Loopring Trading Starts to ScaleNov 30, 2021
Loopring is a ZK-rollup, purpose-built for AMM swaps and orderbook trades. Loopring’s activity has been trending upwards alongside volumes since October. Trades on Loopring are gas-free, which helped the L2 gain traction and surpass $3B in cumulative volume recently.
Loopring recently deployed Counterfactual Wallet, which enables a gas-free experience on Loopring without paying any wallet deployment cost on L1. As Ethereum scaling wars heat up and gas fees continue to frustrate newcomers, ZK-rollups are definitely a technology people should be learning about. If you’re interested to learn more, tune in to our podcast with StarkWare where we go in-depth about ZK-Rollups and what they enable.