Loopring Wallet: L2 Dex & Defi

2.44K reviews
Content rating
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About this app

The Loopring wallet is not only a smart contract wallet with superb security but also a DEX that supports Order Book mode; moreover a pathway to integrate DeFi and traditional CeFi products in a trustless mode. 

Be your own bank and stay in control with a Loopring wallet! 

Harness the power of zkRollups with Loopring L2; trade, transfer assets with Ethereum-level security at 100x lower fees and faster transactions:
Easily move assets between your wallet’s L1 and L2 accounts.
Manage your NFT collections. Send and receive tokens/NFTs quickly; supporting ERC-20, ERC-721 and ERC-1155.
Trade assets using a simple Swap view; 
Unleash advanced trading experiences in Order Book mode.

By leveraging the great DeFi port technology under L2, the Looping wallet provides a one-stop shop solution to integrate the most popular earning products, allowing users to participate without losing control of their own assets in a pure trustless mode. 
Buy low or Sell high and enjoy a high yield via Dual Investment 
Earn passive income by providing AMM liquidity
Stake ETH to accumulate stable yield via Lido or Rocket Pool 

The Loopring Wallet is self-custodial, meaning only you are in control of your assets. It is also managed by a smart contract, allowing for enhanced security features:
Social recovery with Guardians: trusted contacts help you protect and recover your wallet should you ever lose your mobile device. No Secret Recovery Phrases to remember or risk losing.
Cloud recovery: back up your wallet safely and securely to the cloud (iCloud / Google Drive)
Secure your wallet: increase the security by enabling two-factor authentication (2FA)
Lock your wallet: if your mobile device is lost or stolen, instantly lock your wallet until you're back in control.
Daily quotas: set limits for the maximum value of tokens that can be transferred in a 24 hour period.
Whitelist addresses: trusted contacts are exempt from your daily quota limit.

Access additional features designed with quality of life in mind:
Send and receive Red Packets, gifted envelopes containing Ethereum assets.
Bind an ENS to your wallet, making it easier to remember your address.
Sign in daily to earn points that can be used to cover transaction fees.
Updated on
Sep 28, 2023

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region, and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
This app may collect these data types
Personal info, App activity and 2 others
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

2.4K reviews
Colin Downey
December 19, 2021
A great app! Sure, the initial fee can be high, but if you check it frequently enough you can get it cheap. Once setup, the UI is really easy to navigate and everything is easily accessible, transferable, and with insanely cheep gas fees. Looking forward to see what other features are added in the future.
51 people found this review helpful
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January 28, 2022
Very impressed with this app. Developers continue to improve it. Never had an error or crash. Yes, full functionality requires a one-time fee. Yes, it's worth it. Every service claims to provide "best execution" I think Loopring does provide that. Rock bottom fees. Never failed a transaction. 10-40% APR for liquidity providers.
48 people found this review helpful
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Mark Filice
December 18, 2021
As someone new to crypto, there was a learning curve setting this up but for overall it was pretty straightforward and user friendly in my opinion. This'll be a game changer once they add fiat onramp. I'd recommend to anyone interested. Definitely do your research on gas fees beforehand and set up the wallet when they are low, a lot of the negative reviews seem to be from people who didn't do this & paid a lot. You can see the cost before submitting & refresh until you get a better price.
86 people found this review helpful
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What's new

1. Fix several user experience issues.