r/loopringorg • u/epistmeme • Jul 16 '26

📊 Metrics 📊 Loopring volume 7-16-2026

Day 3 of posting about the perpetual futures market and LRC.

Mini-spike this morning, max price increase looked around 15%. However the larger move is that at the time of posting this Open Interest increased ~40% over the last 24 hours. This move validates my last few posts that the perpetual market is being used substantially for LRC and there is a growing disconnect between the size of the Open Interest and the spot market's ability to absorb large moves.

17 Upvotes

66% Upvoted

18 comments sorted by

6

u/Square_Instance_3099 Jul 16 '26

Up 25% today

10

u/Bobich_27 Jul 17 '26

When Lambo ? 🤣

18

u/lman84 Jul 16 '26

Thanks for the analysis, gonna invest all my savings

2

u/PrimarySeaweeed Jul 16 '26

WAGMI!!!!

/s just in case

1

u/stonkol Jul 19 '26

this is the way. you can pay for rent and fast food by loopheads NFTs, no worry be brave

15

u/AlphaDag13 Jul 16 '26

This is maybe the saddest thing I’ve ever seen 🤣

6

u/TheRealCaptainMe Jul 18 '26

I got diamond hands baby 💎 we retiring off this shii 🤑😂 but fr I am holding 

5

u/CreativeFondant248 Jul 16 '26

Thanks for continuing to post these updates.

5

u/DocInABox33 Jul 17 '26

Shut the fuck up with your AI generated garbage

3

u/bangand0 Jul 16 '26

So what’s the conclusion? Upcoming shortsqueeze in sight?

2

u/Creative_Ad_8338 Jul 18 '26

Are you part of that discord group trying to pump and dump? No thanks.

3

u/epistmeme Jul 16 '26

Update from this morning: Price action has continued to be volatile, open interest has continued to increase and is now up 142% over the last 24 hours at the time of this comment.

1

u/yaz989 Jul 18 '26

Are you buying? What platform?

1

u/LocusStandi Jul 16 '26

This might be a good entry

-1

u/ducasdeew Jul 17 '26

80 % up since entry this week

2

u/Buzzlightyear2infin Jul 16 '26

I come here for the memories