Token activityWhat this page tracksWhich XRP-Ledger tokens are getting traded right now. Each 'trade' is a single transaction that moves a token between two wallets. We rank by number of trades, not by dollar amount — so a popular token with lots of small trades can rank higher than a sleepy one with a single whale-sized move.

Top XRPL tokens by recent on-ledger trade count. Counts every token Payment plus every AMM deposit/withdraw.

XRPL tokens are placed on a 5-tier ladder — Verified, Self-described, Labeled, Bare, Unknown — based on what evidence exists for the issuer. Only Verified is a two-way TOML proof; the other tiers surface weaker signals honestly. Tokens with no identity land in Unlabeled below. How we verify →

Liquidity and volume figures reflect AMM activity only. Order-book DEX trading isn't included yet.

Snapshot updated 29m ago · live updates stream below

What XRPL tokens are people using right now?

Zone A counts trades. Zone B counts the dollars sitting in liquidity pools. Two different questions, two different units — deliberately.

30-day trade share by token type
memecoins · 16
3.21% 353,763
named ↑ · no identity ↓
unlabeled ? · 1396
20.5% permanently anonymous
12.22% 1,347,395

The dark inner chunk (20.5%) is a subset of the Unlabeled bar, not a competing total: of the highest-volume tokens we deep-checked, at least that share are permanently anonymous — bare, no attestation the ledger can point at.

No memecoin bar above? Most XRPL memecoins live in this Unlabeled bar — they exist and they trade, they just haven't been curated into a named category yet. Zero labeled memecoins ≠ no memecoins on XRPL.

counts every Payment + AMM deposit/withdraw on the public ledger stream · one tx = one trade
$ sitting in AMM liquidity pools
LP token TVL — all XRPL AMMs with a named side $5,802,013 USD · spec-locked
concentration: XRP/RLUSD = 81.3% of the LP bar — see full pool breakdown
pool pair TVL (USD) share of LP bar
XRP/RLUSD $4,718,731.71 81.33%
XRP/USDC $638,031.97 11.00%
XRP/BTC.Bitstamp $288,356.08 4.97%
XRP/SOLO $117,379.49 2.02%
XRP/SOIL $24,035.26 0.41%
XRP/ZRP $15,381.51 0.27%
XRP/mTBILL $95.63 0.00%
USD.Bitstamp/USDC $1.16 0.00%
sourced from amm_ranked_pools · one entry per AMM · TVL priced against XRP + pegged stables
38 real-world-asset tokens issued on XRPL — held on-chain, not actively traded, no on-chain market anchor available. see list →
attestation of top 100 pairs: ✓ verified 48 ⓘ self-described 57 ◐ labeled 48 — bare 234 methodology → /methodology check one → /check

Zone A counts trades (activity). Zone B counts dollars where they sit (depth). Mixed units are intentional — activity and depth are different signals, and one bar showing both would lie about both.

Each token falls in a lane by how well its issuer has proven who they are — from fully verified down to no claim at all. Its color shows what the token says it is.

