XRP-RLUSD pool on XRP Ledger shows 4.7% indicative fee yield, CryptoSlate model finds
In brief
- XRPL.to showed a 4.7% annualized seven-day fee estimate for the XRP-RLUSD pool on November 7.
- XRP-RLUSD pool held about 1.94 million XRP and 2.25 million RLUSD.
- November 5 fee update means the 4.7% figure doesn't establish realized income.
- CryptoSlate's hypothetical model has the pool trailing untouched 50/50 holdings in every scenario.
What the pool data shows
XRPL.to's pool data displayed a 4.7% annualized seven-day fee estimate and a 0.09% weekly yield. The pool (address rhWTXC2m2gGGA9WozUaoMm6kLAVPb1tcS3) held approximately 1.94 million XRP and 2.25 million RLUSD, and its RLUSD issuer address matched Ripple's official address. XRPL.to reported about 1.14 million XRP-equivalent of seven-day trading volume and 3,502 XRP-equivalent in estimated fees.
XRP traded near $1.16 at the time, down 7.1% over seven days.
At the displayed rate, a hypothetical $10,000 position would've accrued about $9 in fees over one week if prices stayed unchanged, before costs. Those fees accumulate inside the pool and become part of the assets LP tokens can redeem.
Why it's an estimate, not income
So what does 4.7% actually measure? XRPL.to's API guide describes the annualized rate as recent trading fees relative to liquidity, scaled to a year. The displayed fee figure matched seven-day volume multiplied by the current 0.308% trading fee, but a fee update was recorded on November 5 (inside that same week). The XRPL also lets eligible auction-slot traders pay discounted fees. Without earlier rates and transaction-level fees, CryptoSlate said the data doesn't establish realized income.
That's the key caveat.
How the modeled portfolios compare
CryptoSlate's hypothetical model fixes RLUSD at $1, assumes no fees or costs, and lets the pool adjust to XRP's new relative price. On a $10,000 start, a 20% XRP rise leaves the pool worth about $10,954, versus $11,000 for untouched 50/50 holdings and $12,000 for all-XRP. A modeled doubling leaves the pool at $14,142 against $15,000 and $20,000.
The downside changes the ranking for all-XRP. With XRP down 20%, the pool sits near $8,944, versus $9,000 for 50/50 and $8,000 for all-XRP; a halving leaves $7,071, $7,500 and $5,000 respectively. The pool still loses money in those cases, but it keeps more value than the fully exposed XRP position.
The gap to untouched 50/50 holdings isolates what's commonly called impermanent loss (the rebalancing shortfall a liquidity provider absorbs).
These are scenarios, not forecasts or measured returns.
Frequently asked questions
Is the 4.7% XRP-RLUSD pool yield realized income?
No. XRPL.to's 4.7% figure is an annualized seven-day fee estimate. A fee update was recorded on November 5 within that week, and without earlier rates and transaction-level fees, CryptoSlate said the data doesn't establish realized income.
How did the XRP-RLUSD pool compare with holding XRP in CryptoSlate's model?
In CryptoSlate's hypothetical $10,000 model, a 20% XRP rise left the pool at about $10,954 versus $12,000 for all-XRP. With XRP down 20%, the pool was worth about $8,944 versus $8,000 for all-XRP. The pool trailed untouched 50/50 holdings in each scenario.
Where do trading fees go in an XRP Ledger AMM pool?
Fees accumulate inside the pool and become part of the assets that LP tokens can redeem. The XRPL also allows eligible auction-slot traders to pay discounted fees.
