Loopring zkRollup excels at providing low-cost, high-throughput privacy for mainstream DeFi trading by focusing on application-specific privacy. Its zkRollup bundles and proves thousands of trades off-chain, settling only a single validity proof on Ethereum L1. This results in transaction fees under $0.25 and a throughput of over 2,000 TPS for its core AMM and order book, making private swaps and transfers economically viable for everyday users. However, its privacy is limited to its native DEX and payment functions.
Loopring zkRollup Privacy vs Aztec Connect
Introduction: Two Philosophies of On-Chain Privacy
Loopring and Aztec represent two distinct architectural paths for achieving privacy on Ethereum, each with profound implications for cost, complexity, and user experience.
Aztec Connect (now Aztec Network) takes a fundamentally different approach by building a general-purpose, private zkRollup. It uses advanced zero-knowledge proofs like PLONK to enable fully private, programmable smart contracts. This allows for complex private DeFi interactions—such as private lending on Lido or Aave—via its bridge architecture. The trade-off is higher computational cost and complexity; while groundbreaking, this has historically resulted in higher proving costs and a more constrained developer environment compared to public L2s.
The key trade-off: If your priority is cost-effective, high-performance privacy for specific financial actions like trading, choose Loopring. If you prioritize maximum privacy and programmability for complex, general-purpose DeFi applications, choose Aztec. The decision hinges on whether you need a scalable privacy engine for a defined use case or a full-stack privacy layer for innovative dApp logic.
TL;DR: Core Differentiators
Key strengths and trade-offs at a glance. Loopring prioritizes public, high-performance DEX trading, while Aztec Connect focuses on private DeFi interactions.
Loopring: Public Performance
Optimized for public DEX trading: Achieves ~2,000 TPS with sub-$0.10 fees. This matters for high-frequency, non-custodial trading where cost and speed are critical, not privacy. The protocol is built around its native AMM and order book.
Loopring: EVM Compatibility
Full EVM equivalence: Supports standard Solidity smart contracts and tools. This matters for protocols migrating from L1 Ethereum (like DeFi apps) that need a performant, familiar environment without rewriting logic.
Aztec: Full Privacy
ZK-SNARKs for private state: Hides sender, recipient, and amount by default. This matters for institutional DeFi, private payroll, or confidential DAO voting where transaction metadata must be shielded from public ledgers.
Aztec: Connect to Public L1
Bridge to public liquidity: Aztec Connect allows private notes to interact with mainnet protocols like Lido, Uniswap, and Aave. This matters for users who want to earn yield or swap assets without exposing their wallet's total portfolio on-chain.
Feature Comparison: Loopring vs Aztec Connect
Direct comparison of key metrics and architectural features for private transactions.
| Metric / Feature | Loopring | Aztec Connect |
|---|---|---|
Primary Privacy Model | Public zkRollup | Private zkRollup (zk.money) |
Avg. Private TX Cost (ETH Mainnet) | $5 - $15 | $20 - $50 |
Privacy Scope | Trading & Payments | Private DeFi & Payments |
Underlying Tech | zk-SNARKs | PLONK zk-SNARKs |
Settlement Layer | Ethereum L1 | Ethereum L1 |
Native Token | LRC | AZTEC (deprecated) |
Status (as of 2024) | Active | Deprecated (Shut down Q4 2023) |
Loopring zkRollup vs Aztec Connect: Privacy Trade-offs
A technical breakdown of privacy models, performance, and developer trade-offs for two leading ZK-based solutions.
Aztec Connect vs Loopring zkRollup: Privacy Trade-offs
A data-driven comparison of two leading privacy-focused L2 solutions. Loopring focuses on public-order privacy, while Aztec Connect pioneered private-state execution.
Aztec Connect: Unmatched Privacy
Private-state execution: Transactions are fully private by default, hiding sender, recipient, and amount on-chain. This is achieved via zk-SNARKs and a UTXO model. This matters for confidential DeFi and institutional-grade compliance where data leakage is unacceptable.
Aztec Connect: Native DeFi Bridge
Connect SDK allowed private interaction with Ethereum Mainnet DApps like Lido, Uniswap, and Aave without those protocols needing to modify their code. This created a unique privacy gateway for existing liquidity. This matters for users seeking privacy for mainstream yield and trading activities.
