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.

Pricing

Free Version:
Free Version available.

Integrations

All Loopring Integrations
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Screenshots and Video

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Company Facts

Company Name:
Loopring
Date Founded:
2017
Company Location:
China
Company Website:
loopring.org

Product Details

Deployment
SaaS
Android
Training Options
Documentation Hub
Online Training
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Loopring Categories and Features

Smart Contract Platform

Layer 2 Protocols

Decentralized Exchanges (DEX)

DeFi Projects

DApps

Cryptocurrency Exchanges

Automated Market Makers (AMM)

Loopring Customer Reviews

Write a Review
  • Reviewer Name: V K.
    Position: Developer
    Has used product for: Less than 6 months
    Uses the product: Weekly
    Org Size (# of Employees): 20,000 or More
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    This is garbage

    Date: Feb 04 2023
    Summary

    I'm a dev trying to integrate this garbage of a wallet to my website, it's giving me a really hard time.
    No documentation at all.
    Their example on how to connect their own wallet, written by their devs doesn't work, which speaks for itself about the quality of the product they deliver.

    Positive

    I didn't really like anything.
    May be the fact that you changing tokens on l2 is gas free a plus

    Negative

    It doesn't work with any WalletConnect compatible dapp except for their own website.

    Read More...
  • Reviewer Name: Luke R.
    Position: CTO
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Super cheap fees, app works great

    Updated: Dec 02 2021
    Summary

    Loopring are doing something amazing here and I can't wait for the L2 fiat ramps to complete the cycle. Very soon we will have truly decentralized exchanges with super low fees thanks to the Loopring protocol.

    Positive

    It was very easy to link my wallet with the MetaMask extension in Chrome. Then you can trade without paying the gas fees. It only cost $0.40 per trade which is considerably cheaper than gas fees right now.

    Negative

    Nothing really. Interface is basic but this is a beta. The high cost for setting up their L2 wallet is off-putting but that is because of the current gas fee on L1 network.

    Read More...
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