POPA ReconEarly Ethereum zkRollup Pioneer Loopring to Shut Down DEX, Says zkEVM Has Overtaken Its Architecture
Early Ethereum zkRollup Pioneer Loopring to Shut Down DEX, Says zkEVM Has Overtaken Its Architecture Loopring, one of Ethereum’s earliest zkRollup projects, announced it is shutting down the Loopring DEX effective immediately, with its relayer going offline. The team said Loopring was among the first projects to demonstrate that zero-knowledge proofs could scale Ethereum, but its non-EVM architecture, limited adoption, weak business development, and major LRC exchange delistings in 2026 ultimately led to its closure. Loopring will publish users’ final balances before distributing assets worth…
The excerpt is quoted from a public Telegram channel, which owns its text.