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What is Meter?

Meter is an advanced infrastructure specifically designed to allow smart contracts to scale and operate seamlessly across multiple blockchain networks. As a hybrid of Layer 1 and Layer 2 protocols, Meter revolves around two essential tokens: MTRG, serving as the governance token (with its ERC20 version known as eMTRG), and MTR, which functions as a stable currency token. To ensure smooth and unrestricted transfer of financial assets among blockchains, Meter utilizes a HotStuff-based consensus mechanism that accommodates thousands of validator nodes, establishing itself as the most decentralized Layer 2 solution for Ethereum. The platform boasts the ability to handle thousands of transactions per second, resulting in near-instant transaction confirmations. Furthermore, Meter Passport allows for assets and smart contracts to move and engage across different blockchains, optimizing aspects such as price, liquidity, and yield. Notably, Meter distinguishes itself as an Ethereum-compatible platform enriched with unique characteristics. Unlike other Layer 2 solutions, decentralized exchanges (DEXes) on Meter are designed to be impervious to front-running and miner extractable value (MEV) dilemmas, ensuring transactions are both rapid and censorship-resistant. This unique blend of features positions Meter as a formidable contender in the ever-evolving blockchain landscape, demonstrating its potential to revolutionize cross-chain interactions.

What is Loopring?

Loopring is an open-source protocol that enables the development of scalable non-custodial exchanges within the Ethereum ecosystem. By leveraging zero-knowledge proofs (zkRollup), it allows for efficient trading that boasts high throughput and minimal settlement fees while maintaining the strong security features synonymous with Ethereum. Users enjoy complete control over their assets throughout the trading journey, enhancing their overall experience. Engaging with Loopring lets individuals witness its capabilities in action. As a fully audited and non-custodial protocol, it fosters trustless interactions among participants in the Loopring network. This ensures that users' crypto assets remain under their own control, safeguarded by security guarantees that align with Ethereum's standards. Loopring significantly boosts the performance of decentralized exchanges by handling thousands of requests off-chain, with verifiable execution assured through zero-knowledge proofs. This means that the performance limitations of the underlying blockchains no longer impede operations. Most functionalities, including order-matching and trade settlements, take place off the Ethereum blockchain, leading to greater operational efficiency. This groundbreaking methodology firmly establishes Loopring as a frontrunner in the decentralized finance sector, paving the way for future innovations in trading technology.

Media

Media

Integrations Supported

Ethereum
Gate.io
MetaMask
Uniswap
Binance Web3 Wallet
BusinessBuilders
Chee Finance
Sumer.money
VoltSwap

Integrations Supported

Ethereum
Gate.io
MetaMask
Uniswap
Apex Crypto
Bitfinex
Bitrue
CoinLedger
Dolomite
Mesh
Token Terminal
Wanchain
pTokens

API Availability

API Availability

Pricing Information

Pricing not provided
Free Version

Pricing Information

Pricing not provided
Free Version

Supported Platforms

SaaS

Supported Platforms

SaaS
Android

Customer Service / Support

Not specified

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Decentralized Finance Labs

Date Founded

2018

Company Location

United States

Company Website

www.meter.io

Company Facts

Organization Name

Loopring

Date Founded

2017

Company Location

China

Company Website

loopring.org

Categories and Features

Blockchain

Not specified

DApps

Not specified

DeFi Projects

Not specified

Layer 1 Protocols

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

Categories and Features

DApps

Not specified

DeFi Projects

Not specified

Layer 2 Protocols

Not specified

Smart Contract

Not specified

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