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What is Loopring?
Loopring is a non-custodial exchange protocol built on Ethereum (zkRollups). Loopring was founded by Daniel Wang & Jay Zhou and launched in 2017.How does Loopring work?
Liquidity providers deposit funds into Loopring and receive trading fees from traders. Market makers offer trades through order book and make money on bid-ask spreads and market maker rebates. (supply-side fees).Who governs Loopring?
LRC tokenholders own and govern the protocol. They currently take a cut of the total trading fees paid by traders (revenue). Loopring's investors include Fundamental Labs, Obsidian Capital, Eden Block, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.