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$210M+
Total Value Locked
Across all XRPL pools
200K+
Active Users
Wallets connected
$3.2B+
Volume Processed
All-time on XRPL
Up to 20%
Max APY
On staking vaults
Protocol Suite

Everything DeFi, on XRP Ledger

Six integrated products — one seamless protocol. No extra bridges needed for XRPL-native assets.

🔄
Swap

Token Swap

Swap any XRP Ledger token with best-rate routing across XRPL DEX order books and First Ledger AMM pools. Sub-second settlement, under $0.01 gas fees.

Start Swapping →
🌉
Bridge

Cross-Chain Bridge

Trustlessly bridge XRP and XRPL tokens to Ethereum, BNB Chain and Polygon. Powered by XRPL EVM sidechain and First Ledger's cross-chain messaging layer.

Bridge Assets →
💧
Pool

Liquidity Pools

Provide liquidity to XRPL AMM pools and XRPL DEX pairs. Earn trading fees plus FLDG incentive rewards. Full-range and concentrated liquidity positions.

Provide Liquidity →
🔐
Staking

XRP Staking

Stake XRP and FLDG to earn protocol yield from trading fees, liquidation revenue and ODL corridor incentives. Flexible and fixed-term vaults available.

Stake & Earn →
🏦
Borrow

Collateral Lending

Borrow stablecoins and other assets against your XRP and XRPL token collateral. Competitive borrow rates, no KYC required, non-custodial positions.

Borrow Now →
🚀
Launch

Token Launchpad

Fair-launch new XRPL tokens through First Ledger's IDO launchpad. Automated liquidity seeding, FLDG staker whitelist access, and anti-bot protection.

Explore Launches →
Yield Opportunities

Earn on your XRP assets

Pool / Vault
APY
TVL
Status
XRP Liquid Staking
5.2%
$74M
Live
XRP / USDC AMM
13.5%
$38M
Hot
FLDG Governance Vault
20%
$28M
New
XRP / ETH Bridge Pool
10.4%
$22M
Live
Lending Reserve USDC
6.8%
$17M
Live
XRP / BTC Cross-Chain
12.3%
$11M
New
View All Pools →
Featured Vault
FLDG Governance Vault
20% APY
Flexible Stake
Withdraw anytime · No lock
5.2%
30-Day Vault
Optimal for most users
8.1%
90-Day Power Vault
Max yield + governance voting
20%
Start Earning →
Non-custodial · Withdraw anytime (flexible) · XRPL native
Get Started

Up and running in 4 steps

01

Connect XRPL Wallet

Link your Xumm, GemWallet or Crossmark wallet. No account creation. No KYC. Your keys, your assets.

02

Select a Product

Choose Swap, Bridge, Pool, Stake, Borrow or Launch from the protocol dashboard or the widget above.

03

Confirm on XRPL

Approve in your wallet. Settlement finalises on the XRP Ledger in 3–5 seconds with near-zero fees.

04

Earn & Manage

Track positions, compound rewards and manage your XRP portfolio from the First Ledger dashboard.

FLDG Token

First Ledger governance token

FLDG is the protocol governance and value-accrual token. Stake FLDG to vote on protocol parameters, earn fee revenue and access premium pool allocations.

1B
Total Supply
Community & Ecosystem
Incentives, grants, airdrops
35%
Liquidity Mining Rewards
Pool incentives, 4-year vest
25%
Team & Advisors
4-year vest, 1-year cliff
15%
Protocol Treasury
DAO-controlled multisig
15%
Strategic Investors
18-month vest, 6-month cliff
10%
Roadmap

Building the future of XRPL DeFi

Q1 2025 — Completed

Protocol Launch & AMM

First Ledger launched on XRPL Mainnet with AMM pools, basic swap routing and initial liquidity mining programme.

AMM Live Swap Liquidity Mining
Q2 2025 — Completed

Cross-Chain Bridge & Lending

ETH and BNB bridge deployed. Collateral lending module launched with XRP, USDC and USDT markets.

Bridge Lending Audited
Q3 2025 — In Progress

FLDG Token Launch & DAO

FLDG governance token TGE, staking vaults, DAO governance module and Launchpad beta for XRPL token projects.

FLDG TGE Staking DAO Launchpad
Q4 2025 — Planned

Perpetuals & Derivatives

On-chain perpetuals trading for XRP and major assets. Oracle integrations and cross-margin accounts on XRPL EVM.

Perps Options Oracle
Q1 2026 — Planned

Institutional Suite & APIs

Institutional-grade API access, bulk settlement, compliance reporting and dedicated RippleNet integration for enterprise customers.

API Enterprise RippleNet
2026 — Vision

XRPL L2 & Mobile App

First Ledger Layer-2 settlement network for high-frequency DeFi. Native iOS and Android app with hardware wallet support.

L2 Mobile HW Wallet
Security & Trust

Built to be bulletproof

Security is not a feature — it's the foundation. Every First Ledger contract has been independently audited and battle-tested on XRPL Mainnet.

✓ Audited

Triple-Audited Code

All smart contracts audited by Quantstamp, CertiK and an independent XRPL security firm. Full audit reports are publicly available in our GitHub repo.

⬡ Non-Custodial

Your Keys, Your Assets

First Ledger never holds your assets. All protocol interactions are direct on-chain XRPL transactions. Not your keys? Not our protocol.

🛡 Bug Bounty

$500K Bug Bounty

Active bug bounty programme on Immunefi with up to $500,000 in rewards for critical vulnerability discoveries. Responsible disclosure is rewarded generously.

Audited by · Backed by · Built on
Knowledge Base

Frequently Asked Questions

Everything you need to know about First Ledger and XRP DeFi on the XRPL.