Loopring Protocol is a high-performance decentralized transaction protocol built on Ethereum. We hope to provide a secure transaction infrastructure for the entire industry, enhance the trading experience of crypto asset holders, and promote the development of a new generation of financial systems. We firmly believe that the second-tier expansion plan of Ethereum (especially zkRollups) is the future development trend.
With the Loopring protocol, DeFi users do not have to choose between security and performance. On the premise of ensuring Ethereum-level security, Loopring's second-layer expansion technology also provides a low-cost, fast transaction and transfer experience.
Loopring's goal is to design and implement the best zkRollup-based decentralized trading protocol on Ethereum while supporting order book matching and automatic market maker (AMM) flash trading.
Loopring ecology has made great progress through development in recent years. Loopring is the first domestic project to go online on Coinbase, and it also launched almost all top cryptocurrency exchanges.
Loopring currently has two products, Loopring smart wallet, and the decentralized trading platform.
Loopring Smart Wallet is the world's first Ethereum smart wallet supported by zkRollup. Compared with traditional wallets, Loopring Smart Wallet integrates Loopring’s zero-knowledge proof that the second-layer expansion protocol is safe, fast, easy to use, and money-saving.
Loopring's decentralized trading platform is also based on zkRollup technology, which can compete with centralized exchanges in terms of speed, cost, and experience while providing users with much higher security than centralized exchanges.