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About Lossless

Lossless is a cryptocurrency that freezes fraudulent transactions under fraud identification parameters and returns stolen funds to their owners. Lossless strives to provide a trusted and safe DeFi ecosystem with a Lossless code that token creators can use to mitigate loss from hacks, exploits, or social engineering.

Lossless seeks to build long-term relationships with all its customers and work with a small number of influencers who would serve as ambassadors for the brand. It is an effective way to improve trust in the crypto community and boost its numbers. Furthermore, the project's stake-based incentive system encourages community members to develop efficient hack-spotting mechanisms—the spotter who takes action first receives the reward. 

Token creators insert a code into their tokens to implement the Lossless protocol. The two-step process to recover stolen funds is as follows:

The LSS token is an integral part of our ecosystem that influences the DeFi market and achieves more remarkable results. The token also involves our community when making critical decisions.

Token utility for LSS:

According to the Lossless team, referral and affiliate programs are the reason for the rapid spread of cryptocurrency ecosystems and DeFi solutions. Transparent affiliate campaigns have helped the DeFi space grow in popularity, so it continues to be essential for attracting new users.        

Founded by Vygendas Masilionis and Domantas Pelaitis in 2021, this project brings together engineers, finance professionals, DeFi experts, and white-hat hackers who are dedicated to making crypto investing accessible and safe.

There is a total supply of 100,000,000 LSS tokens.

Market

Canada Market Stats

Market cap

CA$11.1M

Volume (24h)

CA$344,069.18

Circulating supply

55.6M LSS

All time high

CA$2.75

Price change (1h)

-0.08%

Price change (24h)

+2.99%

Price change (7d)

-3.32%

Canada News about Lossless

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This $2.8 Billion Coal Miner Has Been Mining Bitcoin, Too

Alliance Resource Partners now holds $25 million in BTC, which it earned with mining rigs first purchased in 2020.

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Unchained • Apr 30, 24

A16z Makes $90 Million Private Purchase of Optimism’s OP Token

Prominent venture capital firm a16z has snapped up about $90 million of Optimism’s native OP token, according to two sources familiar with the matter, marking the latest institutional bet on the Ethereum Layer 2.  The investment, said to be executed under a two-year vesting period, follows a flur...

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Decrypt • Apr 30, 24

Hong Kong's Bitcoin and Ethereum ETFs a 'Message From China': OSL CEO

After the first day of trading, the CEO of sub-custodian OSL reflects on what the Hong Kong Bitcoin and Ethereum ETFs rollout really means.

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The Block • Apr 30, 24

Prospective stablecoin bill unlikely to be attached to upcoming FAA reauthorization: Democratic aide

A prospective stablecoin bill will likely not be included in the upcoming must-pass FAA bill as lawmakers try to get the bill passed.

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Lossless is on the decline this week.

The price of Lossless has decreased by 0.08% in the last hour and increased by 2.99% in the past 24 hours. Lossless’s price has also fallen by 3.32% in the past week. The current price is CA$0.20 per LSS with a 24-hour trading volume of CA$344.07K. Currently, Lossless is valued at 92.76% below its all time high of CA$2.75. This all-time high was the highest price paid for Lossless since its launch.

The current circulating supply of Lossless is 55,572,671.936 LSS which means that Lossless has as total market cap of 55,572,671.936.

FAQ

What is the current price of Lossless?

We update our Lossless to CAD currency in real-time. Get the live price of Lossless on Coinbase.

What is the market cap of Lossless?

The current market cap of Lossless is CA$11.05M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Lossless?

The all-time high of Lossless is CA$2.75. This all-time high is highest price paid for Lossless since it was launched.

What is the 24 hour trading volume of Lossless?

Over the last 24 hours, the trading volume of Lossless is CA$344.07K.

What other assets are similar to Lossless?

Assets that have a similar market cap to Lossless include Validity, SwftCoin, Vita Inu, and many others. To see a full list, see our comparable market cap assets.

How many Lossless are there?

The current circulating supply of Lossless is 56 million.

Can I buy Lossless on Coinbase?

Yes, Lossless is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Lossless guide.