Ethereum zkRollup Pioneer Loopring Shuts Down DEX as Adoption Declines Rapidly
Covered by 2 sources · 2 articles
2 outlets - including Livebitcoinnews and Tronweekly - are covering this story. Loopring ends its Ethereum DEX after years of weak adoption and rising zkEVM competition. LRC plunged about 99% from its peak as liquidity, users, and market confidence steadily declined. User funds will be distributed to Ethereum wallets a…
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Ethereum Pioneer Loopring Shuts Down DEX After Adoption Falls Short
Loopring ends its Ethereum DEX after years of weak adoption and rising zkEVM competition. LRC plunged about 99% from its peak as liquidity, users, and market confidence steadily declined. User funds will be distributed to Ethereum wallets a…
Ethereum zkRollup Pioneer Loopring Shuts Down DEX as Adoption Declines Rapidly
Ethereum zkRollup pioneer Loopring has permanently shut down its decentralized exchange (DEX), marking the end of one of the earliest projects to bring zero-knowledge proof technology to Ethereum scaling. The project’s relayer has already g…