XRPL AMM Pool Rankings
Every AMM pool on the XRP Ledger, ranked by what it paid its liquidity providers in the last 7 days. This week the most went to XRP/BCHAMP: 4,838 XRP, an APY of 111.3%. Across all pools, providers earned 22,878 XRP on 28.98M XRP deposited.
Pools that paid the most this week
| # | Pool | Fee | Paid to providers, 7 days | Pool size | APY |
|---|---|---|---|---|---|
| 1 |   XRP/BCHAMP | 1.00% | 4,838 XRP | 226.7K XRP | 111.3% |
| 2 |  XRP/FUZZY | 0.63% | 4,229 XRP | 1.17M XRP | 18.8% |
| 3 |  XRP/RLUSD | 0.20% | 3,024 XRP | 3.69M XRP | 4.3% |
| 4 |  XRP/TIME | 1.00% | 961 XRP | 15.0K XRP | 335.3% |
| 5 |  XRP/PHNIX | 0.24% | 754 XRP | 362.0K XRP | 10.9% |
| 6 |  XRP/DROP | 0.39% | 586 XRP | 174.2K XRP | 17.5% |
| 7 |  XRP/NORTH | 1.00% | 474 XRP | 21.0K XRP | 117.6% |
| 8 | FUZZY/TIME | 0.70% | 395 XRP | 29.9K XRP | 68.9% |
| 9 |  XRP/EVR | 1.00% | 341 XRP | 163.4K XRP | 10.9% |
| 10 |  HIYO/XRP | 0.99% | 308 XRP | 11.9K XRP | 135.0% |
Size and yield
A pool’s yield is its fees divided by its size, so a small pool can show a spectacular figure from a few trades while the largest pools earn little:
Best yields among large pools
The same ranking by APY, counting only pools holding at least 100,000 XRP, where a few trades cannot move the figure much:
| # | Pool | Fee | Paid to providers, 7 days | Pool size | APY |
|---|---|---|---|---|---|
| 1 | XRP/BCHAMP | 1.00% | 4,838 XRP | 226.7K XRP | 111.3% |
| 2 | XRP/FUZZY | 0.63% | 4,229 XRP | 1.17M XRP | 18.8% |
| 3 | XRP/DROP | 0.39% | 586 XRP | 174.2K XRP | 17.5% |
| 4 | XRP/EVR | 1.00% | 341 XRP | 163.4K XRP | 10.9% |
| 5 | XRP/PHNIX | 0.24% | 754 XRP | 362.0K XRP | 10.9% |
| 6 | XRP/RLUSD | 0.20% | 3,024 XRP | 3.69M XRP | 4.3% |
| 7 |  XRP/USDC | 0.10% | 133 XRP | 207.2K XRP | 3.3% |
| 8 |  SHX/XRP | 0.30% | 90 XRP | 175.3K XRP | 2.7% |
| 9 |  XRP/CNY | 0.36% | 89 XRP | 178.0K XRP | 2.6% |
| 10 |  XRP/BEAR | 1.00% | 77 XRP | 169.2K XRP | 2.4% |
How the APY is worked out
Every trade through a pool pays the pool’s trading fee, set by its liquidity providers’ vote anywhere from 0 to 1%. The fee stays in the pool, so each provider’s share grows. The APY here is the last 7 days’ fees as a share of the pool, times 52: last week’s pace, not compounded and not a promise. For XRP/BCHAMP: 4,838 XRP of fees on 226.7K XRP is 2.13% for the week, about 111% a year.
The risk the APY leaves out
A pool holds two assets and keeps their values equal, so as one rises the pool sells it, and as it falls the pool buys more. Compared with simply holding the two, a provider ends up with less whenever the price ratio moves: impermanent loss. It applies to RLUSD/XRP as much as to a meme coin pool, because XRP’s own price moves against the dollar; only a pool of two assets that keep the same price, such as two dollar stablecoins, avoids it. The impermanent loss guide shows how much a given move costs.
Questions
- Which XRP Ledger AMM pool pays the most?
- By fees paid to liquidity providers in the last 7 days, XRP/BCHAMP: 4,838 XRP, an APY of 111.3%. The ranking changes with trading every week.
- How is an AMM pool’s APY worked out?
- The trading fees the pool earned in the last 7 days, as a share of the pool, times 52. It is not compounded, and it is last week’s figure, not a promise.
- Is a high APY pool a good investment?
- Not by itself. A small pool can show a huge APY from a few trades, and the token in it can fall far more than the fees earn. Impermanent loss applies to every pool whose two sides move apart.