Hassan Maishera
The Loopring team announced via a tweet on Tuesday that it has achieved a new trading volume milestone. Loopring’s total layer-2 (L2) trading volume crossed the $5 billion mark for the first time earlier this week.
Loopring aims to build an open protocol for scalable, non-custodial, orderbook-based exchanges on Ethereum by leveraging zero-knowledge proofs. LRC, Loopring’s native token, is down by less than 1% today and is trading at $0.5857 at press time.
