Market cap
$84.05K
-1.78 %
Volume (24h)
$89.53
-1.78 %
Circulating supply
999,941,673 LOOKS
Total supply
1,000,000,000 LOOKS
Max. supply
1,000,000,000 LOOKS
LooksRare (LOOKS)
$ 0.00
-1.78 %
Main info
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Key data
updated $0Market cap$84.05K
Volume 24h$89.53
Circulating supply999.94M100% of max 1B
All-time high$7.1-100% from peak · 2022-01-20
LooksRare (LOOKS) is the native token of LooksRare, a community-first NFT marketplace launched in early 2022 as a challenger to OpenSea. The platform rewards its users — both traders and creators — with LOOKS tokens for buying and selling NFTs, a model often called "trade-to-earn." In short, it's a token that turns marketplace activity into rewards.
Frequently asked questions
What is LooksRare and how is it different from other NFT marketplaces?
LooksRare is a decentralized NFT marketplace built on Ethereum that positions itself as a community-owned alternative to big centralized platforms. Its main distinction is the reward system: users earn LOOKS tokens simply for trading NFTs, and stakers get a share of the platform's trading fees. It also emphasizes lower fees and creator royalties compared to traditional marketplaces.
How does LooksRare work technically?
The marketplace runs on Ethereum as a set of smart contracts that match NFT orders and settle trades on-chain. LOOKS itself is a standard ERC-20 token, so it inherits Ethereum's proof-of-stake security. Users can stake LOOKS to receive a portion of the protocol's fee revenue, distributed in ETH and Wrapped ETH.
How is LOOKS emission structured?
LOOKS has a hard cap of 1,000,000,000 tokens, so no more will ever be created. Emissions started with a generous trade-to-earn distribution that tapers off over time according to a fixed schedule. A significant portion of the supply is also allocated to the treasury, team, and staking rewards, with vesting periods in place.
How can you store and use LOOKS tokens?
Since LOOKS is an ERC-20 token, any Ethereum-compatible wallet like MetaMask, Rabby, or a hardware wallet such as Ledger works fine. Beyond holding, the main uses are staking to earn a share of marketplace fees and voting on governance decisions. You can also use LOOKS to buy NFTs directly on the LooksRare marketplace.