According to Wu Blockchain, the early Ethereum zkRollup project Loopring has announced the permanent closure of the Loopring DEX starting today. The Relayer has ceased operations, and all trading services have been terminated. The team stated that as the first zkRollup project, Loopring faced challenges such as a lack of EVM compatibility, insufficient ecosystem adoption, limited business development capabilities, and the delisting of LRC from multiple exchanges by 2026, leading to the decision to end its services. The official announcement mentions that they will disclose users' final asset balances and, after a two-week public notice period, will cover Gas fees to batch return assets worth $10 or more directly to the corresponding Ethereum L1 addresses. https://www.(wublock123.com)/news/loopring-permanently-shuts-dex-returns-user-funds-63630