{
  "url": "https://blockindex.ai/coin/lrc",
  "name": "Loopring",
  "links": {
    "github": null,
    "website": "https://loopring.org/#/protocol",
    "whitepaper": null
  },
  "dScore": 25,
  "market": {
    "priceUsd": 0.013101236976222716,
    "marketCapUsd": 17927824.36727794,
    "volume24hUsd": 1896746.56936371,
    "priceChange7dPct": -0.31821236,
    "priceChange24hPct": -1.20862486
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": null,
    "circulating": 1368406998.500595,
    "circulatingPct": null
  },
  "ticker": "LRC",
  "founder": "Daniel Wang",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:33.760048+00:00",
  "fairLaunch": false,
  "launchYear": 2019,
  "description": "Loopring (LRC) is a protocol and token ecosystem that combines a permissionless ERC-20 token with a zkRollup Layer‑2 execution environment built to deliver exchange-grade throughput and low-cost settlement on Ethereum. Originally distributed via an ICO in August 2017, Loopring evolved into a Layer‑2 protocol with a mainnet deployment in December 2019 that batches transactions off‑chain and publishes succinct zero-knowledge proofs to Ethereum for settlement. The project emphasizes a hybrid design that separates order matching from settlement, enabling centralized-like order execution efficiency while preserving non-custodial on-chain finality. The Loopring Foundation manages protocol development, and official materials emphasize open-source development, security audits, and public developer documentation.\n\nTechnically, Loopring’s core innovation is its zkRollup architecture combined with a ring‑matching order model. Transactions are aggregated and executed off‑chain by relayers, with validity established on Ethereum via zk‑SNARK/zk‑proofs so that users retain custody of keys and on‑chain settlement guarantees. The protocol implements “order rings,” an approach that can combine up to 16 orders into circular trades to improve liquidity and reduce slippage; ring‑mining incentivizes relayers and market makers to construct and publish efficient matchings. Loopring’s token, LRC, is an ERC‑20 token used for protocol incentives (ring‑mining rewards and relayer incentives) and for governance/fee mechanics where applicable. The architecture intentionally minimizes on‑chain transaction footprint while leveraging Ethereum’s security model for settlement.\n\nIn practical use, Loopring targets non‑custodial decentralized exchange (DEX) and payments use cases where throughput and gas efficiency are critical. By compressing large numbers of trades into rollup proofs, Loopring offers substantially lower gas per trade compared with executing each transaction directly on L1 Ethereum; project marketing and documentation claim orders of magnitude reductions in per‑transaction cost in many scenarios. The Layer‑2 environment supports decentralized order books and relayer networks, making it suitable for builders who want the UX of centralized matching with the custody guarantees of on‑chain settlement. Over time, Loopring has been integrated into wallets and analytics platforms and is listed on major market trackers, indicating adoption by both retail holders and liquidity providers.\n\nTokenomics for LRC in the provided materials indicate a near‑fixed supply profile with approximately 1.37 billion LRC total and ~1.36 billion reported circulating at the time of the provided snapshots. Distribution was initially via an ICO in August 2017; additional token distribution mechanisms (e.g., treasury allocations, long‑term team allocations) are referenced in high‑level summaries but specific premine or PIP percentages were not present in the supplied dataset. The protocol’s economic design relies on ring‑mining rewards and smart‑contract‑governed incentives rather than block rewards; no ongoing PoW/PoS miner issuance scheme exists for LRC since it is an ERC‑20 Layer‑2 token. Market snapshots in the provided sources show LRC with meaningful market visibility (listed on CoinMarketCap, CoinGecko and other aggregators) and active trading volumes during sample snapshots.\n\nGovernance and development activity in the supplied documents point to foundation‑led development (Loopring Foundation) and active product updates through 2024–2025, including expansion efforts (notably integration work with the Base ecosystem in 2025). The provided dataset does not show an on‑chain DAO governing the protocol; governance is described as foundation/off‑chain managed in the source materials. Security‑related notes in the available files indicate no high‑confidence, LRC‑specific hacks or chain freezes documented in the provided extracts. Looking forward, official documentation emphasizes continued zkRollup development, DEX and payments integrations, and tooling for integrators, while the 2024–2025 updates suggest ongoing UX improvements and cross‑network expansion efforts.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 2",
    "isToken": true,
    "consensus": "Other",
    "parentChain": "ETH"
  },
  "dScoreComponents": {
    "autonomy": 0,
    "ageHistory": 13,
    "governance": 12,
    "nodeDistribution": 0,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Centralized Leaning"
}