XRP News Today: DeXRP Launches on XRP Ledger After $5 Million IDO With 7,000 Participants

Generated by AI AgentCoin World
Friday, Aug 15, 2025 5:10 pm ET1min read
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Aime RobotAime Summary

- DeXRP, a decentralized exchange, launched on XRP Ledger after a $5M IDO with 7,000 participants, aiming to expand XRPL’s DeFi reach through cross-chain interoperability and hybrid AMM/order book trading.

- The $DXP token (current price $0.07054) supports multi-chain purchases and allocates 25% of supply to presale, with 15% reserved for liquidity, emphasizing long-term ecosystem stability.

- Institutional adoption of XRP (e.g., Amber Group, Worksport) and analyst forecasts of $6 XRP price growth highlight XRPL’s scalability potential, while DeXRP targets both retail and institutional traders with advanced tools.

- Strategic partnerships with Micro3 and WOW Summit, plus focus on security and DeFi standards, position DeXRP as a competitive DEX amid growing demand for low-cost, interoperable decentralized trading platforms.

A new decentralized exchange (DEX), DeXRP, is set to launch on the

XRP
Ledger (XRPL) following the completion of a $5 million initial DEX offering (IDO) with over 7,000 participants. The project, announced on August 15, 2025, positions itself as a key driver for the XRPL’s expansion into decentralized finance (DeFi), offering cross-chain interoperability and a dual automated market
maker
(AMM) and order book trading model [1].

DeXRP is designed to provide a non-custodial environment for users to trade, list, and manage digital assets directly on the XRP Ledger. The platform will support multiple token standards and is expected to serve as a bridge between the growing DeFi space and institutional investors. With a current token price of $0.07054 and a planned listing price of $0.35, the $DXP token will be available for purchase via

Ethereum
, BNB Chain,
Solana
,
Bitcoin
, and
USDT
, among other networks [2].

The project’s tokenomics emphasize long-term sustainability, with 25% of the total supply allocated to the presale and 15% reserved for liquidity provision. Monthly linear vesting and staking incentives are intended to maintain a stable ecosystem for liquidity providers and traders [3].

The timing of DeXRP’s launch aligns with a broader period of growth for the XRPL ecosystem. Recent institutional interest, including the addition of XRP to the treasuries of firms like Amber Group and

Worksport
, reflects confidence in the network’s scalability and potential for real-world tokenization. Analysts have highlighted that ETF inflows and increased whale activity could push XRP’s price toward $6 in the near term [4].

DeXRP’s development also comes amid growing institutional support for the XRP Ledger, with David Schwartz, XRPL’s CTO, reaffirming the platform’s readiness to support stablecoins, cross-border payments, and tokenized assets. The platform aims to capitalize on this momentum by offering a user-friendly interface and advanced trading tools that cater to both retail and institutional participants [5].

Despite the strong initial funding, the success of DeXRP will ultimately depend on user adoption, security, and integration with evolving DeFi standards. The team is currently focused on strategic partnerships and has already announced collaborations with Micro3 and the WOW Summit in Hong Kong [6].

The launch of DeXRP highlights a broader trend toward diversification in the DEX market, with projects emphasizing speed, low costs, and interoperability gaining traction. As the XRPL ecosystem continues to mature, DeXRP’s focus on these factors could position it as a strong contender in the decentralized trading landscape [7].

Source: [1] Decrypt (https://decrypt.co/335542/new-dex-on-xrpl-is-ready-to-launch-dexrp-raised-over-5-million)

[2] The Daily Hodl (https://dailyhodl.com/)

[3] Decrypt (https://decrypt.co/?modalSlug=login)

[4] CoinMarketCap (https://coinmarketcap.com/community/articles/689f9d6fb4904459a1de3bd0/)