Latest news with #DeXRP
Business Insider
5 days ago
- Business
- Business Insider
XRPL Is Breaking $100M TVL While DeXRP, Has Already Raised Over $100,000,000 In IDO
UAe, Abu Dhabi, July 20th, 2025, Chainwire XRPL has started this year with significant updates for the whole XRP world. While XRP is now trading above $2.98, the token has reclaimed its position as one of the top-performing assets of 2025 with over 30% growth for the last month. To provide faster XRPL TVL growth and ecosystem development, the DeXRP team plans to launch DEX by this year. DeXRP IDO has started on 12th June, and the team has already raised over $1 Million. Only 25% of the total supply is allocated for the Presale, and Listing is planned for Q4 2025. Investors still have a chance to join IDO at an early stage to get access to Liquidity Pools, Airdrop and DeXRP Voting system for further platform updates. DeXRP has no VC; that's why all $DXP holders can vote for the future ecosystem development. The token price is $0.00826, and the listing price will be $0.35. Users can purchase $DXP tokens via Ethereum, BNB Chain, Solana, XRP Ledger, Bitcoin, or via USDT on supported networks, as well as through bank card transactions. DeXRP Protocol and $DXP Utility Backed by the latest XRPL upgrades and building to provide high liquidity for XRP holders, DeXRP is setting a new standard for decentralized trading. The DeXRP team plans to provide an integrated AMM system and a full Order Book with a Hybrid Trading Model. To provide stable Liquidity Pools, DeXRP Team is building Advanced LP reward mechanics with Optimised Liquidity Aggregation. For all early investors and $DXP holders will be available DEX Voting mechanism and access to the Fee Auction for discounted trading slots and premium trading pairs. Public launch of the DeXRP platform with full trading functionality will be according to the Roadmap by Q4 this year. During the Presale, the DeXRP team plans to cooperate with XRPL-based DEX aggregators and provide strategic partnerships for fast ecosystem development. DeXRP Tokenomics is structured to ensure sustainable growth and is designed to provide long-term reward commitment for traders, liquidity providers, partners, and contributors. Only 25% of the total supply is allocated for the presale - 500,000,000 DXP with 10% TGE unlock and a linear monthly vesting schedule to provide stable ecosystem growth and minimise investors' risks. The DeXRP team decided to allocate 15% for Liquidity Provision and 10% for Staking to reward all $DXP holders, LP participants and early investors. This year, XRPL has transformed into a robust, enterprise-capable platform with strong on-chain activity, advanced tooling and institutional support. And DeXRP Team is planning to launch at the perfect time to provide new trading solutions and XRPL ecosystem support. About DeXRP is a next-generation Decentralised Exchange powered by XRPL that combines deep liquidity, ultra-low fees, and a dual-trading model to deliver an institutional-grade trading experience for everyone, from crypto newcomers to pro traders. For the latest updates and investment opportunities, users can stay tuned to DeXRP's official channels: Contact Ren
Business Insider
20-06-2025
- Business
- Business Insider
DeXRP, the First-Ever DEX on XRPL Announced Its IDO – Amidst the Ripple Rally
Dubai, UAE, June 20th, 2025, Chainwire The DeXRP team has introduced a decentralized exchange (DEX) on the XRP Ledger (XRPL), aiming to establish a transparent trading environment for XRP holders and enthusiasts. This development coincides with notable growth in the XRPL ecosystem, as Total Value Locked (TVL) has increased from $16 million to $80.63 million in recent months. Like Jupiter or 1Inch, DeXRP combines a dual trading model with AMM and full Order Book to support both individual users and institutional participants. DeXRP IDO Details DeXRP Initial DEX Offering (IDO) is currently live. For the Presale is allocated 25% of the total supply - 500,000,000 DXP. The DeXRP team has already announced the listing price at $0.35, while the current presale round price is $0.00525. To join the DeXRP IDO, an investor should connect their wallet on the DeXRP Presale page and choose the suitable currency for purchasing. Early participants can buy DeXRP tokens (DXP) with ETH, BNB, SOL, XRP, BTC, and USDT, as well as bank card transactions. To learn more about the IDO of DeXRP: DeXRP Protocol For institutional investors and traders, DeXRP combines both an integrated AMM system and a full Order Book with a Hybrid Trading Model. The backbone for every DEX is the liquidity providers, and DeXRP is designed to fairly reward all LPs participants; Optimised Liquidity Aggregation With LP tokens, holders will participate in a fee auction for discounted trading slots, premium features, DEX voting mechanism and access to new trading pairs and pools. Yield Multipliers and Advanced Trading Features DeXRP introduces customizable yield multipliers to grant liquidity providers enhanced LP rewards with individual adjustment instruments. With full commitment control, users can maximise their earnings. $DXP is the utility token for DeXRP, and it grants holders: trading fee discounts, access to premium tools, participation in fee auctions, and much more. Liquidity providers are eligible for LP token-based rewards and may participate in DeXRP's upcoming fee auction model to access discounted trading slots and exclusive features. The DeXRP team also plans to introduce airdrop and bounty initiatives to increase community engagement and platform awareness. For additional updates and participation details, users may refer to DeXRP's official channels: About DeXRP is a next-generation Decentralised Exchange powered by XRPL that combines deep liquidity, ultra-low fees, and a dual-trading model to deliver an institutional-grade trading experience for everyone, from crypto newcomers to pro traders.
