LooksRare Token


LOOKS is the utility token for the LooksRare NFT platform.

Risk Rating
What we like
LOOKS accrues value from its fixed supply and revenue share from all NFT trades on its marketplace.
What we like less
LOOKS had a high emission schedule diluted its value. It has also been criticized for wash trading as users are rewarded for trading eligible NFT collections.
What it means for you
Staking LOOKS enables you to earn 100% of protocol income generated from NFT trading fees.
  • Ethereum
Key Metrics
  • Market Cap: $45.4M
  • Fully Diluted Valluation: $83.4M
  • FDV / MC: 1.8
  • Ranking inside Exponential (excluding stables): #63
  • Circulating Supply: 544,846,570
  • Total Supply: 898,690,960
  • Total Supply: 1,000,000,000
  • Volume (24H): $2.1M
  • ATH: $7.10 (01/20/2022)
  • ATL: $0.07 (05/12/2023)
Risk Assessment
Asset Strength

LOOKS is a low-cap asset that represents the protocol's native governance or utility token. This asset is exposed to the underlying risks of LooksRare, a protocol rated as Risky. The asset has a fixed supply.

Asset Volatility

LOOKS trades with little to no correlation to the overall market.



Things to know about LOOKS

What is LOOKS used for?

LOOKS is the revenue-sharing token for the LooksRare platform. LOOKS stakers receive a percentage on all NFT sales excluding private sales. The main purpose of the token is to reward users who are staking. This includes the team itself as the platform does not accrue any revenue.

LOOKS tokenomics

LOOKS launched with a total supply of 1B tokens. Of this amount, 75% was distributed to the community including 44.1% for volume trading rewards, 18.9% for staking rewards, and 12% for airdrop. The remaining 25% were distributed as follows: 1.7% for liquidity management, 3.35 for strategic sales, 10% for the founding team, and 10% for the treasury.

How does LOOKS accrue value?

LOOKS collects a 2% sales fee (in ETH) on all NFT sales on the platform, excluding private sales. All of ETH collected from these fees are consolidated and distributed to LOOKS stakers.