![]() ZkRollup is a type of layer 2 scaling solution on Ethereum, allowing much higher throughput and much lower costs, without sacrificing security. Users can send ETH and ERC20 token transfers to any Ethereum address instantly, cheaply, and securely on L2. Loopring Exchange is more than a DEX, and also acts as a payment app. The exchange is built atop the open source Loopring protocol. Users can trade speedily & cheaply (without worrying about Ethereum congestion or gas fees) while maintaining self-custody control of their assets. It is an orderbook-based and AMM-based exchange that replicates the high-performance, low-cost trading experience of centralized exchanges. Loopring Exchange is a non-custodial Ethereum exchange built on Loopring layer 2. First, two basic questions if you are interested.
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