Decentralized decentralized finance. Blockchain concept, decentralized financial system
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Decentralized exchanges (DEX) were supposed to embody the promise of Defi: open markets, without border and peer-to-peer which could not be closed. They represent 7.6% of the total volume of global cryptography, compared to only 3% in 2023, and represent a higher percentage of CEX volume (Grayscale Research, 2025). In practice, they are often stranded. High transaction costs, long -term settlement times, experiences of clumsy users and fragmented liquidity left many frustrated traders and largely on the sidelines.
Platforms based on Ethereum and Uniswap have introduced powerful innovations, but high costs, slow confirmations and fragmented liquidity always dominate the user experience. During peak hours, transactions can take minutes and cost more than $ 30, which is untenable for retail users and professional traders. The institutions remain hesitant, citing the uncertainty of compliance, poor quality of execution and limited integration with existing financial infrastructure. The gap between the potential of DEFI and its practical conviviality remains wide. But where most DEXs have been satisfied with half-measures, there is now a new breed of protocols approaching the problem at its root: the infrastructure relegate to manage the scale, compliance and precision.
The case of a new Dex model
For professional merchants used for instant execution and deterministic pricing, the bottlenecks of Ethereum sakes fundamental confidence in the reliability of the system. What started as a decentralized revolution began to look like a high risk bet, with trained performance far from ambition. Although layer 2 solutions have emerged in recent years, they often create isolated ecosystems with their own bridges, tokens, wallets and application environments. This fragmentation breaks composability and original interoperability of Ethereum, because DEX on a single layer 2 cannot interact transparently with others, reducing the capacity of decentralized applications (DAPP) to operate transparently through the Ethereum ecosystem.
XRPL offers a very different reference base. The transactions finalize in three to five seconds, allowing an almost instantaneous purpose of payment, and the transaction costs are measured in fractions of one penny. Ripple, the company behind XPRL, is a leading blockchain company focused on institutional adoption, partnership with world banks and payment providers to streamline cross -border transactions and integrate blockchain and defi technologies into traditional financing systems, emphasizing regulatory compliance and cases of use of the real world.
The maturity of XPRL as a well -established blockchain with a proven assess, and its combination of speed and efficiency is what attracted Dexrp to rely on the big book.
But speed and cost alone are not sufficient. Dexrp innovation lies in its hybrid model. Instead of choosing between an automated market marker (AMM) and a command book, it integrates both. AMMS ensures simplicity and accessibility to retail merchants, while a command book supports professional quality trading strategies. By pooling the liquidity between the two systems, the DEXRP aims to reduce shift, to strengthen deviations and to offer an execution experience closer to what institutions require.
“Everyone knows the convenience of centralized exchanges,” explains the founder Trevor Gedeon. “What they have not yet experienced is the same simplicity with the real DEFI principles: open access, security and a system that no one can extinguish. This is the future that we build. ”
Dexrp is part of a wave of growing innovation on the Grand Book XRP, but it is not the only one to explore decentralized finance on this foundation. Other native XRPL projects also explore decentralized exchanges via various objectives. Ripple recently launched an authorized decentralized exchange, tailor -made for institutions needing KYC controls and compliance, offering a closed environment that contrasts with the open hybrid model of Dexrp. With a different orientation, the XRPL EVM Sidechain provides compatible intelligent contracts Ethereum to the big book, widening the potential DEFI of XRPL without modifying its consensus or its native architecture.
Beyond the Boom challenge cycle and the bottle
When technology is strong, credibility becomes the real border. In Defi, it is a steep climb. The space is strewn with projects that have launched quickly, increased millions of tokens, then imploded due to poor security or to disappear quietly once the media. The audits have been ignored, the promises have been swollen and the consequences have left not only financial damage, but a risk of reputation which continues to observe the entire sector.
For institutional investors, experienced retail regulators and even retail traders, this story is a warning panel. Skepticism does not concern the potential of technology; In fact, this is to know if this time will be different. Gedeon knew it. From the start, he understood that the construction of the product was only half the challenge. The more difficult task would be to gain confidence in an ecosystem that has burned even its most optimistic donors.
Gedeon therefore knew that credibility would be the most difficult challenge.
“The main challenge has been to strengthen credibility in a competitive and often speculative deficiency landscape,” he admits. “We have overcome this by focusing on real utility, obtaining audits early and forming visible partnerships, rather than counting media threshing.”
Dexrp relied on transparency from the start. The company asked independent audits early, focused on tangible utility on chip marketing and continued visible partnerships to report gravity. Community traction is the strongest in Asia, Europe and Latin America, where XRP already commands a base of loyal users. Coverage Cointelegraph,, The provocateurAnd Decipher has also positioned Dexrp as one of the main native XRPL projects aimed at serving both individual and institutional markets.
Defi was not built for the compliance of traditional finances … but it is heading there anyway
Decentralized exchanges have never been supposed to play by the old rules. The whole was to build open and borderless systems that could not be extinguished, bypassing the guardians of traditional finance.
The mica framework of Europe now deals with crypto platforms as traditional financial entities, imposing them license and transparency requirements. The Crypto-Asset Reporting Framework (CARF) of the OECD will go even further, demanding the global sharing of tax data, including transactions at the portfolio.
The United States has taken a more fragmented, but surprisingly instructive path. The Ministry of Justice has discreetly gave aggressive proceedings, indicating that the manufacturers of non -guardian protocols are not the same as the centralized trade operators. In the background, the defenders of policies put pressure for a refuge model as common ground, where innovation can flourish without being stifled by excessive regulations. This is precisely our recommendation to create a regulatory regime on the port for emerging protocols which aim to decentralize, described in the white paper of the crypto coucil for innovation on the key elements of an effective challenge frame, in which I was co-author.
All well considered, Ripple relies with this future in mind. Its acquisition of Prime Broker Hidden Road and the launch of Rlusd, a fully sustained stablecoin emitted by a New York trust charter, show the transition to infrastructure which meets regulatory expectations without abandoning the basic principles of crypto (CNBC, 2025). And it doesn’t stop at compliance. Ripple actively shapes the next policy phase, defending the initiatives of real sandbox which allow projects to test tokenized assets in live environments: real users, real liquidity, real cross -border movement (dry.gov, 2025).
Where does that leave projects like Dexrp? At a crossroads, but with an opportunity. The regulations must not mean a compromise; This can be a design principle. Dexrp opted for transparency, external audits and a hybrid architecture that mixes. DEXRP reacts by integrating credibility into its architecture: carrying out audits before media threshing, prioritizing partnerships on the promotion and adoption of a hybrid model that calls on institutions and individuals.