waiting for the next validated token trade on the public XRPL stream…
green = stablecoin amber = wrapped cyan = utility pink = memecoin blue = real-world asset grey = unlabeled
Lanes — verification tier
Coins — category (color + glyph)
$stablecoin ⇄wrapped ⚙utility ☺memecoin ⌂rwa ∞lp token ?unlabeled
Lane = how strong the attestation is. Color + glyph = what kind of token. Reputation and category are separate axes — the curator label and citations show as color and glyph, not as a lane. Live lane distribution this session: waiting for trades…
18
tokens shown
0
labeledWhat 'labeled' meansAnyone can create a token on the XRP Ledger, and the Ledger only stores a short code (sometimes just a string of letters and numbers). We keep a hand-checked list of the real names for the well-known ones — labeled tokens show that real name (RLUSD, Coreum, etc.). Unnamed ones just show whatever the Ledger had on file.TOKEN_NAMES.md in the public repo — open a PR to add one
3810
hour bucketsWhat 'hour buckets' meansWe tally each token's trades hour by hour rather than storing every single transaction. This number is roughly 'how many tokens were active in how many hours' — higher means more tokens trading more often.
2026-10-17 01:00 UTC
latest bucket
connecting to wss.xrpldashboard.com… 0 token trades observed live this session
last 24h last 7d all ⚠ warnings What the row numbers meanThe big number is the token's total trade count over the selected range — every on-ledger event that moved the token (Payments plus AMM deposits and withdraws). It's an activity count, not a dollar volume. The small 'Nh active' line below it tells you how many distinct hours the token had at least one trade in. So '22h active' means it was trading almost every hour — a steady token. A token with a big trade count but only '3h active' had bursty activity.
No tokens match that search. Try fewer letters, or switch range to all.
1
RLUSD (rLUSD…mNm8 — Ripple's XRPL RLUSD issuer (Ethereum side lives at a separate contract; /rlusd shows both))
rLUSDf…mNm8
29 trades 6h active —
correct
2
BTC (r39mx…ctJf — not native Bitcoin)
r39mx8…ctJf
25 trades 25h active —
correct
3
USDT (rGbUj…Usdt — not Tether)
rGbUjU…Usdt
20 trades 10h active 0.749745 XRP
correct
4
XLM (r44CR…kc4C — not native Stellar)
r44CR5…kc4C
9 trades 7h active 6.92e-07 XRP
correct
5
XLM (rLZzu…ppa3 — not native Stellar)
rLZzuK…ppa3
6 trades 5h active —
correct
6
USDT (r99sq…V5Cw — not Tether)
r99sqX…V5Cw
4 trades 4h active —
correct
7
USDT (rEaC7…DZRY — not Tether)
rEaC7o…DZRY
3 trades 3h active —
correct
8
BTC (rb5yx…hSuZ — not native Bitcoin)
rb5yxp…hSuZ
3 trades 1h active —
correct
9
TRX (rfEPR…8n8e — not native Tron)
rfEPRj…8n8e
3 trades 2h active —
correct
10
F09F9FA5…
rKF2Pk…sZkh
2 trades 1h active —
correct
11
BTC (rMovT…wG73 — not native Bitcoin)
rMovTd…wG73
2 trades 2h active —
correct
12
LTC (raPhn…nBTC — not native Litecoin)
raPhno…nBTC
1 trades 1h active —
correct
13
LTC (rw8Xr…gyNA — not native Litecoin)
rw8XrJ…gyNA
1 trades 1h active —
correct
14
RLUSD (rGovF…ffWH — Ripple's XRPL RLUSD issuer (Ethereum side lives at a separate contract; /rlusd shows both))
rGovFd…ffWH
1 trades 1h active —
correct
15
RLUSD (rLUSD…1qYM — Ripple's XRPL RLUSD issuer (Ethereum side lives at a separate contract; /rlusd shows both))
rLUSDv…1qYM
1 trades 1h active —
correct
16
RLUSD (rhGrd…Zn7B — Ripple's XRPL RLUSD issuer (Ethereum side lives at a separate contract; /rlusd shows both))
rhGrdC…Zn7B
1 trades 1h active —
correct
17
USDC (rMKoq…PWXE — not Circle USDC)
rMKoqw…PWXE
1 trades 1h active —
correct
18
USDT (rDnNa…yJNC — not Tether)
rDnNax…yJNC
1 trades 1h active —
correct

What "trades" means here: every on-ledger event that moves a token — token Payments and AMM deposits/withdraws. It's a raw activity count, not a USD volume.

Why some show as 40-char hex: XRPL allows tokens to use a 160-bit currency code. We decode it to ASCII when possible; when the bytes aren't text, we show truncated hex. Tokens we've labeled appear with a friendly name + category — to add a label, see TOKEN_NAMES.md in the repo.

XRP price per token is now derived from AMM pool reserves for tokens with at least 2,500 XRP of XRP-paired liquidity. Tokens below the floor render a dash — rather than a thin-pool fiction. Per-trade XRP volume requires capturing trade amounts in the stream handler and is queued as a separate change.