Dossier
Loopring
Coverage of Loopring in the Nexus archive.
- 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.
- Pioneering zk-rollup Loopring closes DEX, citing lack of adoption
Pioneering zk-rollup Loopring has closed its decentralized exchange (DEX) due to lack of adoption. The team cited missing features like a virtual machine, composability, and real-world payment use cases as barriers to ecosystem growth.