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New XRPL DEX application receives $100K in XRPL Grants

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New XRPL DEX application receives $100K in XRPL Grants

July 28
02:12 2022 is a Wave 3 award recipient of the XRPL Grants Program that has been developed to offer an extensive range of credible and live information on listed tokens on XRPL DEX.

Miami, Florida – July 27, 2022 – A new innovative XRPL DEX project,, has recently won $100K in XRPL Grants. Developed by two U.S.-based developers, Yannier Lesende and Maksym Chaplinskyi, the latest XRPL project is intelligently designed to provide a comprehensive range of real-time data on all tokens traded on XRPL DEX platform. is currently the most dominant on-chain analytics platform on the XRP Ledger. is one of the Wave 3 award recipients of the XRPL Grants Program. The XRPL Grants Program is a multi-wave program. The Wave 1 and Wave 2 were focused on NFTs as well as federated side chains. The Wave 3 phase is dedicated to open-source developers and projects. Launched in 2021, the XRPL Grants Program was founded to provide funding support to promising open-source projects that hold the potential to scale up the XRP Ledger platform. In that light, the theme of the Program is “Contributing to Open Source”.

RippleX recently took to Twitter to announce the award recipients of Wave 3 of the Grant Program and was one of the recipients. The leading blockchain-based payment processing platform had awarded around $3 million in funding in this round. Added to funding, RippleX has also provided technical mentorship to as many as 35 teams working on open-source projects for XRP Ledger, from all over the world. 

“We are thrilled to share with you all that we are one of the proud recipients of the esteemed XRPL Grants for our innovative open-source XRP Ledger project. We have received a whopping amount of $100K in funding as well as technical mentorship from RippleX, and we are more than thankful. Both the grant and mentorship will support us to work on further advancements on”, stated the founders of

“We would like to take this opportunity to express our heartfelt gratitude to RippleX for believing in us, supporting us, and encouraging us.” 

A crucial open-source project on XRPL DEX, extends live data on all listed tokens on the exchange, covering all major aspects, like trading volume, price tracking project links, market capitalization, transaction explorer, and portfolio management. Also, the project offers a summary of every project running on the XRPL platform.  

“ is designed to offer extensive information on each single token on the XRPL DEX. Users will receive reliable metrics based on which they will be able to conveniently manage their token trustlines as well as trade tokens transparently.”

Additionally, extend free-to-use API that will help developers to develop projects based on trusted data provided by XRPL nodes.  

“Our project is aimed to make XRP Ledger discoverable and user-friendly by supporting XRPL Ledger users with premium, accurate, and unbiased data. Our premium database will help them to land up with independent informed decisions.” 

For more information on and its functions, please visit

Media Contact
Company Name: XRPL DEX
Contact Person: Yannier Lesende
Email: Send Email
City: Miami
State: FL
Country: United States