Subculture
DeFi
Order books since 2012, AMM pools since 2024, and vaults and lending in the validator vote.
Guides ·HydrosPARC
The exchange is part of the ledger. Offers, order books and AMM pools are ledger objects that any app can read. Vaults and fixed-term lending are written and in the validator vote. Nothing here pays a promised return.
Pathway map
7 stopsHistory and lore
- 2012-06A built-in exchangeThe ledger launches. Its decentralized exchange has run continuously since.Source
- 2017-02-21Tick sizeTickSize switches on. Issuers can set how many digits count when offers are ranked by rate.Source
- 2024-03-22AMM poolsThe AMM amendment switches on. Pools issue LP tokens and work alongside the order books.Source
- 2024-11-02Price oraclesPriceOracle switches on. Providers can store outside price data on the ledger.Source
- 2025-01-30Clawback meets poolsAMMClawback switches on. Tokens with clawback enabled can be used in AMM pools.Source
- 2026-02-18Permissioned DEXPermissionedDEX switches on. A permissioned domain controls who can place and accept offers.Source
- 2026-11Vaults and lending in the voteSingleAssetVault and LendingProtocol are open for validator voting. Live count on the Amendments page.Source
Projects and people
XPMarketappDEX trading and AMM pool pages.MagneticappWeb interface for the DEX and AMM pools.RWA.xyzappData on tokenized real-world assets and stablecoins on the XRP Ledger.DIAorgOracle provider that publishes price data to the ledger.XLS-30standardThe AMM specification.XLS-65standardThe Single Asset Vault specification.XLS-66standardThe Lending Protocol specification.
Listed for history, not as endorsements.
