Loopring, the first zk-rollup DEX on Ethereum, announced an immediate shutdown today.


Reason: outdated architecture, non-EVM limitations, and user growth failing to keep up.
LRC at $0.012, down 2.41%—the market isn't even reacting strongly, because nobody cares anymore.
ZK-rollup was once narrated as "the ultimate solution for Ethereum scaling."
But reality: ZK-native DEX can't beat CEX in user experience, can't beat AMM in asset diversity, and can't beat Base/Arbitrum in ecosystem gravity.
Good tech ≠ people use the product.
Loopring wasn't killed by hackers; it was killed by boredom—nobody trades on your ZK proof, and no matter how elegant the proof, it can't save zero liquidity.
An even more ironic detail: during the shutdown refund, user assets ≥$10 were batch refunded centrally to L1. A decentralized exchange, when shutting down, still used centralized refunds.
"ZK is the future" needs a qualifier: ZK is the future of infrastructure, but ZK-native DEX is not.
LRC-0.24%
ETH0.35%
ARB-2.76%
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GateUser-f37adc64
· 06-29 08:05
Bullish on ARB, it's about to start rising soon.
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