Markets· ★★★· neutral·

XRP futures volume rebounds to $68B, but XRPL stablecoin liquidity falls 12%

  • —XRP futures volume: $38B in July, $65B in September, $68B in October
  • —Binance leads with $34.57B, followed by Bybit at $13.58B and OKX at $12.25B
  • —XRPL stablecoin capitalization fell 11.88% to $1.069B over 30 days
  • —Spot volume near $470M versus futures volume of about $2.7B; open interest at $2.9B
Why it matters: Rising futures activity without spot demand and shrinking XRPL liquidity raise the risk of extreme XRP volatility without price gains.
Source: AMBCrypto