopring disclosed the decision in a post…
“We lacked a virtual machine, no composability, no real‑world payment use cases. That limitation kept our ecosystem from growing,” said the team.
Loopring LRC price prediction 2026–2030: ~$0.025, Binance delisting April 1 2026, wallet shut June 2025, CEO resigned. Layer-3 pivot. Can LRC survive?
