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Created with Highcharts 11.4.824H7D1M1YAll

Source: CoinMarketCap

Use Cases
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Facilitating the creation of Decentralised Exchanges (DEXs) by providing a standardised set of smart contracts
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Enabling cross-chain and cross-platform token trading, enhancing liquidity for all participating platforms
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Allowing users to retain control of their private keys and funds, removing the risk of funds being stolen from centralised exchanges
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Offering a solution to the front-running problem that plagues existing exchanges by preserving the integrity of trade orders
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Providing the means for multiple cryptocurrencies to be traded in a single transaction, improving liquidity and price discovery
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Serving as a foundational infrastructure for developers to build applications that require exchange functionality
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Enabling trustless and anonymous trading without the need for a central authority or intermediary
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Supporting the tokenization of traditional assets, allowing real-world assets to be traded on blockchain networks
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Providing an efficient and cost-effective way to modify and update orders through the Loopring protocol
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Allowing for real-time sharing of liquidity and order books through the relay-mesh structure Loopring introduces.
Our Analysis


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About the coin
Loopring is a blockchain protocol designed to facilitate the creation of Decentralised exchanges (DEXs) through the use of a unique combination of off-chain order matching and on-chain settlement. Founded by Daniel Wang and his team, Loopring was first presented in 2017 and operates on a unique model that allows for the mixing and matching of orders, vastly enhancing liquidity and trading efficiency. Its protocol allows for multiple cross-chain and cross-exchange trades to be fulfilled simultaneously and securely, without requiring users to give up custody of their tokens to a centralised exchange. Notably, Loopring also incorporates a solution to prevent front-running, a common issue in other exchange models. This protocol is designed to be blockchain agnostic and has initially been deployed on platforms such as Ethereum and Qtum, with plans to expand to others like NEO.
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1 = $0.08231195
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