XRP Ledger’s DEX Reaches $400 Million in January Volume
- Swap volumes on XRP Ledger’s decentralized exchange (DEX) exceeded $400 million in January.
- Average daily volumes are over $17 million this month.
- Total swap volume since the DEX’s 2024 launch is over $1 billion.
- The DEX is integrated into the blockchain, using an order book system for trades.
- Ripple Labs CEO Brad Garlinghouse highlighted the growth as a key achievement for 2024.
In January, XRP Ledger’s DEX recorded swap volumes surpassing $400 million, with an average of over $17 million daily. This milestone contributes to a total of more than $1 billion since its launch in 2024.
Source (2.6)https://www.coindesk.com/markets/2025/01/30/xrp-logged-usd400m-dex-volumes-in-january-ripple-s-brad-garlinghouse-says?rand=52298
