The network also recorded $49,494 in app revenue and $4.38 million in decentralized exchange volume during the same period.
DefiLlama’s XRPL dashboard places 24-hour chain fees, chain revenue, and chain REV at $1,027 each. $XRP Ledger transaction fees are permanently destroyed rather than distributed to validators, separating the network’s fee structure from blockchains where fees are paid directly to network participants.
XRPL Apps Generate $49,494 in Daily Revenue
Activity generated through applications on the $XRP Ledger was substantially larger than the base-layer chain revenue.
Protocols tracked by DefiLlama recorded $49,494 in app revenue over 24 hours, while total app fees reached $130,926.
Decentralized exchanges on XRPL processed approximately $4.38 million in volume during the same period. Meanwhile, the network registered 40,326 active addresses, providing another measure of daily blockchain activity.
DefiLlama reported $0 in net inflows over the latest 24-hour period.
These metrics represent different components of the ecosystem. Chain revenue measures the economic value associated with base-layer transaction fees, while app fees and app revenue track activity generated through applications operating on XRPL.
XRPL Stablecoin Market Holds Near $1.2B
Stablecoins represent a considerably larger segment of the $XRP Ledger ecosystem by value.
DefiLlama places the network’s stablecoin market capitalization at approximately $1.191 billion, with RLUSD identified as XRPL’s native stablecoin.
The network also holds approximately $44.63 million in DeFi total value locked, while active real-world asset assets under management stand at $20.88 million.
The figures show that stablecoin capitalization is currently more than 26 times larger than the value locked across XRPL DeFi protocols.
However, stablecoin market capitalization, DeFi TVL, and RWA AUM measure different forms of network activity and should not be combined as a single liquidity figure.
$XRP Trades at $1.48 With $93.06B Market Cap
At the time of the DefiLlama snapshot, $XRP traded around $1.48, giving the token a market capitalization of approximately $93.06 billion.
Its fully diluted valuation stood at $147.97 billion.
The FDV figure represents $XRP’s theoretical valuation based on its maximum supply at the current market price. It is therefore separate from the $XRP Ledger’s $1,027 in 24-hour chain revenue, which reflects base-layer transaction fee activity.
At the network level, the latest snapshot consequently shows $1,027 in chain revenue, $49,494 in app revenue, $130,926 in app fees, $4.38 million in DEX volume, and more than 40,000 active addresses over the measured 24-hour period.
