XRP

XRP is the native token of the XRP Ledger (XRPL), an open-source blockchain designed for fast, low-cost cross-border payments and currency settlement. The ledger uses a federated consensus protocol rather than proof-of-work or proof-of-stake, enabling transaction finality in 3-5 seconds with minimal energy consumption. Ripple, the company most closely associated with XRP, has built institutional payment products including On-Demand Liquidity (ODL) that use XRP as a bridge currency for real-time cross-border transfers. XRP was pre-mined with a fixed total supply, portions of which are held in escrow and released on a scheduled basis. The token's price history has been significantly influenced by its prolonged legal dispute with the U.S. SEC regarding its securities classification. For traders, XRP carries a distinct profile shaped by regulatory developments, institutional adoption milestones, and retail community sentiment.

Traders can access up to 20x leverage using USDe as margin collateral. This market supports cross margin under Unified Account or Portfolio Margin mode.

Tracks

XRP