of $XRP Ledger (XRPL) $XRP Dex.
Vet, the popular XRPL dUNL validator, highlighted the development on Wednesday, shortly after the network activated XLS-81, commonly known as the “Permissioned DEX” fix.
Important points
- XRPL is $XRP Dex.
- This transaction, labeled “Offer Creation Authorization,” incorporates compliance terms directly into the transaction.
- This transaction occurs seconds after the developer activates XLS-81 (Permissioned DEX Amendment).
- This offer included $5.89 $XRP in exchange for 589 $RLUSDreferencing the iconic number “589”.
First allowed offer made in XRPL
The veterinarian confirmed in a tweet that the first accepted offer has been made public. $XRP DEXs have taken a major step towards compliant on-chain trading. Transactions labeled “Permission – Make Offer” include conditions that limit who can perform the transaction.
The vet explained that this feature allows participants to limit access to orders only to KYC-verified accounts or regulated entities, including restricting requirements. Unlike traditional open DEX listings, permissioned offers integrate compliance logic directly into transactions and enable automatic enforcement without third-party intermediaries.
The attached screenshot shows that the offer was created on February 18th at 10:58 (UTC). User listed 5.89 $XRP for 589 $RLUSDa nod to the iconic number 589, which is widely recognized around the world. $XRP community.
XRPL enabled DEX enabled
Notably, the developer activated the Permissioned DEX Amendment (XLS-81) seconds before the first offer went live. With this upgrade, regulated entities can: $XRP Ledger via a gated, compliance-driven marketplace.
Unlike open public DEXs, permissioned domains restrict who can make and accept offers and limit participants to AML- and KYC-compliant entities. Developers specifically designed Permissioned DEX for financial institutions such as brokers and banks to facilitate on-chain trading and settlement without exposing the market to unrestricted access.
Powering Institutional DeFi with XRPL
Meanwhile, this development strengthens XRPL’s institutional DeFi strategy. This complements the recently enacted Token Escrow Amendment (XLS-85), which extends escrow functionality to all issued assets, including tokenized real-world assets and stablecoins.
Additionally, developers are promoting the implementation of XLS-66, popularly known as the XRPL lending protocol, aimed at introducing a native lending framework tailored for institutional DeFi.
These upgrades will equip regulated financial players with a robust on-chain toolkit, enabling use cases such as stablecoin FX rails, tokenized funds, and compliant secondary markets.
