XRP’s DEX clocking $17M daily volume — CEO
XRP Ledger’s decentralized exchange has seen a total of more than $1 billion in swap volume since launching in 2024, according to Ripple’s CEO.
XRP Ledger’s native decentralized exchange (DEX) has clocked $400 million in swap volume in January, averaging approximately $17 million per day, Ripple CEO Brad Garlinghouse said on Jan. 28.
The DEX has handled upward of $1 billion in cryptocurrency swaps since launching in 2024, he said during a discussion on the X platform as part of XRP Community Day.
Its rapid growth is among several reasons “why 2024 will certainly stand out as one of the most monumental years for Ripple,” Garlinghouse continued.
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Author: Alex O’Donnell
