INTRO

Loopring, which is considered a second layer solution of Ethereum and therefore also known as Loopring L2, is a decentralized exchange (DEX) based on the Ethereum network, built on Loopring ZKRollup (we will explain this concept later in the article). has been This project is a DEX based on order book and AMM, which offers a high-efficiency trading experience and low fees like centralized exchanges.

With this solution, users can perform their transactions on this platform with a higher speed and lower fees compared to Ethereum. Loopring L2 is more than a decentralized exchange; Because it also works as a paid app. Users can send their ERC-20 tokens on this second layer network to any Ethereum address instantly, cheaply and securely.

PORPOSE

In this dashboard, we will check the balance of the wallets containing LRC token and explore the status of the holders of this token. We will also provide data from the trade of this token in Uniswap Dex.

METHOD

In this dashboard, in two parts

And from the beginning of 2022,

we will check the status of the wallets with the LRC token and explore the holders of this popular token, and in the other part, we will check the trade status of this token in the Uniswap decentralized exchange, which has the largest volume of swaps. in the first part, using the ethereum.core.ez_dex_swaps table and placing the Uniswap platform in the platform section, we extracted the data related to the swap of this token.For the second part The most important data used are the two tables ethereum.core.ez_balance_deltas and ethereum.core.ez_current_balances,

LRC contract address: 0xbbbbca6a901c926f240b89eacb641d8aec7aeafd

Swap Stats on UniSwap

observations

• Monthly trading volume data on Uniswap shows that January 2022 had the highest trading volume of LRC token and then followed a downward path until November and had a significant jump in November.

• In total, the volume of sales was slightly higher than the volume of LRC token purchases in Uniswap.

• In total, the average purchase volume was higher than the average sales volume of LRC.

• As we can see, the largest number of swaps for the LRC token was done in November, and compared to October, the volume of swaps has increased by about 4 times.

• The average number of sales transactions is more than the average number of purchase transactions.

• The number of LRC token sellers in Uniswap has been more than the number of buyers, and the average number of sellers is more than the number of buyers.

Distribution Stats

observations of Distribution

• More than 40% of the volume of swap transactions on Uniswap for the LRC token was between $1,000 and $10,000 dollars.
• Transactions between $1,000 and $10,000 have decreased significantly since the beginning of the year.
• It seems that the transactions of LRC tokens are done in Uniswap with high volumes.

More than 6,000 unique users on Uniswap have done at least one swap transaction related to LRC token.

Top Transactions

observations

• More LRC tokens were sold by the top 10 sellers than by the top 10 buyers.
• As we can see, most of the LRC token swaps were with Ethereum.
• The top 5 LRC token swappers have earned more than $10 million from the transactions of this token.

Hold Stats

observations

• Currently, more than 160,000 addresses hold the LRC token.
• The process of new holders joining LRC token holders from the beginning of 2022 It has been increasing and reached its peak in late May. In November, after a temporary decrease, this trend has reached more than 5,000 new holders.
• About half of the LRC holders who held this token at the beginning of 2022 are no longer among the holders of this token, and about half of the new holders are the same holders at the beginning of the year.
• The number of LRC tokens of 3 holders from the top 10 holders at the beginning of the year has increased.
• More than 90% of LRC holders have held their tokens for more than 1 year.

Balance Stats

observations

• In the second week of July, the average number of tokens held per wallet reached the highest value and after September this value decreased.

• Currently, the average number of LRC tokens held per wallet is more than 8,000 tokens.

• It seems that with the decrease in the price of LRC tokens, the amount of tokens held in wallets has increased.

• More than 88% of LRC holders keep less than 1,000 tokens in their wallets.

Conclusion

LRC token seems to have performed well in November More than $3 million swap volume in Uniswap Dex, more than 60% of which was between $100 and $1,000. More than 160,000 users have held this token, which has been for more than 1 year in more than 90% of them. About half of the holders at the beginning of the year are still holders of this token, and in November, more than 5,000 new holders have been added to the holders of this token. Binance exchange holding more than 90 million units of LRC token is the best centralized exchange holding this token. Currently, each wallet holds about 8,500 LRC.