XenDex is stepping onto the Ripple blockchain with big plans to reshape DeFi on the XRP Ledger. Built specifically for XRP, it brings smart tools like AI-driven copy trading, secure user-controlled trading, and advanced lending features. XenDex aims to be more than just a DEX — it wants to become the core platform for DeFi in the XRP world.
Unlocking Smarter DeFi on XRP
https://twitter.com/xendex_xrp/status/1914293645559136549
A New Kind of DeFi on XRP XenDex brings fresh ideas to the XRP Ledger by combining useful tools- automation, smart trading, and lending — all in one place. Users can borrow funds by using their crypto as collateral or earn extra income by lending to others. The platform also offers AI copy trading, where smart systems automatically follow and copy trades from successful investors. With both spot and perpetual trading options, buying and selling tokens is quick and easy through a built-in automated system.
The XenDex’s $XDX Token
XenDex is empowering $XDX token holders to vote on key decisions, including platform updates and new proposals. This decentralized governance model ensures that users directly influence the platform’s growth, allowing it to evolve in line with the community’s needs.
$XDX Token Allocation
The $XDX token has a total supply of 1,000,000,000 tokens, with a strategic allocation aimed at supporting the platform’s ecosystem. Of the total supply, 30% (300,000,000 tokens) is allocated for presale, giving early supporters a chance to participate. Additionally, 25% is reserved for staking and lending to ensure liquidity and reward users within the platform.
Team, Reserve, and Public Sale
The team behind XenDex will receive 10% of the tokens, with a six-month vesting period to ensure alignment with the project’s long-term success. A further 10% is held as a locked reserve, which will stabilize the platform. Marketing and partnerships are allocated 5%, helping to grow the brand and expand the ecosystem.
The remaining 20% of tokens will be available for the public sale, allowing the community to join the platform’s growth from the outset. This balanced allocation is designed to support both short-term development and long-term sustainability.
What’s Next for XenDex?
XenDex provides users with additional opportunities to earn through staking and liquidity farming, allowing them to lock up or provide tokens to receive rewards in $XDX. $XDX holders will also be able to vote on platform updates and new ideas. Shortly, XenDex plans to expand beyond the XRP Ledger and support other networks like Cardano, Ethereum, and BNB Chain. This will make XenDex more connected across the crypto world and offer users even more opportunities.
Final Thoughts
XenDex is poised to revolutionize DeFi on the XRP Ledger with innovative features such as AI-powered copy trading, user-controlled trading, and advanced lending options. It’s more than just a DEX—XenDex aims to become the main platform for DeFi on XRP. With a community-driven governance model and plans for expansion to other blockchains, XenDex is building a more connected and rewarding DeFi ecosystem. As it grows, XenDex is positioning itself to lead in the decentralized finance industry.
