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Loopring Neo Token

Loopring Neo Token (LRN)

$ 0.00
0.4 %
Main info
News
Comments
Markets
Analytics
Market cap
$66.11K
0.4 %
Volume (24h)
$4.05
0.4 %
Circulating supply
113,602,931 LRN
Total supply
139,507,605 LRN
Max. supply
139,507,605 LRN

About Loopring Neo Token

Loopring is open sourced and offers open participation. Anyone can become a DEX with our software: you can join our DEX network to share liquidity, or create and manage your own DEX network. Sharing liquidity greatly improves your competitive advantage.Loopring is risk-free and low-cost as relayers don’t hold users’ assets. You can match orders without asset reserves, lowering barriers to entry.Alternatively, run a relayer while owning token reserves and provide extra liquidity by adding your own orders, earning more money as a market-maker in the process.Noncommital and nonbinding. As a participant in the Loopring ecosystem, you can stop at any time, without impacting your or your users' assets.

Key data

updated $0
Market cap$66.11K
Volume 24h$4.05
Circulating supply113.6M81% of max 139.51M

Loopring Neo Token (LRN) is a cryptocurrency token operating on the Ethereum blockchain under the smart contract 0x06fa8be9b6609d963e8fc63977b9f8dc5f10895f. In simple terms, it's a digital asset tied to the Loopring ecosystem, which focuses on building decentralized exchange and payment protocols. Think of it as a piece of infrastructure for trading and moving crypto without relying on a middleman.

Frequently asked questions

What is Loopring Neo Token and how is it different from other tokens?

LRN is a token on the Ethereum blockchain tied to the Loopring ecosystem, which builds protocols for decentralized trading and payments. Unlike standalone coins with their own blockchains, it exists as a smart contract, so its behavior depends on Ethereum's network.

How does the underlying technology work?

Loopring's core innovation is a protocol for decentralized exchange, historically using zk-rollup style technology to batch transactions and settle them on Ethereum. This approach aims to make trading faster and cheaper while keeping custody in users' hands. The token lives inside this ecosystem as a tradable and transferable asset.

How is the token supply and issuance structured?

As a smart contract-based token, LRN's total supply and issuance rules are hard-coded into its contract on Ethereum, making them publicly auditable. You can inspect the contract directly on any Ethereum block explorer using the official address. This transparency means no one can silently change the supply mechanics.

How can I store and use LRN?

Since LRN is an Ethereum-based token, any wallet that supports ERC-20 tokens works — MetaMask, hardware wallets like Ledger, and similar options. You can send and receive it using the token's contract address, and trading availability depends on which exchanges list it. The official site, loopring.org, is the best source for current ecosystem tools and wallets.