Loopring

Loopring

3.0 out of 5 stars
Loopring Opyn

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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.
Opyn:

About

Opyn v2 offers European, cash-settled options that auto-exercise upon expiry. Cash settlement means that option holders don’t have to provide the underlying asset in order to exercise. Rather, the options are settled in the collateral asset, and option holders receive the difference between the price of the underlying asset at expiry and the strike price from option sellers. Opyn options (oTokens) are ERC20s, so they can be trading on any decentralized exchange that follows the ERC20 standard. One of the main reasons investors trade options is to generate income. Similar to yield farming, options can be used to earn yield or generate an income in any market condition. Leverage allows traders to use less money to gain exposure to the movement of an asset's price. Options have similar market exposure to owning an asset, but require less money, allowing for more leverage and flexibility for your portfolio.
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
Opyn:

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
Opyn:

Audience

Decentralized exchange platform for investors
Loopring:

Support

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

Support

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

API

Offers API Not Supported
Opyn:

API

Offers API Not Supported
Loopring:

Screenshots and Videos

Opyn:

Screenshots and Videos

Loopring:

Pricing

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

Pricing

No information available.
Free Version Not 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
Opyn:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software
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.
Loopring:

Training

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

Training

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

Company Information

Loopring
Founded: 2017
China
loopring.org
Opyn:

Company Information

Opyn
Founded: 2019
United States
www.opyn.co
Loopring:

Alternatives

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Opyn:

Alternatives

Loopring:
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Polygon

Polygon Labs
Opyn:
Loopring:
Opyn:
Loopring:
Opyn:
Loopring:
Meter

Meter

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5.0 out of 5 stars
Opyn:
Loopring:

Categories

Opyn:

Categories

Loopring:

Integrations

Ethereum Supported
MetaMask Supported
WalletConnect Supported
Apex Crypto Supported
Binance Supported
Bitrue Supported
Coinbase Supported
Dolomite Supported
Fuse Supported
HitBTC Supported
L2BEAT Supported
Lattice1 Not Supported
Ledger Not Supported
Mesh Supported
Token Terminal Supported
Tradesilvania Supported
Wanchain Supported
Opyn:

Integrations

Ethereum Supported
MetaMask Supported
WalletConnect Supported
Apex Crypto Not Supported
Binance Not Supported
Bitrue Not Supported
Coinbase Not Supported
Dolomite Not Supported
Fuse Not Supported
HitBTC Not Supported
L2BEAT Not Supported
Lattice1 Supported
Ledger Supported
Mesh Not Supported
Token Terminal Not Supported
Tradesilvania Not Supported
Wanchain Not Supported
Loopring:
Claim Loopring and update features and information
Claim Loopring and update features and information
Opyn:
Claim Opyn and update features and information
Claim Opyn and update features and information