XRPL DeFi: Eight Functions Demonstrated by Devs
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.