LOOKS
$0.000586961602558787

LooksRare (LOOKS) Price

$0.000586961602558787
7D
1M
3M
1Y
All

LooksRare (LOOKS) Price Today

The live price of LooksRare is 0.000586961602558787 USD. In the past 24 hours, the trading volume of LooksRare was 255,859.48 USD, down by -2.19%. The current price has decreased by -10.59% from its 7-day high of 7.10 USD, and increased by 0.0005686% from its 7-day low of 0.0005686 USD. With a circulating supply of 993,080,571.90 LooksRare, the market cap of LooksRare is currently 19,623,925.00 USD, down by 0% in the last 24 hours. LooksRare currently ranks #3488 by market capitalization among cryptocurrencies.

LooksRare (LOOKS) Market Data

Market Cap
$589.5K
24h Volume
$256.7K
Circulating Supply
993M LOOKS
Maximum Supply
1B LOOKS
Fully Diluted Market Cap
$589.5K
Liquidity Indicator
43.55%
About
Rate
Leaderboard
FAQ

About LooksRare (LOOKS)

How can I buy LooksRare (LOOKS)?

You can buy LooksRare (LOOKS) on supported CEXs, DEXs, or crypto wallets, although it is not yet listed on BingX. See our How to Buy LooksRare guide for details. Sign up with BingX to trade LOOKS first when it goes live.

What Is LooksRare (LOOKS) and How Does It Work?


LooksRare (LOOKS) is a decentralized, community-first NFT marketplace built on the Ethereum blockchain. Launched as an alternative to traditional NFT platforms, LooksRare focuses on rewarding active users rather than intermediaries. Buyers, sellers, and stakers earn incentives through the platform’s native token, LOOKS, aligning marketplace usage directly with community ownership.

LooksRare works by allowing users to trade NFTs using ETH or WETH while paying relatively low platform fees. A portion of these trading fees is redistributed to users who stake LOOKS tokens, creating a circular incentive model. Instead of revenue flowing only to the platform, LooksRare shares protocol earnings with its community, encouraging long-term participation and liquidity.

The LOOKS token powers the entire ecosystem. It is used for staking, earning trading rewards, and participating in governance decisions that shape the future of the marketplace. By combining NFT trading with DeFi-style rewards and on-chain governance, LooksRare positions itself as a user-owned NFT marketplace rather than a centralized profit-driven platform.

When Did LooksRare Launch?


LooksRare was launched on January 10, 2022, as a community-first NFT marketplace built on the Ethereum blockchain. The platform was created by two anonymous founders known by the pseudonyms Zodd and Guts, with the mission of rewarding traders, collectors and creators rather than prioritizing centralized profits, summed up in its motto “By NFT people, for NFT people.” Almost immediately after launch, LooksRare differentiated itself through a token-centric incentive model that rewarded early users and offered fee distribution to LOOKS stakers and active participants.

LooksRare Roadmap & Key Milestones


- Late 2021: Conceptual development and smart contract design begin.

- January 10, 2022: Official launch of the LooksRare marketplace and the LOOKS token ecosystem on Ethereum.

- Early 2022: Introduction of trading rewards and fee redistribution mechanisms to engage users.

- April 2022: Listing rewards program launched to further boost NFT liquidity on the platform.

- 2023–2024: Evolution of reward structures and platform upgrades, e.g., V2 protocol enhancements and fee adjustments.

What Is the LOOKS Token Utility?


The LOOKS token is the native utility and governance token of the LooksRare NFT marketplace. It is primarily used for staking, where holders can earn a share of platform trading fees paid in WETH, aligning token ownership with marketplace activity. LOOKS is also used to incentivize NFT trading, reward active users, and support on-chain governance, allowing the community to vote on protocol parameters, reward structures, and future upgrades.

You can trade LOOKS tokens on the BingX spot market by depositing funds into your BingX account, navigating to the LOOKS/USDT trading pair, and placing a market or limit order. BingX offers real-time price charts, deep liquidity, and a user-friendly interface, making it easy to buy and sell LOOKS efficiently.

What Is LooksRare Tokenomics?


The maximum supply is capped at 1 billion LOOKS, with the majority already in circulation by 2026 following the wind-down of early trading reward emissions.

