The target token to trade. For example, in the LRC-ETH trading pair, LRC is referred to as the base token.
DEX
Decentralized Exchange - An exchange that uses self-custodial wallets ensuring each person retains their assets at all times.
EdDSA
The signing algorithm is used by Loopring to sign off-chain requests. EdDSA is more circuit friendly compared to Ethereum's ECDSA algorithm.
nftData
A hash of NFT parameters: minter address, NFT type, NFT ID, token address, and more.
Off-chain Requests
User requests are sent to the Loopring Exchange using Loopring's API.
On-chain Requests
User requests are sent to the Loopring Exchange through Ethereum transactions.
Quote Token
The token to quote price. For example, in the LRC-ETH trading pair, ETH is referred to as the quote token.
Relayer
Loopring Exchange's backend system that handles order matching and settlement, deposits, withdrawals, Zero-Knowledge Proof generation, etc.
Size
The quantity of the base token in an order or a fill.
Volume
The quantity of the quote token in an order or a fill
Zero-Knowledge Proofs
A method by which one party (the prover) can prove to another party (the verifier) that they know a value x, without conveying any information apart from the fact that they know the value x.
