Hey there, crypto enthusiasts! If you're into the wild world of meme tokens and decentralized finance, you've probably caught wind of the latest buzz from DefiLlama. In a recent tweet, they announced that they're now tracking the XRPL DEX, the built-in decentralized exchange on the XRP Ledger. This move shines a spotlight on the growing activity within the Ripple ecosystem, especially for those quirky meme tokens that are popping up everywhere.

The tweet highlights a 24-hour trading volume of around $4.37 million at the time of posting, but as of today, that figure has climbed to about $6.31 million according to DefiLlama's dashboard. That's not shabby for a DEX that's been flying a bit under the radar compared to giants like Uniswap on Ethereum or Raydium on Solana.

Understanding XRPL DEX

For the uninitiated, XRPL stands for XRP Ledger, the blockchain network behind Ripple's XRP cryptocurrency. Unlike some blockchains that rely on third-party DEXs, XRPL has its own native decentralized exchange baked right in. This means users can trade tokens directly on the ledger without needing extra smart contracts—it's fast, cheap, and efficient. Transactions cost less than a penny and settle in seconds, making it a prime spot for high-volume trading without the gas fee nightmares.

The DEX operates on an order book model, where buyers and sellers place offers that match up automatically. It's been around since the early days of XRPL, but recent updates like the Automated Market Maker (AMM) amendment have supercharged its capabilities, allowing for liquidity pools similar to what you'd find on other DeFi platforms.

Why DefiLlama's Tracking Matters

DefiLlama is the go-to analytics platform for DeFi metrics, aggregating data on total value locked (TVL), trading volumes, and more across hundreds of protocols. By adding XRPL DEX to their spot volume dashboard, they're giving it mainstream visibility. Currently, the TVL sits at a solid $76.2 million, all on the XRPL chain.

This integration isn't just about numbers—it's a nod to XRPL's maturing DeFi scene. For meme token creators and traders, it means easier access to reliable data, which can attract more liquidity and investors. No more guessing games; now you can track performance alongside other top DEXs.

Meme Tokens Thriving on XRPL

Speaking of meme tokens, XRPL is becoming a hotbed for these fun, community-driven assets. The ledger's ease of token issuance—anyone can create a token with minimal hassle—has led to a surge in meme coins. They're inspired by internet culture, just like Dogecoin or Shiba Inu, but with the added perks of XRPL's speed and low costs.

Here are some standout XRP meme coins making waves in 2025, based on recent market trends:

• Drop (DROP)​: Launched in late 2024, this token focuses on eCommerce integrations and has a deflationary burn mechanism. Its market cap hit $15 million quickly, thanks to its AMM liquidity and NFT perks.

• XRP Army (ARMY)​: A tribute to the Ripple community, ARMY soared to a $90 million market cap post-launch before settling around $24 million. With a clear roadmap including rebranding and NFTs, it's aiming big.

• Ripples (RPLS)​: Emphasizing real-world utility, RPLS plans include blockchain games and animated shorts. Most of its supply is locked in liquidity pools for stability.

• Bert the Bird (BERT)​: All about humor with a retro vibe, BERT's issuing account is burned for decentralization, and it's geared toward entertainment over utility.

• All The Money (ATM)​: Community-focused with metaverse ties and high-yield staking, ATM is blackholed for security and boasts strong engagement.

These tokens benefit from XRPL's growing ecosystem, especially with Ripple's price surge and regulatory wins boosting overall confidence. Sites like XPMarket and XRPL.to list even more, sorted by volume for easy discovery.

Opportunities for Blockchain Practitioners

If you're a blockchain dev or trader, this DefiLlama update opens doors. Track volumes to spot emerging meme trends, analyze liquidity for better trades, or even launch your own token on XRPL. The low barriers make it ideal for experimenting with DeFi mechanics without breaking the bank.

Plus, with XRPL's adoption in cross-border payments and potential ETF approvals, meme tokens here could ride the wave of institutional interest. Keep an eye on DefiLlama's XRPL chain page for the latest stats—weekly volumes are down slightly, but the monthly trend shows growth.

In the ever-evolving crypto space, integrations like this remind us why staying informed matters. Whether you're hunting the next viral meme or just curious about DeFi, XRPL DEX's spot on DefiLlama is worth watching. What do you think—ready to dive into some XRP memes?