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The Nexus
TECHNOLOGYJun 29 · 07:21 UTCTHE BLOCKDanny Park

Ethereum zkRollup project Loopring sunsets DEX, citing lack of meaningful adoption

Loopring, an Ethereum zkRollup project, is discontinuing its decentralized exchange (DEX) due to insufficient adoption. The project plans to return all remaining user funds via a smart contract upgrade, eliminating transaction costs for users.

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