# Migrating off Loopring DEX (2026) - Verdict

**Status: Dead · Jun 29, 2026.** Loopring DEX has shut down.

Loopring ran the first zkRollup DEX on Ethereum: users traded tokens and NFTs on a low-fee layer 2, with balances secured by zero-knowledge proofs settled on L1. In late June 2026 the team announced it was ceasing all trading services effective immediately and took the relayer offline, citing weak adoption and obsolescence versus zkEVM networks.

SOURCE: The Crypto Times - https://www.cryptotimes.io/2026/06/29/loopring-shuts-down-its-dex-disabling-the-trustless-exit-it-pioneered/

Category: Crypto-Adjacent Dev & Finance Tools

## What this means

The service is no longer operating. Funds are returned centrally, not by user exit: the team said it would publish a final balance list, hold a two-week review window, then send tokens to users' L1 Ethereum addresses with gas covered. Accounts with a final balance below $10 are excluded from the distribution, and the trustless Merkle-proof exit was disabled in favor of this team-run payout. Watch Loopring's official channels for the final balance list if you held anything on the DEX.

## Where to go (live alternatives)

- **Uniswap** - The largest live Ethereum DEX, deployed on mainnet and major L2s (Arbitrum, Optimism, Base), so ex-Loopring users keep self-custodial trading with low L2 fees.
- **dYdX** - Live decentralized exchange with an orderbook trading model, the closest fit for traders who used Loopring's orderbook rather than an AMM.
- **zkSync Era** - General-purpose zkEVM layer 2, the class of network Loopring's own team cited as superseding it, with a full ecosystem of DEXes and wallets.
- **Arbitrum** - The biggest Ethereum layer 2 by TVL, with a mature DEX ecosystem for cheap on-chain trading.

## FAQ

### Is Loopring DEX really shutting down?
Loopring DEX has shut down as of Jun 29, 2026. SOURCE: The Crypto Times - https://www.cryptotimes.io/2026/06/29/loopring-shuts-down-its-dex-disabling-the-trustless-exit-it-pioneered/

### What should I do with my data?
Funds are returned centrally, not by user exit: the team said it would publish a final balance list, hold a two-week review window, then send tokens to users' L1 Ethereum addresses with gas covered. Accounts with a final balance below $10 are excluded from the distribution, and the trustless Merkle-proof exit was disabled in favor of this team-run payout. Watch Loopring's official channels for the final balance list if you held anything on the DEX.

### What is the best alternative to Loopring DEX?
Consider Uniswap, dYdX, zkSync Era - all live.

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