RippleX Detects Issue in XRP Ledger, Advises Pause on AMM Pool Deposits

RippleX Detects Issue in XRP Ledger, Advises Pause on AMM Pool Deposits



RippleX, the developmental arm behind the XRP Ledger (XRPL), has identified a critical technical anomaly affecting certain Automated Market Maker (AMM) pools within the XRPL ecosystem. This glitch has led to significant disruptions in transaction processing, compelling the RippleX team to issue a cautionary note to its user base. Via a communique on the social platform X, RippleX has strongly recommended against further fund allocations into the affected AMM pools and encouraged liquidity providers holding LP tokens to retrieve their investments until a remedy is deployed.



Automated Market Maker pools are pivotal in the mechanics of decentralized exchanges (DEXs), eliminating the need for conventional order books by facilitating direct asset swaps within the pool, thus serving as a cornerstone for asset liquidity. The glitch in


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#AMMPools, #Cryptocurrency, #Cryptomarket, #Cryptonewstoday, #News, #Regulations, #TechnicalGlitch, #Xrp

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