Loopring Wallet
Loopring Wallet is a smart wallet powered by zkRollup technology, enabling fast, low-cost Ethereum transactions with built-in Layer 2 scalability. It features self-custody, gas-free transfers, and DeFi integrations like swaps and liquidity providing. Recovery is handled via guardians, similar to Argent. It's best suited for users seeking a secure, high-speed Layer 2 Ethereum experience.
| Loopring Wallet | |
|---|---|
| Supported Assets | Ethereum, ERC-20, Layer 2 assets |
| Social Recovery Method | Guardians & Smart Contracts |
| Wallet Type | Smart Contract Wallet |
| Security Features | Guardians, Layer-2 Security, ZK-Rollups |
| Ease of Use | Moderate |
| Mobile/Web App | Mobile |
| Recovery Mechanism Type | Guardian consensus + smart contract |
| Recovery Time | 24-72 hours |
| Guardian Requirements | Minimum 1 guardian, recommended 3+ |
| Notes / Highlights | Combines Layer 2 speed and efficiency with social recovery |
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