Loopring is an open-sourced, decentralized exchange protocol based on Ethereum. It provides high liquidity and allows users to trade globally. The protocol allows developers to build payment applications using Zero-Knowledge Proofs based on Layer-2 Ethereum scaling.
It is an Ethereum zkRollup protocol which aggregates and executes transactions off-chain to ensure assets are always under users' own control.
Loopring aims to integrate centralized and decentralized cryptocurrency exchanges to find a solution that overcomes the inefficiencies of both and enjoy their unique advantages.