Deep Dive
1. UI Overhaul (11 July 2025)
Overview: Loopring’s GitHub shows a major frontend update to its web app (loopring-web-v2), introducing a redesigned interface and improved multi-chain interoperability.
The update prioritizes user experience with simplified navigation, dark/light mode toggles, and Ethereum/Polygon compatibility. Key changes include modular React components and integration with WalletConnect 2.0 for broader wallet support.
What this means: This is neutral for LRC because while usability improvements could attract new users, the update doesn’t directly enhance protocol economics. However, smoother cross-chain interactions may boost ecosystem activity.
(GitHub)
2. Lightcone Relay Development (Q3 2025)
Overview: Loopring’s team is developing “Lightcone” – an Akka-based relay system to optimize Layer 2 transaction processing.
The relay aims to handle 10,000+ TPS by streamlining order matching and zkProof generation. While not fully open-source yet, collaborators like Up Blockchain are testing early implementations.
What this means: This is bullish for LRC because scalable infrastructure could position Loopring as a low-cost DEX contender if adoption follows. However, delayed rollouts remain a risk.
(Loopring 2018 Retrospective)
3. Wallet Shutdown Adjustments (30 June 2025)
Overview: Code commits reflect the sunsetting of Loopring’s native wallet, requiring users to migrate assets via Etherscan interactions.
Developers removed wallet-specific APIs and redirected gas tank withdrawal logic to direct smart contract calls. Documentation guides users on manual contract interactions post-shutdown.
What this means: This is bearish for LRC short-term due to reduced beginner-friendly onboarding, but long-term lets the team focus on core exchange protocol development.
(Loopring Tweet)
Conclusion
Loopring’s recent updates emphasize technical debt reduction and scalability prep, trading user-facing features for backend robustness. While the UI refresh modernizes its platform, the wallet shutdown and relay development signal a pivot toward infrastructure over products. Will streamlined Layer 2 execution help LRC carve a niche against ZKSync and StarkNet?