Loopring is a decentralized exchange protocol built on Ethereum using zkRollup technology. This Layer-2 solution processes computations off-chain, using Ethereum solely for data and verification. This architecture enables a throughput of up to 2,025 trades per second with a settlement cost of approximately $0.00015 per trade.

The protocol supports both orderbook and Automated Market Maker models. Its high performance and low fees enable professional trading strategies and automated bots, making non-custodial, orderbook-based exchanges commercially viable. This positions them to compete with centralized exchanges.