Loopring

Loopring receives a B- risk grade (30/100) from Hindenrank, where lower scores indicate lower risk. Defunct — Loopring shut down its DEX on June 28, 2026 after sustained volume loss, major exchange delistings, and CEO departure. LRC token has no operational protocol backing. Loopring was a pioneering zkRollup Layer 2 DEX on Ethereum that shut down operations on June 28, 2026. After losing 96%+ of TVL from its 2021 peak and facing major exchange delistings from Upbit and Binance, the team ceased DEX and relayer operations. LRC token holders received L2 balances returned via team-controlled distribution. LRC now trades at ~$0.01 with no active protocol backing it.

The key risks identified for Loopring are: (1) Protocol fully shut down — no active DEX, no fee generation, no utility for LRC staking (2) Binance and Upbit delisted LRC in 2026 — liquidity severely limited (3) Trustless exit abandoned at shutdown — team controlled final fund distribution

Loopring scores 30/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 3/20, Oracle Surface: 0/10, Documentation Gaps: 0/10, Track Record: 3/15, Scale Exposure: 3/10, Regulatory Risk: 8/10, Vitality Risk: 10/10. The highest risk area is Vitality Risk at 10/10.

Among 116 rated DEX protocols on Hindenrank, Loopring ranks #43 by safety (lowest risk score = safest). Its 30/100 risk score and B- grade place it in the middle tier of DEX protocols.

Loopring scores 3/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.