The tokens of protocols offering attractive trading products and services have benefited from the bullish sentiment surrounding Bitcoin’s rally to multi-year highs.
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Category: Loopring
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DEXs launch ‘L2 Squared’ alliance to promote Ethereum scalability
DeversiFi and Loopring partner up to improve scalability solutions based on layer two technology.
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DeFi mainstreaming impossible until DEXs integrate layer 2, experts say
DeFi is booming again but experts caution that mainstreaming won’t occur without decentralized exchanges integrating layer 2 options.
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Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week
Years ago the cryptocurrency community did not have access to a plethora of decentralized exchanges (dex). In 2020 with the rise of Ethereum, dex platforms have grown exponentially with trading applications like Uniswap, 0x, Kyber, and more. Dex trading growth has spiked over 68% this week alone and during the last seven days, $2.4 billion […]
The post Dex Platforms Trade Over $2.4 Billion in 7 Days, Defi Swaps up 68% Since Last Week appeared first on Bitcoin News.
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Loopring DEX Quickly Fixes Major Bug Before It Can Be Exploited
A security vulnerability on decentralized exchange, Loopring, was identified and quickly patched before it could be exploited.
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Totle Swap is the Latest Project to Integrate Loopring
The recent Loopring update offers tremendous throughput improvements for the cryptocurrency industry. Totle Swap is the latest service provider to integrate this functionality. Any exchange or trading platform benefits from what Loopring has brought to the table in the recent update. Unlocking the Power of Loopring Any improvement in scalability and transaction throughput will be greatly appreciated. Totle Swap allows users to swap ether or top erc20 coins directly Due to the integration of LRC support, swaps between the different ecosystems will be a lot faster. As Loopring is completely open, developers can launch decentralized trading services on top of
The post Totle Swap is the Latest Project to Integrate Loopring appeared first on The Merkle Hash.
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LoopRing’s zkRollup Continues to Demonstrate Tremendous Potential
There are always some developments in the cryptocurrency space worth paying attention to. LoopRing’s implementation of zkRollup for DEXes is certainly paying off. It is a very interesting way of scaling transactions on Ethereum. zkRollup is a Powerful Tool The main benefit of zkRollup is how transactions can be bunched together, instead of being handled individually. Several DEXes could benefit from implementing this technology in the future. WeDEX is one of the exchanges utilizing this technology so far. With nearly 400,000 trades completed at a cost or 9.2 ETH for gas, the improvement is quite palpable. This results in a
The post LoopRing’s zkRollup Continues to Demonstrate Tremendous Potential appeared first on The Merkle Hash.
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