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View: There are only four protocols on the XRP Ledger worth following, with "strategic position" CEX trading at 26 USD in the last 24 hours.
According to ChainCatcher news and reports from Protos, Ripple announced that its long-awaited Ethereum Virtual Machine (EVM) compatible sidechains XRP Ledger went live on June 30. Although Ripple claims that after years of construction and testing, this Mainnet will usher in a "new era of cross-chain Decentralized Finance," the current total Lock-up Position (TVL) of the network is less than $100,000, and only four protocols are worth following. The most popular application processed less than $1,100 in transactions over the past week. As of yesterday, the "strategically positioned" decentralized exchange Moai Finance had a trading volume of only $26 in the past 24 hours.