Loopring Description

Loopring is an open protocol that allows you to build scalable, non-custodial Ethereum exchanges. It leverages zero-knowledge proofs, zkRollup, to allow high-performance trading (high throughput and low settlement cost), without compromising Ethereum-level security guarantees. Throughout the trade lifecycle, users always have 100% control over their assets. Loopring allows you to trade on it. Loopring is an open-sourced and audited non-custodial exchange protocol. This means that no one in the Loopring ecosystem has to trust anyone else. With 100% Ethereum-level security guarantees, cryptoassets can be managed by users. Loopring is a highly scalable, decentralized exchange that batch-processes thousands of requests off-chain. This allows for verifiable correct execution via ZKPs. The performance of the underlying blockchains are no longer the bottleneck. Loopring is able to perform most operations, including order matching and trade settlement, using the Ethereum blockchain.

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Pricing

Free Version:
Yes

Integrations

View Integrations

Reviews - 2 Verified Reviews

Total
ease
features
design
support
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Company Details

Company:
Loopring
Year Founded:
2017
Headquarters:
China
Website:
loopring.org

Media

Play Video Loopring Screenshot 1 Loopring Screenshot 2 Loopring Screenshot 3 Loopring Screenshot 4 Loopring Screenshot 5
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Product Details

Platforms
SaaS
Android
Type of Training
Documentation
Live Online
Customer Support
Online

Loopring Features and Options

Loopring User Reviews

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  • Name: Luke R.
    Job Title: CTO
    Length of product use: Less than 6 months
    Used How Often?: Daily
    Role: User
    Organization Size: 1 - 25
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to Recommend to Others
    1 2 3 4 5 6 7 8 9 10

    Super cheap fees, app works great

    Edited: 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...
  • Name: V K.
    Job Title: Developer
    Length of product use: Less than 6 months
    Used How Often?: Weekly
    Role: User
    Organization Size: 20,000 or More
    Features
    Design
    Ease
    Pricing
    Support
    Likelihood to 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...
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