STX/XRP Liquidity Pool



Price:

0.0373 XRP

Volume:

32.36

Fee:

0.86%

Contributors:

36

Top Stake:

29.97%

Traders:

3

Listed On:

2024-03-22

Summary

Price:
$0
Price impact:
0%

...

Token amount:

0%

Deposit all

~$0

STX

STX

~$0

XRP

XRP

Token amount:

0%

Withdraw all

~$0

STX

STX

~$0

XRP

XRP

50%


2,925,264 STX

$1,145

50%


2,161 XRP

$1,137


Trustlines


Holders



Issuer Fee:
Market Cap:
Circulating Supply:
Total Supply:

Trustlines


Holders



Issuer Fee:
Market Cap:
Circulating Supply:
Total Supply:
Leading Token Holders

Ownership
Holder Address
Est. Value
Quantity

29.97%

rJ9saB...MGZsxp

$683.6

23,445,439

27.85%

raPQes...NqFb4D

$635.3

21,789,744

6.81%

rHVFXh...s7qAtz

$155.3

5,331,633

4.47%

rKR3Mq...WKsGkd

$101.9

3,498,561

4.42%

rJbPnK...eDBPPs

$100.8

3,457,699

Rows

1-5 of 35

Pool Log

My Transactions


Swaps
Deposits
Withdrawals
Action
Total value
Base amount
Counter amount
Account
Time

Rows

1-10 of more than 10

About STX/XRP Liquidity Pool


What is an Automated Market Maker (AMM) on the XRPL?

An Automated Market Maker (AMM) on the XRP Ledger is a decentralised exchange protocol allowing for the automatic trading of digital assets without direct human intervention. It utilises a mathematical formula for pricing assets and features liquidity pools for token swapping.


To engage in XRPL AMM trading, you need a compatible cryptocurrency wallet with XRP or other XRPL tokens. You can then interact with the AMM platform to exchange tokens or provide liquidity to earn transaction fees.


By participating in the STX/XRP liquidity pool on XRPL's AMM, you gain from transaction fee earnings, contribute to a highly liquid market, and support the XRPL ecosystem, enhancing the trading experience for all users.


XRPL AMMs offer numerous advantages, including round-the-clock availability, decentralised and trustless trading, reduced risks of price manipulation, and opportunities for liquidity providers to earn passive income.


Yes, XRPL AMMs carry risks like any trading platform, including impermanent loss for liquidity providers, unexpected liquidity withdrawal, and market volatility. It's advisable to conduct thorough research and consider your risk tolerance.


In XRPL AMMs, liquidity provision involves depositing a pair of tokens into a liquidity pool. Providers receive pool tokens in return, representing their share and entitling them to a portion of the trading fees and the underlying assets.


Prices in XRPL AMMs are set by a formula based on the asset ratio in the liquidity pool. This formula maintains a constant product of the quantities of the paired assets, adjusting prices according to supply and demand.


Typically, anyone can establish a liquidity pool on an XRPL AMM platform. However, understanding the mechanics and associated risks is crucial, as imbalanced pools can be inefficient and riskier.


XRPL AMMs impose transaction fees on swaps and trades, typically a small percentage of the trade value. These fees are distributed to liquidity providers as part of their remuneration.


Adding altcoin pairs like STX/XRP increases the diversity of trading options within XRPL's AMM. It provides traders with the opportunity to engage in emerging markets and to benefit from the potential growth and dynamic price movements of newer cryptocurrencies.


Arbitrage opportunities in the STX/XRP pair arise when there's a price discrepancy between this pair and other markets or pairs. Traders can exploit these differences for profit, especially given the contrasting nature of a digital currency like STX and a traditional asset like XRP.


To withdraw funds from an XRPL AMM, you must remove your liquidity from the pool and redeem your pool tokens for the underlying assets. This process is usually straightforward and conducted through the AMM interface.