Loopring company info

What does Loopring do?
Loopring (CRYPTO:LRC) stands as an audited, open-source, and non-custodial exchange protocol designed to facilitate decentralized trading exclusively on the Ethereum blockchain. It leverages zkRollup technology, a scaling solution, to deliver rapid and cost-effective trading while maintaining robust security measures. The Loopring ecosystem encompasses a range of services, the most notable being decentralized exchanges (DEXes). Loopring empowers users and developers to create their own DEXes effortlessly, ensuring non-custodial trading and the continued control of users over their assets. Furthermore, Loopring Exchange, built on the Loopring protocol, offers a comprehensive trading experience, featuring spot trading, margin trading, and perpetual swap trading options. To complement these services, Loopring Wallet provides a mobile and web-based solution, allowing users to access not only Loopring Exchange but also various other DEXes. It enables the storage, sending, and receiving of Ethereum and ERC-20 tokens. Loopring's core objectives revolve around improving decentralized trading's accessibility, user-friendliness, and cost-efficiency, all while upholding security standards. In addition to serving as a leading player in the decentralized exchange realm, Loopring is actively contributing to the growth and development of the Ethereum ecosystem, further cementing its significance in the blockchain and DeFi space.
Loopring company media
Company Snapshot

How many people does Loopring employ?

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Employees
50+

What is the market cap for Loopring?

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Market Cap
$382.83M

Where is the head office for Loopring?

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Head Office
Shanghai, China

What year was Loopring founded?

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Year Founded
2017
What does Loopring specialise in?
/AMM /Decentralized Exchange (DEX) Token /DeFi /DEX /Ethereum Ecosystem /Layer 2 /Marketplace /Red Packets /Rollups /Scaling /Smart Contracts /Token /Wallet /Web3 /Zero Knowledge Proofs

What are the products and/or services of Loopring?

Overview of Loopring offerings
Decentralized exchange (DEX) protocol: Loopring is a protocol that allows developers to build and launch their own decentralized exchanges (DEXes). These DEXes are non-custodial, meaning that users always retain control of their funds.
Loopring Counterfactual Wallet (L2 wallet): Loopring Counterfactual Wallet is a Layer 2 wallet that allows users to trade assets on Loopring Exchange without having to pay gas fees.
Loopring Exchange: Loopring Exchange is a DEX that is built on top of the Loopring protocol. It offers a variety of trading features, including spot trading, margin trading, and perpetual swap trading.
Loopring Pay: Loopring Pay is a payment solution that allows users to pay for goods and services using Ethereum and other ERC-20 tokens.
Loopring Wallet: Loopring Wallet is a mobile and web wallet that supports Loopring Exchange and other DEXes. It also allows users to store, send, and receive Ethereum and other ERC-20 tokens.
Loopring ZKPorter: Loopring ZKPorter is a zero-knowledge proof (ZK) scaling solution that can be used to improve the speed and cost-effectiveness of DEXes.
These services make Loopring a valuable platform for developers and users who are looking for a fast, low-cost, and secure way to trade and use cryptocurrencies.