XRP News Today: DeXRP Raises $4.1M in ICO as XRP Ledger DeFi Ecosystem Grows

Generated by AI AgentCoin World
Friday, Aug 8, 2025 11:07 am ET1min read
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Aime RobotAime Summary

- DeXRP, a DEX on XRP Ledger, raised $4.1M via ICO by August 8, 2025, with 80% of IDO tokens sold to 4,500+ participants.

- The platform combines AMM and order book systems to optimize liquidity and governance for XRPL users through customizable yield tools.

- $DXP token (current $0.05285) allocates 25% to presale, 15% to liquidity, and 10% to staking, supporting long-term sustainability.

- XRP Ledger’s TVL surged from $20M to $100M in 8 months, driving institutional interest as DeXRP targets Q4 2025 full launch.

A new decentralized exchange (DEX) built on the XRP Ledger, DeXRP, has raised over $4.1 million through its initial coin offering (ICO) as of August 8, 2025. The project, which is designed to unlock the full potential of DeFi on the XRP Ledger (XRPL), reported that nearly 80% of its IDO tokens have already been sold, with over 4,500 participants contributing to the presale [1]. The platform is currently in the ongoing phase of its token offering, with the listing of its native token $DXP expected to be announced soon.

DeXRP aims to serve as a central trading hub for the XRPL community by integrating both automated market

maker
(AMM) and order book trading systems. The platform is built with a focus on liquidity aggregation, governance participation, and customizable yield multipliers for liquidity providers, offering a flexible and transparent framework for users to optimize their returns [1].

The $DXP token is currently priced at $0.05285, with the projected listing price set at $0.35. Investors can purchase tokens via

Ethereum
, BNB Chain,
Solana
, XRP Ledger,
Bitcoin
, or
USDT
on supported networks. Additionally, the platform supports purchases through bank card transactions [1]. The tokenomics model is designed for long-term sustainability, with 25% of the total supply allocated to the presale, 15% reserved for liquidity provision, and 10% dedicated to staking rewards [1].

The rapid growth of the XRP Ledger ecosystem has been a key factor in attracting institutional interest, with the ledger’s TVL increasing from $20 million to $100 million over an 8-month period. DeXRP’s development aligns with the broader trend of scaling and securing DeFi infrastructure on XRPL, and the platform is expected to launch its full project by Q4 2025 [1].

With its innovative features such as dynamic fee mechanisms, early investor benefits, and governance tools, DeXRP positions itself as a key player in the evolving XRPL DeFi landscape. As the listing date approaches, the project continues to attract attention from both retail and institutional investors looking to capitalize on the growing DeFi movement on XRP Ledger.

Source: [1]New DEX On XRPL Raised Over $4 Million in ICO – DeXRP Listing Will Be Announced Soon (8 Aug) (https://coinmarketcap.com/community/articles/68960fb9e21b950c870dd3a8/)