Provide Concentrated Liquidity with Native XRP
LP your XRP with a price range you pick and a fee tier you choose. Real XRP as one side of the pair — concentrated LP was an EVM-only product until Rujira shipped native-XRP support on THORChain.
Why this is new for XRP
Concentrated LP has been an EVM-native product for years. The XRPL has an order-book DEX but no concentrated-AMM primitive. Rujira AMM runs on THORChain, which settles XRP natively, so concentrated LP with real XRP is finally possible.
- Real XRP as one side of the pair — not WXRP, not a bridge IOU.
- User-chosen price ranges — concentrate capital where you expect the pair to trade.
- Multiple fee tiers — match the tier to the pair\'s volatility and spread.
- Non-custodial — the protocol, not a company, tracks your position against your address.
Step-by-step: open an XRP LP position
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Open Rujira AMM
Navigate to the Rujira AMM app on THORChain. It supports concentrated LP on native XRP — no WXRP, no bridge, no wrapped derivative.
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Pick an XRP pair
Choose the trading pair — XRP/RUNE, XRP/BTC, XRP/USDC, or any other listed pair. Depth and realised fees differ; check 24h volume and fee tier before committing.
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Set your price range
Concentrated liquidity means your capital earns fees only while price trades inside a range you pick. Wide ranges behave like a classic AMM. Narrow ranges earn much more when price sits in them and nothing when price leaves. Start wide until you know the pair.
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Pick a fee tier
Multiple fee tiers per pair. Lower tiers (0.05%) fit tight-spread pairs; higher tiers (0.30%, 1%) fit volatile pairs. The UI highlights which tier has the most volume — usually the right default.
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Deposit native XRP (and the paired asset)
Send XRP from your XRPL wallet to the inbound address with the deposit memo. For XRP/USDC, also deposit USDC on its chain. Your XRP stays native on the XRPL; Rujira tracks the position on-chain against your address.
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Monitor the position and collect fees
UI shows current range, realised fees, and IL exposure. Fees accrue while price is in range; claim them without closing.
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Adjust or close when needed
If price drifts out of range, rebalance (close, re-open) or wait for price to return. Closing withdraws both tokens plus accumulated fees to your wallets on their respective chains.
Risks to understand before you LP
Every LP position is exposed to IL when the pair price moves. Concentrated ranges amplify the effect. Pick widths you can live with at the extremes.
When price leaves your range, the position earns nothing and sits entirely in one asset. Wait, rebalance, or close.
Non-custodial is not risk-free. Rujira AMM runs on deployed contracts; a bug could affect LP balances. Size positions accordingly.
Other ways to put XRP to work
XRP concentrated-LP questions
What is concentrated liquidity?
Classic AMMs (original THORChain pools, Uniswap v2) spread LP capital across every possible price. Most of that capital sits at prices the market never touches. Concentrated LP focuses capital into a range you choose — inside the range, denser capital and more fees per dollar; outside, zero fees and the position drifts to one side of the pair.
Why is this new for XRP?
The XRPL has an order-book DEX — efficient for limit orders, but not a concentrated-AMM design. EVM chains shipped concentrated LP years ago (Uniswap v3), but XRP couldn't participate without wrapping. Rujira AMM runs on THORChain, which settles XRP natively, so concentrated LP with real XRP as one leg of the pair is finally possible.
What is impermanent loss?
Any LP position is exposed to IL when the pair price moves. Concentrated ranges amplify the effect — tight ranges with heavy moves can leave you holding the worse-performing side. Size and range should match your risk tolerance.
How are fees paid out?
Accrued fees sit in the position and can be claimed without closing. Closing withdraws the current token balance plus unclaimed fees. Rates scale with volume and inverse range width.
Any IL protection?
No automatic IL protection on Rujira AMM. For yield on XRP without IL, the right product is either borrowing stables against XRP on Rujira Money Market (different risk: liquidation vs. IL), or a classic THORChain XRP pool if available (historically these carried protocol-level IL protection parameters — check current protocol state).
How does this compare to the XRPL's native DEX?
The XRPL DEX is order-book based — you place limit buy/sell orders and the engine matches them. Rujira AMM is pool-based — you provide liquidity across a range and the protocol prices trades against your range. Different instruments for different strategies. An order-book works for point-in-time execution; concentrated LP works for earning fees on continuous flow.