LOOKS Token Allocation Breakdown


- Airdrop: 12% (120,000,000 LOOKS) – Distributed to early NFT traders to encourage adoption at launch

- Strategic Sale: 3.3% (33,083,003 LOOKS) – Allocated to strategic partners and early backers

- Liquidity Management: 1.7% (16,916,997 LOOKS) – Used to support market liquidity

- Volume Rewards: 44.1% (441,000,000 LOOKS) – Incentives for NFT trading activity on LooksRare

- Staking Rewards: 18.9% (189,000,000 LOOKS) – Rewards for LOOKS token stakers

- Founding Team: 10% (100,000,000 LOOKS) – Subject to vesting to align long-term incentives

- Treasury: 10% (100,000,000 LOOKS) – Reserved for ecosystem development, grants, and governance initiatives

How Does LooksRare Compare to Other NFT Platforms?


LooksRare distinguishes itself from many other NFT marketplaces by offering a community-driven, incentive-based model. Unlike platforms that primarily earn revenue through fees, LooksRare rewards buyers, sellers, and stakers with its native LOOKS token, creating strong alignment between user activity and platform value. This approach contrasts with traditional marketplaces like OpenSea, where fee revenue accrues mainly to the platform itself rather than being shared with the community.

In terms of features and focus, LooksRare emphasizes lower fees, trading rewards, and governance participation, appealing to users who want both cost-efficient trading and a voice in how the protocol evolves. While some competitors offer broader cross-chain support or more curated NFT experiences, LooksRare’s strengths lie in high-liquidity trading, token incentives, and a transparent governance framework, making it a compelling choice for active NFT traders and community-oriented participants.

What Blockchain Network Does LooksRare Operate on?


LooksRare operates primarily on the Ethereum blockchain, leveraging Ethereum’s smart contract infrastructure to support NFT trading, staking, and governance. By building on Ethereum, LooksRare benefits from deep liquidity, widespread wallet support, and compatibility with leading NFT standards such as ERC-721 and ERC-1155, ensuring seamless interaction with the broader NFT and DeFi ecosystem.

How to Store LOOKS Tokens Securely


One of the simplest and most secure ways to store LOOKS tokens is by holding them directly on BingX. When you keep LOOKS on BingX, your assets are protected by the exchange’s multi-layer security framework, including cold wallet storage, risk monitoring, and account-level protections. This option is ideal if you plan to trade LOOKS frequently or want quick access to the BingX spot market without managing private keys yourself.

For users who prefer self-custody, LOOKS can also be stored in Ethereum-compatible wallets such as MetaMask, Trust Wallet, or hardware wallets like Ledger and Trezor. Since LOOKS is an ERC-20 token, it integrates seamlessly with most Ethereum wallets, giving you full control over your private keys. This approach suits long-term holders who prioritize personal custody and are comfortable managing wallet security on their own.

Is LooksRare (LOOKS) a Good Investment?


LooksRare (LOOKS) stands out as a compelling investment due to its revenue-sharing, community-first model within the NFT marketplace sector. Unlike platforms that retain most trading fees, LooksRare redistributes a portion of protocol revenue to LOOKS stakers, directly linking token value to real marketplace activity. With a fixed supply of 1 billion tokens, declining incentive emissions, and governance rights for holders, LOOKS offers exposure to the long-term growth of NFT trading while benefiting from Ethereum’s liquidity and network effects. For investors seeking utility-backed tokens tied to on-chain revenue rather than pure speculation, LOOKS presents a differentiated risk-reward profile.

Info Source

Official Website

New Cryptocurrencies and Listings

Explore newly-listed crypto assets on BingX and never miss the next opportunity.

New Cryptos

ROBO/USDTROBO
Coming Soon
GUA/USDTGUA
$0.24991
+149.90%
ESP/USDTESP
$0.1434
+2.33%
POKEE/USDTPOKEE
$0.005262
-63.33%
WARD/USDTWARD
$0.0209
-9.68%

Frequently Asked Questions about LOOKS (LooksRare)

How much is 1 LOOKS (LooksRare) worth?
What is the price prediction for LOOKS (LooksRare)?
What is the all-time high price of LOOKS (LooksRare)?
What is the all-time low price of LOOKS (LooksRare)?
How many LOOKS (LooksRare) are there in circulation?
What is the market capitalization of LOOKS (LooksRare)?
What affects the price of LOOKS (LooksRare)?
Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
By accessing and using this platform, you agree to comply with our Terms of Use.
Trading cryptocurrencies and other financial instruments involves risks, including the potential for loss of funds. You should never trade more than you can afford to lose. Please be aware of the risks involved and seek independent financial advice if necessary.
For more detailed information, please refer to our Risk Disclosure Statement.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.