Loopring Shuts Down DEX as Early Ethereum zk-Rollup Pioneer Exits the Market

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Loopring, one of Ethereum’s earliest zero-knowledge (zk) rollup projects, has shut down its decentralized exchange (DEX) and automated market maker (AMM), bringing an end to one of the blockchain industry’s first large-scale experiments in zk-rollup-based trading infrastructure. The team announced that all trading services have stopped with immediate effect and that the protocol’s relayer, a key component responsible for processing off-chain transactions before settlement on Ethereum, has been taken offline.

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Telemac
Telemachttp://cryptoinfo.ch
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