Loopring is an open source and multilateral token exchange protocol. It is based on smart contracts for decentralized exchanges on the Ethereum blockchain.
It allows for multiple exchanges to mix and match orders, off-chain order-matching and on-chain transaction clearing and payment.
The company provides traders, participants and institutions a decentralized and automated trade execution system. It implements trades across the world’s crypto exchanges, protecting traders from counterparty risk and reducing trading costs.