Coin Edition -
- Magnetic X’s DeFi platform on XRP Ledger fuels yield farming rewards for users.
- Total value locked in XRP Ledger AMM pools surpasses $5.3 million.
- High APRs drive growing interest in yield farming on the XRP Ledger.
Magnetic X, a protocol facilitating applications on the XRP Ledger (XRPL), has reported significant growth in its DeFi ecosystem.
Over 37 days, 703 users (“farmers”) have collectively earned over 50,000 XRP through Magnetic X’s platform, showcasing its potential for generating rewards.