Diving into the @Ripple and XRPL DeFi ecosystems 👇 During the first half of the year, XRPL has shown steady development and active trading with cumulative AMM volume reaching 387.23M XRP and a cumulative DEX volume of 419.52M XRP The network's AMM TVL stands at 26.21M XRP across 21,071 pools, indicating growing liquidity provision and trading activity The ecosystem supports 29,429 tokens and has generated 10.04M NFTs, showing diversification beyond payments into broader DeFi applications Daily DEX activity averages 484 trading pairs, demonstrating consistent trading volume across different assets These metrics highlight Ripple's expansion into DeFi while maintaining its core strength in efficient, low-cost transactions for both institutional and retail users
14,58K