AMM

The XRP Ledger AMM total value locked (TVL) has sustained a steady uptrend reaching over $7.7 million amidst a long-term bullish outlook. The AMM boasts of coins beyond XRP, including USDC, Bitcoin (BTC), Sologenic (SOLO), MAG, and USD. The Ripple network continues to post impressive growth with its expansion led by the growth of the XRP Ledger (XRPL) ecosystem. Recent data shows that automated market maker (AMM) total value locked (TVL) has rallied 51% in a little over two weeks…

Zug, Switzerland, May 21st, 2024, Chainwire Cardinal Cryptography, core developer of the zero-knowledge, privacy-focused blockchain Aleph Zero, announced today the launch of Common Automated Market Maker (AMM), the first mainnet release of a novel DeFi platform, Common. Positioned as a decentralized exchange (DEX), Common’s Automated Market Maker (AMM) delivers a user-friendly trading experience, complete with the built-in bridge between Aleph Zero and Ethereum, MOST, and the initial rollout of the platform’s broader capabilities.  Introducing Common AMM and Bridging on Aleph…

Ripple released its Q1 2024 report this weekend, showing huge growth with a surging trading volume and on-chain transaction activity. The launch of the AMM positions Ripple as a major contender in the DeFi market, joining Uniswap and PancakeSwap Ripple, the American fintech company behind the cryptocurrency Ripple just released the highly anticipated Q1 2024 earnings. The report exhibits outstanding growth for both XRP  and the XR Ledger (XRPL). According to the report, XRP spot trading funds saw a 40%…

XRPL DeFi boom as its AMM pool records an impressive growth from 277 to 316, pushing the locked XRP tokens from 1.8 million to 2.15 million.  Analyst predicts that XRP could replicate its 942% run in 2021 to stage a bullish reversal to $5 after the Bitcoin halving.  The Decentralized Finance (DeFi) industry has recorded significant growth in the past few years with the market size estimated to be $46.61 billion in 2024. According to a report, the size is…

The XRP locked in AMM pools on the XRPL ledger has surpassed 2.2 million, leading to speculation that it could lead to a supply shock in the Ripple ecosystem. After a bullish start, the AMM feature was hit by a bug earlier this month, leading to a mass exodus, but it has since recovered and is growing at a rapid pace. The XRP Ledger (XRPL) continues to grow at a rapid pace, and its decentralized finance (DeFi) world is proving…

The post Unraveling the USDC/XRP AMM Pool Imbalance: Insights from a Ripple Labs Veteran appeared first on Coinpedia Fintech News Neil Hartner, a former Senior Software Engineer at Ripple Labs, has illuminated the persistent imbalance plaguing the USDC/XRP Automated Market Maker (AMM) pool.  In a recent disclosure, Hartner delved into the technical intricacies behind the phenomenon, addressing user queries and elucidating the functionality of AMMs. Understanding the Imbalance cdfxgxx Hartner highlighted the intriguing nature of the USDC/XRP AMM pool, attributing…

XRPL’s recently introduced AMM feature incorporates a mechanism to burn XRP tokens to deter spam transactions. This deflationary model aligns with the expanding DeFi ecosystem and enhances liquidity within the XRPL network. The XRP Ledger (XRPL) recently rolled out its Automated Market Maker (AMM) feature, which enhances liquidity while simultaneously reducing the total supply of XRP tokens through burning mechanisms. This innovative step marks a significant stride towards a deflationary model within the XRPL ecosystem. The introduction of the XRPL…

The XRP Ledger (XRPL) has recently implemented the ‘fixAMMOverflowOffer’ amendment, a crucial update aimed at rectifying issues associated with large synthetic AMM offers. The latest ‘fixAMMOverflowOffer’ update aims to streamline operations and boost efficiency on DEXes. In a significant development, the XRP Ledger (XRPL) has implemented a pivotal Automated Market Maker (AMM) amendment, aimed at enhancing functionality and rectifying critical issues. Named ‘fixAMMOverflowOffer,’ this update specifically targets challenges associated with large synthetic AMM offers, thereby streamlining operations on decentralized exchanges…

BNB Chain decentralized exchange Biswap has published its 2023 roadmap, which includes several proposed improvements and upgrades. It includes details of a new AMM, route optimization, and perpetual trading. Take a look at the main Biswap benefits: https://biswap.org/. A new AMM protocol with concentrated liquidity will allow Liquidity Providers to accumulate their capital to smaller price intervals than from 0 to infinity, increasing capital use efficiency and providing users with more profitable exchange conditions with less slippage. Improved routing to…