layer 2 DEX failures
Layer 2 DEX Failures: Loopring Shutdown Explained
In mid-2025, Loopring — once celebrated as a pioneering Ethereum Layer 2 exchange — began winding down its user-facing products. By early 2026, its DEX was dark, its token was delisted from Binance, and its wallet app had ceased operations entirely. A project that raised millions and made headlines for