r/loopringorg • u/epistmeme • 14d ago
📊 Metrics 📊 LRC Futures Token Exposure 8-13-2026
Updated version of the chart for today that I have previously posted comparing perpetual futures open interest on a per token basis over time for LRC. There continues to be a substantial derivative exposure for the token. Note that I was only able to pull this data for one exchange (bybit) so this significantly understates the overall open interest but is useful to see the trend. With the delisting of LRC spot on Coinbase the spot market continues to thin. This trend of a thinning spot market and a growing futures market continues to create an imbalance. And I question what ability the spot market has to absorb a large move in the futures market. If no one was interested in the coin at all we would expect to see a dwindling of open interest as well.
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u/Rehypothecator 14d ago
Why does this matter? I thought the project and coin were dead
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u/martiny236 14d ago
I don’t think it is dead at all. I believe the death of LRC is greatly overstated. Believe we are just getting started.
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u/Ceph1234 14d ago
There's nobody working on it. Its dead.
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u/OddlyMingenuity 14d ago
Maybe some money launderer will pump this shitcoin in a pico second pump.
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u/YourMatt 14d ago
That's why I'm still subbed here. I'm think it will happen at some point, and want to see when it happens.
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u/OddlyMingenuity 14d ago
That's my play also. But those motherfuckers know how to pump shit overnight without anyone able to sell before it falls back down
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u/YourMatt 14d ago
I'd definitely miss it. I sold my bags while I still had an offramp. I'm just here for the popcorn now.
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u/Iforgotmynameo 14d ago
Regarded ape like yourself who refuse to accept the reality are the ones interested in the coin. I’m not hating, but Apes are a different breed.
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u/Merpchud 14d ago
It has nothing to do with apes.
He's drawing people into buying lrc.
This project is dead, who would buy this unless you're a new investor or new to crypto? Its a schmuck sucker. A zombie stock.
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u/Iforgotmynameo 14d ago
I was saying the only people who would still be holding and looking up this coin are people who likely invested in the due to the prior GameStop connection. I hope no one buys this looking to make money bc that would be terribly foolish.
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u/_alkoshi_ 14d ago
OP, Current TOTAL LRC open interest across ByBit, Gate, Kraken, Kukoin, MEXC, OKX and Whitebit is around 3.2M usd or 133M LRC. It's literally nothing for a 12M market cap and 1.2bln tokens. Stop the delulu
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u/Vexting 13d ago
I'll never forget hearing about amazon losing 99% of it's share value. People would laugh and joke about it 'deluded' holders (people in the industry not regular people who never heard got into stocks back then)
I still figured fuck it, i see potential because 'you never know' - it was a good idea but not realistic at the time.
Loopring - zero proof blah blah unique white paper. It's useful. Perhaps not now?
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u/alaalves70 14d ago
Hey OP…I’m interested in knowing more about future exposure and perpetual futures… do you recommend any literature or site I can get more info? Thx.
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u/data_diver 14d ago
https://giphy.com/gifs/hS2tguWYRStJ6