intermediate 120 min

Deep Dive into XRPL DeFi

Decentralized finance on the XRP Ledger: the built-in DEX, order books, Automated Market Makers (AMM), pathfinding, and auto-bridging.

Overview

Decentralized finance on the XRP Ledger: the built-in DEX, order books, Automated Market Makers (AMM), pathfinding, and auto-bridging.

Resources

Assignments

1. Place a DEX Order

Using xrpl.js, place an OfferCreate on testnet to trade XRP for a test token. Verify it on the explorer.

2. AMM Analysis

Find an AMM pool on testnet, calculate the exchange rate, and explain how it differs from an order book.

Prerequisites

Complete these before starting this module:

Unlocks

Finishing this module opens up:

Assignments

1

Place a DEX Order

Using xrpl.js, place an OfferCreate on testnet to trade XRP for a test token. Verify it on the explorer.

2

AMM Analysis

Find an AMM pool on testnet, calculate the exchange rate, and explain how it differs from an order book.