SYDNEY, April 21, 2025 (GLOBE NEWSWIRE) — XenDex, a groundbreaking all-in-one decentralized exchange, is officially entering the Ripple blockchain with a bold mission: to create the first all-in-one decentralized finance hub built natively on the XRP Ledger (XRP). Leveraging AI Copy trading technology, non-custodial trading, and smart lending and borrowing protocols. XenDex is not just another DEX, it’s the infrastructure XRP has been missing.
Mission & Vision
XenDex’s mission is to enable global access to decentralized finance by delivering a secure, low cost, community-governed exchange that runs at the unmatched speed. The team behind Xendex is determined to develop the best and most unique decentralized exchange with multiple functionalities on the Ripple ecosystem.
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The project envisions becoming XRP’s primary DeFi engine, combining next-gen trading tools, lending and borrowing functions, staking, cross-chain bridges, and full DAO governance — all within a scalable, high-speed ecosystem.
Introducing $XDX – The Utility Token of XenDex
At the heart of XenDex lies $XDX, a multi-utility token powering all activity across the platform. $XDX provides users with:
- Governance rights for on-chain voting and proposal submission
- Staking rewards for passive income and platform security
- Fee discounts for trading and borrowing activities
- Liquidity incentives through farming and AMM pools
- Access to launchpad sales, NFTs, and AI tools
- Airdrop eligibility for early adopters and long-term holders
$XDX Tokenomics
- Token Ticker: $XDX
- Total Supply: 1,000,000,000 tokens
- Presale Allocation: 300,000,000 (30%)
- Staking & Lending Reserve: 25%
- Team: 10% (with 6-month vesting)
- Locked Reserve: 10%
- Marketing & Partnerships: 5%
- Public Sale Allocation: 20%
XenDex isn’t just building a De-Fi, rather it’s engineering an ecosystem. With its sights set on long-term growth, sustainable community engagement, and cross-chain interoperability, the XenDex team has revealed a multi-phase roadmap that blends technical delivery, community building, and strategic expansion.
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The lead developer of the project stated that XenDex is committed to long-term growth with a few event coming soon, some of which include the $XDX token sale, major AMAs, airdrops, independent security audits, community games, DAO governance rollout, and listings on top exchanges including FirstLedger, MagneticX, Bitmart, followed by MEXC and Binance — all while continuously expanding features like lending, AI copy trading, and cross-chain integration.
XenDex’s beta version and smart contracts are currently undergoing development and comprehensive audits respectively, and the entire platform is designed to remain non-custodial and governed by its community via DAO voting.
Join the XenDex Revolution
Website: https://xendex.net
Telegram: https://t.me/XenDexCommunity
Twitter: https://x.com/XenDex_XRP
Contact:
Frank Richards
[email protected]
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