XRP News Today: XRPL Surpasses $100 Million TVL With DeXRP IDO Success

XRPL, the XRP Ledger, has achieved a significant milestone by surpassing $100 million in Total Value Locked (TVL). This development comes as DeXRP, a decentralized exchange built on the XRPL, has successfully raised over $100,000,000 through its Initial DEX Offering (IDO). The IDO, which began on June 12th, has seen substantial investor interest, with only 25% of the total supply allocated for the presale. The listing for DeXRP is planned for the fourth quarter of 2025.

The DeXRP team aims to provide faster XRPL TVL growth and ecosystem development by launching a decentralized exchange (DEX) this year. The DEX will feature an integrated Automated Market Maker (AMM) system and a full Order Book with a Hybrid Trading Model. This approach is designed to offer high liquidity for XRP holders and set a new standard for decentralized trading. The DeXRP team is also building Advanced LP reward mechanics with Optimised Liquidity Aggregation to ensure stable Liquidity Pools. Early investors and $DXP holders will have access to a DEX Voting mechanism and the Fee Auction for discounted trading slots and premium trading pairs.

The public launch of the DeXRP platform with full trading functionality is scheduled according to the roadmap by the fourth quarter of this year. During the presale, the DeXRP team plans to cooperate with XRPL-based DEX aggregators and establish strategic partnerships to accelerate ecosystem development. DeXRP Tokenomics is structured to ensure sustainable growth, providing long-term reward commitments for traders, liquidity providers, partners, and contributors. Only 25% of the total supply is allocated for the presale, with 500,000,000 DXP tokens available. The token price is currently $0.00826, and the listing price is set at $0.35. Users can purchase $DXP tokens via various networks, including Ethereum, BNB Chain, Solana, XRP Ledger, Bitcoin, and USDT, as well as through bank card transactions.

The DeXRP team has decided to allocate 15% of the total supply for Liquidity Provision and 10% for Staking to reward all $DXP holders, LP participants, and early investors. This year, XRPL has evolved into a robust, enterprise-capable platform with strong on-chain activity, advanced tooling, and institutional support. The DeXRP team is strategically launching at this opportune time to provide new trading solutions and support the XRPL ecosystem. DeXRP is positioned as a next-generation decentralized exchange powered by XRPL, combining deep liquidity, ultra-low fees, and a dual-trading model to deliver an institutional-grade trading experience for both crypto newcomers and professional traders.