XRPL DeFi: Eight Functions Demonstrated by Devs


16 Sep 2023 3:21 PM

DeXFi, novel decentralized finance ecosystem on XRP Ledger, invites XRPL enthusiasts to access modern DeFi functionalities...

  • DeXFi is a non-custodial trading and lending ecosystem on XRP Ledger.
  • They have released a demo video showcasing their existing and upcoming functionalities.
  • Users can exchange various XRPL-based assets in a non-custodial way.
  • The platform offers a CEX-level user experience with trading modules, swap modules, and automated order placement instruments.
  • DeXFi plans to release a peer-to-peer lending protocol, liquidity pools, fiat-pegged synthetics, and a futures trading mechanism.
  • XRPL enthusiasts are interested in advanced trading features and the development of smart contracts and decentralized applications.

The article highlights the features and potential of DeXFi, indicating a positive sentiment towards the platform and its impact on the XRPL community.

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You May Ask

What is DeXFi?What assets can be exchanged on DeXFi?What modules are available on DeXFi's platform?What additional features does DeXFi plan to release?What are XRPL enthusiasts interested in regarding DeXFi and the XRPL ecosystem?

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