On-chain data over a 24-hour period shows XRP serving as a bridge asset on the XRP Ledger’s DEX, specifically in trades involving EUR and BRL.
Notably, the network recorded 477 auto-bridging events, with most activity across pairs such as EUROP/RLUSD, RLUSD/BBRL, and USDC/RLUSD, and about 15,000 XRP providing liquidity to secure better exchange rates.
For the uninitiated, auto-bridging is a built-in feature of the XRP Ledger’s decentralized exchange that routes a trade through XRP when a direct swap between two tokens does not offer the best price or enough liquidity.
Key Points
- On-chain data confirms that the XRP Ledger recorded 477 auto-bridging events within a 24-hour period.
- Of this figure, EUROP/RLUSD led with 124 events, followed by RLUSD/BBRL with 67 and USDC/RLUSD with 46.
- Within these trades, approximately 15,000 XRP tokens provided liquidity to improve exchange rates.
- Token/XRP pairs accounted for 92% of trades, while Token/Token pairs made up 8%, with only 0.8% of all Token/Token trades auto-bridged.
XRPL 24-Hour Auto-Bridging Data
Vet, an XRPL dUNL validator, recently shared this data, which shows how XRP functioned as a bridge asset over a 24-hour period. According to the data, during that time, the network recorded 477 auto-bridging events.
Of this figure, Vet revealed that EUROP/RLUSD led with 124 events, making it the busiest pair. RLUSD/BBRL, which represents Braza Bank’s Brazilian Real stablecoin, followed with 67 events. USDC/RLUSD recorded 46 events.
Notably, Vet pointed out that RLUSD appeared in most of the auto-bridging transactions. As a result, it stood out as the most actively traded currency against other tokens, where XRP served as the bridge.
The XRPL validator also shared how much XRP supported these trades. Specifically, traders used around 15,000 XRP to provide liquidity and secure better exchange rates.
When he examined the structure of all trades, he found that 92% occurred as Token/XRP pairs, while 8% happened as Token/Token pairs. Out of all Token/Token trades, only 0.8% went through auto-bridging. He added that the BBRL transactions involved small amounts, yet they still triggered the auto-bridging mechanism.
Criticism Over the Numbers
Soon after, a Chainlink influencer and XRP critic argued that 477 auto-bridging events did not represent a major milestone. Responding, Vet admitted that the figure does not break any records. However, he urged the Chainlink proponent to consider the structure of the XRPL DEX itself.
Certainly right, it's not record breaking. But most DEX's are not shared DEX's without middlemen. The beauty with the XRPL DEX is that it's a public good, not deployed by someone.
This has pro's and cons. Pro once it's bootstrapped it's a juggernaut because it has no DAO or…
— Vet (@Vet_X0) February 15, 2026
He explained that most decentralized exchanges do not operate as shared DEXs without intermediaries. In contrast, the XRPL DEX functions as a public good rather than as a platform deployed and controlled by a specific company. This design brings strengths but also has challenges.
On the positive side, once the system gains enough traction, it can grow into a powerful network because no DAO or company inserts itself between users.
On the downside, launching and expanding a shared public DEX without a business entity behind it will make early growth more difficult. Despite this, Vet noted he was confident that the ecosystem could overcome these hurdles and fully bootstrap the platform.
XRP and Stablecoins Complement Each Other
Spotlighting this auto-bridging feature in a separate post, Vet stated that XRP actively serves as a bridge currency on the network. He also emphasized that stablecoins like RLUSD and XRP complement each other on the XRP Ledger rather than compete for the same role.
To support this point, he highlighted trading activity from that day. Specifically, RLUSD exchanged for EUROP on the XRPL DEX through a route bridged by XRP. According to Vet, the process increases the liquidity of issued assets.
He also explained why market makers may prefer to hold XRP. Notably, they can create markets between XRP pairs while holding an asset that carries no counterparty risk. To him, this feature makes XRP one of the most effective tools for building markets across issued tokens.
How Auto-Bridging Works on the XRPL
Notably, auto-bridging, a built-in feature of the XRP Ledger’s decentralized exchange, improves trades between two tokens when direct trading activity has liquidity or pricing limitations.
When a user wants to swap Token A for Token B, the system checks whether routing the trade by converting Token A to XRP and then converting XRP to Token B provides a better rate or deeper liquidity than a direct swap.
Practically, users do not need to take extra steps when auto-bridging works. The XRPL handles the process in the background and chooses the cheapest and most efficient option available. This allows even low-volume or less common token pairs to trade smoothly by leveraging XRP’s liquidity as a bridge.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
