PANews
PANews|Jun 28, 2026 23:56
[Loopring Announces Closure of Loopring DEX and Return of User Assets] Ethereum Layer 2 protocol Loopring announced on the X platform that Loopring DEX will immediately cease all trading services. The relayer will be taken offline immediately. The team stated that the closure is due to the lack of meaningful adoption. As the first zkRollup, the absence of a virtual machine limited ecosystem growth. Additionally, the delisting of LRC from major exchanges in 2026 accelerated the outcome, while modern zkEVM solutions have rendered its dedicated architecture outdated.
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