XRPL weekly DEX volume climbs 45% as daily transactions approach 3 million
The ledger processed $19.89 million in DEX volume over seven days and 2.96 million transactions in 24 hours, with 48,403 active addresses.
Onchain trading still only makes up about 0.04% of ripple:native volume against centralized venues. DeFi TVL sits at $29.97 million, and ethereum:0x8292bb45bf1ee4d140127049757c2e0ff06317ed holds 88% of the chain's $920 million stablecoin supply.
Those 2.96 million transactions produced $333 in chain fees over the same period, with app-level fees at $26,874, per DefiLlama data.