Evaluation
'24-07-27 02:18
$0.2113
(+36%)
Top32%
Market cap (cir.)
$192.07M
Market price
$0.1542
Evaluation price
$0.2113 (+36%)
Evaluation by factors
$0.2113
Average
$0.2713
Value
$0.1443
Growth
$0.1778
Momentum
$0.2377
Quality
$0.2253
Native
Loopring is a non-custodial exchange protocol built on Ethereum (zkRollups). Loopring was founded by Daniel Wang & Jay Zhou and launched in 2017.Liquidity providers deposit funds into Loopring and receive trading fees from traders. Market makers offer trades through order book and make money on bid-ask spreads and market maker rebates. (supply-side fees). LRC tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). Loopring's investors include Fundamental Labs, Obsidian Capital, Eden Block, etc.