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Ripple’s XRPL EVM mainnet is live — top exchange did $26 volume in a day

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On June 30, Ripple announced that the XRP Ledger’s long-awaited Ethereum Virtual Machine (EVM) compatible sidechain was live. Ripple trumpeted “years of building and testing” to launch the mainnet, which would usher in “a new era of cross-chain DeFi.” So far, that new era of cross-chain DeFi has attracted fewer than $100,000 across all coins held in its smart contracts, according to DefiLlama’s total value locked (TVL) tracker. In fact, according to DefiLlama, this XRPL EVM has only four protocols worth tracking. Its most popular application has processed less than $1,100 in daily transactions over the last week. As of yesterday, this ostensibly “innovative multi-chain DEX and cross-chain DEX aggregator, strategically positioned within the XRP ecosystem” called Moai Finance had processed just $26 worth of trades over the prior 24 hours. DefiLlama displays data on August 8 for the largest DEX on the XRPL EVM. The XRPL EVM was supposed to welcome thousands of com...

XRPL Transaction Scanner Floats New Developer Portal

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Introducing the New Developer Portal As highlighted in a blog post , the XRP SCAN API platform represents a significant upgrade to the XRP L transaction scanner, offering developers a more streamlined and user-friendly experience. The platform is a robust toolset that provides developers with a series of REST APIs designed to maximize ease of use and productivity.  advertisement Currently, the platform only supports API version v1, delivering a consistent and streamlined developer experience. All resources are referenced in relation to the root endpoint, laying the groundwork for smooth integration and development. The XRP SCAN API service offers a wide number of endpoints for both public and private use cases. However, it’s important to note that only the endpoints explicitly documented in the developer portal are intended for public use.  Public endpoints are the starting point for developers who want to connect with the XRP Ledger via the XRP...