Loopring protocol is a chain-agnostic layer 2 scaling solution, designed specifically to facilitate decentralized exchanges (DEX) and payment systems. Currently, it works with the Ethereum, NEO, and Qtum blockchains. With that in mind, it is one of the critical infrastructures that powers the DeFi web.
Technically, it is an open source automatic token exchange protocol. Moreover, it runs on a high-throughput, non-custodial, decentralized and secure protocol system. Loopring's design further ensures protection against front-running attacks, Sybil, distributed attacks, and other forms of fraud.
