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![Layer2Alex Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1458395465251229701.png) superweep [@Layer2Alex](/creator/twitter/Layer2Alex) on x 1584 followers
Created: 2025-07-09 21:07:25 UTC

For anyone not so literate in reading commits in the @loopringorg Github, I’ll save you the trouble and show you what message made me pull XXX% of my $LRC funds…. NO defi, No partners, no trading tech… Here goes;
“
We have made the difficult decision to sunset the Loopring DeFi business, with the final
            closure date set for <HighlightDate>July 31st, 2025</HighlightDate> on top of the
            Loopring DeFi portal technology—many of which have been well received by our users.
            However, one of the core challenges we've faced is scalability— specifically, how to
            make these services fully trustless and decentralized.
          </Typography>

          <Typography variant='body1' sx={{ mb: 2, color: theme.colorBase.textSecondary, fontSize: '1.4rem' }}>
            Currently, many Loopring DeFi products aim to bridge CeFi and DeFi, requiring
            participation from market makers operating in a centralized technology. While if
            Loopring alone serves as the primary market maker, these services cannot scale to
            compete with leading DeFi protocols. While the user experience and design of Loopring
            DeFi are compelling, the underlying structure makes it difficult to enable broader,
            permissionless participation in a fully decentralized, non-custodial manner.

After a thorough review, we have decided to shut down all Loopring DeFi services,

This allows us to allocate all resources to focus on improving the Loopring Layer2
            network.
          </Typography>

          <SectionTitle>📅 After the Sunset Date (July 31, 2025)</SectionTitle>

After July 31st, Loopring will cease all services on both the Taiko and Base networks.
            </Typography>
            <BulletList>
              <li>
                Users who do not withdraw their assets from their Loopring DeFi (Layer 3) account
                before the sunset date will have their funds automatically force-withdrawn to the
                upper layer (Taiko or Base).
              </li>
“


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1943054405840048602/c:line.svg)

**Related Topics**
[loopringorg](/topic/loopringorg)
[$lrc](/topic/$lrc)
[coins defi](/topic/coins-defi)
[coins exchange tokens](/topic/coins-exchange-tokens)
[coins zk](/topic/coins-zk)
[coins layer 2](/topic/coins-layer-2)
[coins wallets](/topic/coins-wallets)
[coins arbitrum](/topic/coins-arbitrum)

[Post Link](https://x.com/Layer2Alex/status/1943054405840048602)