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COINTELEGRAPH.COM NEWS · CRYPTO ·

Pioneering zk-rollup Loopring closes DEX, citing lack of adoption

As reported by Cointelegraph.com News
“We lacked a virtual machine, no composability, no real‑world payment use cases. That limitation kept our ecosystem from growing,” said the team.
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Pioneering zk-rollup Loopring is shutting down its decentralized exchange (DEX). The team cited a significant lack of adoption as the primary reason for the closure. Key limitations included the absence of a virtual machine, lack of composability, and no real-world payment use…

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