Express

First DEX Built On Top Of Loopring 3.0 Is Live On Ethereum

Ramsey Baker

Summary: WeDEX, the first DEX built on top of Loopring 3.0, is officially live on the Ethereum mainnet, according to a blog post from Loopring founder and CEO Daniel Wang. On WeDEX’s first day of beta launch it successfully settled more than 20K trades, with Ethereum-level security guarantees — and this cost 1.4 ETH in gas total, at ...

WeDEX, the first DEX built on top of Loopring 3.0, is officially live on the Ethereum mainnet, according to a blog post from Loopring founder and CEO Daniel Wang.

On WeDEX’s first day of beta launch it successfully settled more than 20K trades, with Ethereum-level security guarantees — and this cost 1.4 ETH in gas total, at a gas price of ~5.2 gwei. According to Loopring, this is the first working DEX on Ethereum mainnet scaled with zkRollup.

By Ramsey Baker

Last Update:

Tags: ,,,
Link: First DEX Built On Top Of Loopring 3.0 Is Live On Ethereum   [Copy]
  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 3 days ago
  • Is the Crypto Bull Market Over? 4 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 4 days ago
  • The Endgame of Layer 2s, Explained 7 days ago
  • The Bitcoin Halving is Complete! What’s Next? 15 days ago
  • You need to login to comment.