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Description

Bancor serves as a protocol specifically designed for the development of Smart Tokens, representing a novel standard for cryptocurrencies that can be directly exchanged via their smart contracts. This on-chain liquidity protocol facilitates automated and decentralized trading on both Ethereum and other blockchain platforms. The Bancor Protocol operates entirely on-chain and is applicable to any blockchain that supports smart contracts, making it versatile. As an open-source standard for liquidity pools, it provides a crucial interface for automated market-making, allowing for the buying and selling of tokens through a smart contract mechanism. Currently, the Bancor Network is functional on the Ethereum and EOS blockchains, although it is built with the capacity to support additional blockchains in the future. Its design allows for seamless integration into various applications that facilitate value transfer. Furthermore, the implementation is not only open-source and permissionless but also invites contributions from ecosystem participants to continually improve and expand the capabilities of the Bancor Protocol, fostering a collaborative environment for innovation in decentralized finance.

Description

Loopring serves as an open protocol designed for the creation of scalable non-custodial exchanges on the Ethereum network. By utilizing zero-knowledge proofs (zkRollup), it facilitates efficient trading with high throughput and low settlement fees while ensuring the robust security measures characteristic of Ethereum. Throughout the entire trading process, users retain complete control over their assets. You can explore trading on Loopring to experience its features firsthand. As a protocol that is open-sourced, audited, and non-custodial, it eliminates the need for trust among participants within the Loopring ecosystem. Users’ cryptoassets are consistently under their own control, backed by 100% security guarantees equivalent to Ethereum's standards. Loopring enhances the capacity of decentralized exchanges by processing thousands of requests off-chain, ensuring verifiable execution through zero-knowledge proofs. Consequently, the limitations of underlying blockchains are no longer a hindrance to performance. Most functions, such as order-matching and trade settlement, are conducted off the Ethereum blockchain, streamlining operations and enhancing efficiency. This innovative approach positions Loopring as a leader in the realm of decentralized finance.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

CoinLedger Yes 
MetaMask Yes 
Token Terminal Yes 
WalletConnect Yes 
pTokens Yes 
Authereum Yes 
Binance No 
Coinbase No 
Dolomite No 
Droidex Yes 
Eidoo Wallet Yes 
Mesh No 
Parsec Yes 
Torus Yes 
Trezor Yes 
WalletLink Yes 
Wanchain No 
YoBit No 

Integrations

CoinLedger Yes 
MetaMask Yes 
Token Terminal Yes 
WalletConnect Yes 
pTokens Yes 
Authereum No 
Binance Yes 
Coinbase Yes 
Dolomite Yes 
Droidex No 
Eidoo Wallet No 
Mesh Yes 
Parsec No 
Torus No 
Trezor No 
WalletLink No 
Wanchain Yes 
YoBit Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Bancor

Founded

2016

Country

Switzerland

Website

app.bancor.network/eth/data

Vendor Details

Company Name

Loopring

Founded

2017

Country

China

Website

loopring.org

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