Loopring: High-Throughput Trading
Public-order privacy with high TPS: Loopring's zkRollup offers ~2,000 TPS with sub-$0.10 fees, making it a powerhouse for public, low-cost trading. Its zk-SNARK proofs ensure security. This matters for DEXs and payment apps where cost and speed are critical, and full privacy is a secondary concern.
Loopring: Proven Liquidity & Adoption
Established ecosystem: Loopring hosts major DEXs with significant TVL and daily volume, benefiting from network effects. Its public-state model is simpler for developers building familiar AMMs and order books. This matters for projects prioritizing immediate user access and deep liquidity pools over privacy features.
Aztec Con: Deprecated Protocol
Sunset in March 2024: Aztec Connect is no longer operational, succeeded by Aztec's Noir language and upcoming AnonVM. This means no new deployments or mainnet activity. This matters for teams needing a production-ready, live network today.
Loopring Con: Limited Privacy Scope
Public-order, private-trade model: Only trade details are private; deposit/withdrawal addresses are linked. It does not hide activity from the L2 sequencer. This matters for users requiring full-stack privacy or regulatory separation of all transaction links.
When to Choose: Decision by Use Case
Loopring zkRollup for DeFi
Verdict: The established choice for public, high-throughput DEX trading. Strengths: Loopring is a battle-tested zkRollup with a primary focus on order book and AMM DEXs. It offers high TPS (2,025+) and sub-$0.10 transaction fees, making it ideal for high-frequency trading. Its public transparency aligns with DeFi's composability ethos, allowing for seamless integration with on-chain data oracles and Ethereum's security. The protocol has a proven track record with significant TVL. Limitations: Lacks native privacy. All trades, balances, and order flows are publicly visible on the rollup, which can be a disadvantage for institutional or strategic trading.
Aztec Connect for DeFi
Verdict: The specialized tool for private DeFi interactions on Ethereum. Strengths: Aztec Connect is not a general-purpose rollup but a privacy bridge. It enables users to interact with mainnet DeFi protocols (like Lido, Element Finance, Aave) with full privacy by batching and shielding transactions via zk-SNARKs. This is critical for institutions or individuals seeking to conceal trading strategies, large positions, or wallet balances while accessing Ethereum's liquidity. Limitations: Lower throughput, higher per-transaction cost due to proof generation, and a more complex developer experience. It's a middleware layer, not a standalone execution environment.
Verdict: Strategic Recommendations
A data-driven breakdown to guide your infrastructure choice between two distinct zero-knowledge scaling solutions.
Loopring's zkRollup excels at high-throughput, low-cost DEX operations because it focuses on a single, optimized application. Its design, built on Ethereum, delivers 2,000+ TPS for trades with fees often under $0.10, making it a proven, production-ready solution for order book and AMM exchanges. Its primary strength is efficiency and composability within its own ecosystem, but this comes at the cost of general programmability and native privacy for arbitrary logic.
Aztec Connect (now Aztec Network) takes a fundamentally different approach by prioritizing programmable privacy for any Ethereum dApp. Its strategy uses a privacy-focused zkRollup with a private kernel, enabling private interactions with mainnet contracts via its bridged asset system. This results in a trade-off of higher transaction costs and lower throughput (initially ~15 TPS) for the benefit of full transaction confidentiality, including sender, receiver, and amount.
The key architectural divergence: Loopring is a public, high-performance L2 for specific applications, while Aztec is a private, general-purpose L2 for confidential DeFi. Loopring's TVL, often in the $200M+ range, reflects its dominance in public DEX scaling. Aztec's strength is enabling private voting, shielded stablecoin transfers, and confidential lending without requiring dApps to rebuild from scratch.
The final trade-off is clear: Choose Loopring's zkRollup if your priority is building a high-performance, low-fee trading application where public transparency is acceptable or required. Opt for Aztec Connect when your core requirement is enabling private interactions for existing or new DeFi protocols, where confidentiality of user activity is the non-negotiable feature.
Get In Touch
today.
Our experts will offer a free quote and a 30min call to discuss your project.