Last Updated on December 17, 2021
Loopring is an open-sourced, audited, and non-custodial exchange and payment protocol. Nobody in the Loopring ecosystem needs to trust others. zkRollup (zero knowledge rollups) assures assets are always under users’ own control; 100% Ethereum-level security guarantees.
Loopring powers highly scalable decentralized exchanges and payments by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs. The performance of Ethereum is no longer the bottleneck.
Loopring is the first scalable DEX protocol built with zkRollup for Ethereum. Using Loopring, people can build a high-performance, orderbook-based, decentralized exchanges that do not take custody of users’ crypto-assets. Due to the use of zkRollup, a layer-2 scalability solution, Loopring is capable of settling more than 2,000 trades per second on Ethereum 1.0. If you would like to learn more about Loopring’s design and technical details, please check out Loopring’s official website: https://loopring.org.