Meter

Meter

Decentralized Finance Labs
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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.

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.

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

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

Audience

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

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

Support

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

Support

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

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Supported
Free Trial Not Supported

Reviews/Ratings

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

Reviews/Ratings

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

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.

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.

Training

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

Training

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

Company Information

Loopring
Founded: 2017
China
loopring.org

Company Information

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

Alternatives

Alternatives

Polygon

Polygon

Polygon Labs
Moonriver

Moonriver

Moonbeam Network
VoltSwap

VoltSwap

Meter
Starknet

Starknet

StarkWare
Meter Passport

Meter Passport

VoltSwap

Categories

Categories

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

Integrations

Ethereum Supported
Gate.io Supported
MetaMask Supported
Uniswap Supported
BNB Smart Chain (BSC) Not Supported
Binance Supported
Binance Web3 Wallet Not Supported
Bitfinex Supported
Bitrue Supported
Chee Finance Not Supported
CoinLedger Supported
Guarda Wallet Supported
Kryptos Not Supported
Mesh Supported
Pocket Network (POKT) Not Supported
Verse Network Not Supported
Wanchain Supported
pTokens Supported

Integrations

Ethereum Supported
Gate.io Supported
MetaMask Supported
Uniswap Supported
BNB Smart Chain (BSC) Supported
Binance Not Supported
Binance Web3 Wallet Supported
Bitfinex Not Supported
Bitrue Not Supported
Chee Finance Supported
CoinLedger Not Supported
Guarda Wallet Not Supported
Kryptos Supported
Mesh Not Supported
Pocket Network (POKT) Supported
Verse Network Supported
Wanchain Not Supported
pTokens Not Supported
Claim Loopring and update features and information
Claim Loopring and update features and information
Claim Meter and update features and information
Claim Meter and update features and information