According to XRP Ledger developers, on May 27, the XRP Ledger developers submitted a draft amendment titled “AMM Swappable Curves,” aiming to introduce three switchable curve types for the XRPL’s native automated market maker: constant product, concentrated liquidity, and StableSwap, with programmable Smart AMM to be added later. Existing AMM pools will continue using the current constant product model and will not require migration. Over $3 billion in tokenized real-world assets already exist on the XRPL chain; however, this proposal remains in draft form and must undergo the XRPL amendment voting process, which may take several months and has an uncertain outcome.
XRPL Developers Propose AMM Upgrade with Three Interchangeable Curves
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Summary
On May 27, XRP Ledger developers proposed a blockchain upgrade titled "AMM Swappable Curves" to introduce three swappable curve types for native AMMs. The upgrade would add support for constant product, concentrated liquidity, and StableSwap models, with future plans to include Smart AMM. Existing pools will remain on the constant product model. The proposal is currently in draft form and must pass the XRPL amendment process, which could take months. The chain currently holds over $3 billion in tokenized real-world assets.
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