We are very happy to announce that NIOX is one of the first tokens that got added to Looprings newest version of their order book based decentralized exchange.

Enjoy trading NIOX on Looprings fast and secure layer 2 solution.

Loopring’s Layer 2

Loopring is a leading layer 2 protocol delivering a high performance, low cost exchange and payment protocol on Ethereum. Loopring takes an approach known as zkRollup proposed by Vitalik Buterin. zkRollup migrates most computations off-chain and only broadcasts exchanges’ new state roots and their corresponding proofs onto Ethereum. Loopring’s throughput is as high as 2,025 trades per second, without sacrificing any Layer 1 security at all. The corollary is that the cost per trade settlement is as small as $0.00015 USD. Loopring’s performance is sufficient for professional traders and market makers to deploy algorithmic strategies and other automated trading bots.