Loopring: A Decentralized Token Exchange Protocol

Loopring: A Decentralized Token Exchange ProtocolDaniel 8, 2018 AbstractLoopring is an open Protocol for building Decentralized exchanges. loopring operates as a public set of smartcontracts responsible for trade and settlement, with an off-chain group of actors aggregating and communicating Protocol is free, extensible, and serves as a standardized building block for Decentralized applications (dApps) thatincorporate Exchange functionality. Its interoperable standards facilitate trustless, anonymous trading. An importantimprovement over current Decentralized Exchange protocols is the ability for orders to be mix-and-matched with other,dissimilar orders, obviating the constraints of two- Token trading pairs and drastically improving liquidity.

It’s worth noting that as centralized exchanges win market share, they become an ever-larger hacking target. From the point of view of users, fragmented liquidity signi cantly reduces user experience. In a centralized ex-change, users are only able to trade within the exchange’s own liquidity pools, against its own order book, and be-

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  Worth, S worth, Loopring

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