Networks
A payments focused ledger built for fast, cheap settlement between institutions. The XRP Ledger was designed for moving money, not running apps. It settles in seconds for a fraction of a cent and has a built in order book.
Live market data
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What XRP Ledger is for
The XRP Ledger was designed for moving money, not running apps. It settles in seconds for a fraction of a cent and has a built in order book.
Technical summary
| Property | Value |
|---|---|
| Layer | Layer 1 |
| Launched | 2012 |
| Consensus | XRPL consensus protocol |
| Throughput | About 1500 |
| Finality | 3 to 5 seconds |
| Native token | XRP pays a tiny burned fee on every transaction |
Block explorers
An explorer lets you verify any transaction, address or contract on this network yourself. Learning to read one is the fastest way to stop taking anyone's word for anything.
Wallets that support it
What to be aware of
- Validator concentration varies widely between layer 1s and is worth checking rather than assuming.
- Newer chains have shorter track records under real adversarial pressure.
- Crypto assets are volatile. Drawdowns of seventy percent or more have happened on every network in this list, including the largest.
- Sending to an address on the wrong network can lose funds permanently. Always send a small test amount first.
Nothing on this page is investment advice. We describe how networks work, not whether you should buy anything.
Where to go next
New to XRP Ledger?
We can get you set up with the right wallet, funded, and through a first transaction on this network in about an hour, on a screen share.