Loopring

Loopring

3.0 out of 5 stars
Meter

Meter

Decentralized Finance Labs
5.0 out of 5 stars
Loopring Meter

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Loopring:

About

Loopring is an open protocol for building scalable non-custodial exchanges on Ethereum. Leveraging zero-knowledge proofs (zkRollup), it allows for high performance trading (high throughput, low settlement cost), without sacrificing Ethereum-level security guarantees. Users always maintain 100% control of their assets throughout the trade lifecycle. You can trade on Loopring to test it out. Loopring is an open-sourced, audited, and non-custodial exchange protocol, which means nobody in the Loopring ecosystem needs to trust others. Cryptoassets are always under users' own control, with 100% Ethereum-level security guarantees. Loopring powers highly scalable decentralized exchanges by batch-processing thousands of requests off-chain, with verifiably correct execution via ZKPs. The performance of underlying blockchains is no longer the bottleneck. Loopring performs most operations, including order-matching and trade settlement, off the Ethereum blockchain.
Meter:

About

Meter is a high performance infrastructure that allows smart contracts to scale and travel seamlessly through heterogeneous blockchain networks. Meter is a Layer 1 and Layer 2 blockchain protocol. The Meter system consists of two tokens: MTRG, the governance token (eMTRG is the ERC20 version), and MTR, the low-volatility currency token. Financial assets should flow freely among blockchains. Meter’s HotStuff-based consensus allows 1000s of validator nodes, making Meter the most decentralized Layer 2 for Ethereum. Meter processes thousands of transactions per second and transactions are confirmed almost instantly. Meter Passport allows assets and smart contracts travel and communicate across heterogeneous blockchains for the best price, liquidity and yield. Meter is an Ethereum Compatible with unique enhancements. Unlike other Layer 2, DEXes build on Meter are front running/MEV resistant, fast and uncensorable.
Loopring:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Supported
Chromebook Not Supported
Meter:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Loopring:

Audience

Anyone interested in a open protocol for highly scalable, non-custodial exchanges and payments on Ethereum using zkRollup
Meter:

Audience

Blockchain developers and crypto traders interested in a high performance infrastructure that allows smart contracts to scale and travel seamlessly through heterogeneous blockchain networks
Loopring:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported
Meter:

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Not Supported
Loopring:

API

Offers API Not Supported
Meter:

API

Offers API Not Supported
Loopring:

Screenshots and Videos

Meter:

Screenshots and Videos

Loopring:

Pricing

No information available.
Free Version Supported
Free Trial Not Supported
Meter:

Pricing

No information available.
Free Version Supported
Free Trial Not Supported
Loopring:

Reviews/Ratings

Overall 3.0 / 5
ease 3.5 / 5
features 3.0 / 5
design 2.5 / 5
support 2.5 / 5
Meter:

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5
Loopring:

Pros & Cons from Real Users

Pros

  • I didn't really like anything. May be the fact that you changing tokens on l2 is gas free a plus
  • It was very easy to link my wallet with the MetaMask extension in Chrome. Then you can trade without paying the gas fees. It only cost $0.40 per trade which is considerably cheaper than gas fees right now.

Cons

  • It doesn't work with any WalletConnect compatible dapp except for their own website.
  • Nothing really. Interface is basic but this is a beta. The high cost for setting up their L2 wallet is off-putting but that is because of the current gas fee on L1 network.
Meter:

Pros & Cons from Real Users

Pros

  • Meter is lightning fast, and solves all of Ethereum's scaling problems. They have a very unique whitepaper in that they have their own native stablecoin (MTR) that is pegged to the price of 10kWh of energy, rather than to a fiat dollar amount. They also offer MTRG, which is the governance token (or eMTRG if you want to buy the ERC-20 version of the token). The VoltSwap cross-chain DEX built on Meter is fantastic, and the Meter Passport (cross-chain bridge) works extremely well and is constantly onboarding new chains like Moonriver, etc.

Cons

  • None so far. Only thing is we need more developers building on Meter ASAP.
Loopring:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
Meter:

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported
Loopring:

Company Information

Loopring
Founded: 2017
China
loopring.org
Meter:

Company Information

Decentralized Finance Labs
Founded: 2018
United States
www.meter.io
Loopring:

Alternatives

ParaSwap

ParaSwap

5.0 out of 5 stars
Meter:

Alternatives

Loopring:
Polygon

Polygon

Polygon Labs
Meter:
Loopring:
Meter:
Moonriver

Moonriver

Moonbeam Network
Loopring:
Meter:
VoltSwap

VoltSwap

Meter
5.0 out of 5 stars
Loopring:
Meter

Meter

Decentralized Finance Labs
5.0 out of 5 stars
Meter:
Meter Passport

Meter Passport

VoltSwap
Loopring:

Categories

Meter:

Categories

Blockchain Supported
DApps Supported
DeFi Projects Supported
Layer 1 Protocols Supported
Layer 2 Protocols Supported
Smart Contract Supported
Loopring:

Integrations

Ethereum Supported
Gate.io Supported
MetaMask Supported
Uniswap Supported
Apex Crypto Supported
Bitget Wallet Not Supported
ChadSwap Not Supported
Chee Finance Not Supported
CoinLedger Supported
Coinbase Supported
Dolomite Supported
HitBTC Supported
Mesh Supported
Meter Passport Not Supported
Offshift Not Supported
Pocket Network (POKT) Not Supported
Sumer.money Not Supported
Token Terminal Supported
YoBit Supported
Meter:

Integrations

Ethereum Supported
Gate.io Supported
MetaMask Supported
Uniswap Supported
Apex Crypto Not Supported
Bitget Wallet Supported
ChadSwap Supported
Chee Finance Supported
CoinLedger Not Supported
Coinbase Not Supported
Dolomite Not Supported
HitBTC Not Supported
Mesh Not Supported
Meter Passport Supported
Offshift Supported
Pocket Network (POKT) Supported
Sumer.money Supported
Token Terminal Not Supported
YoBit Not Supported
Loopring:
Claim Loopring and update features and information
Claim Loopring and update features and information
Meter:
Claim Meter and update features and information
Claim Meter and update features and information