What is Loopring Decentralized Exchange?

Loopring Exchange is a non-custodial Ethereum exchange built on Loopring layer 2. It is an order book-based and AMM-based exchange that replicates the high-performance, low-cost trading experience of centralized exchanges. Users can trade speedily & cheaply (without worrying about Ethereum congestion or gas fees) while maintaining self-custody control of their assets. The exchange is built atop the open-source Loopring protocol.

Loopring Exchange is more than a DEX, and also acts as a payment app. Users can send ETH and ERC20 token transfers to any Ethereum address instantly, cheaply, and securely on L2