XRPL could close its biggest DeFi gap if new AMM amendment passes

A new draft amendment titled "AMM Swappable Curves" has been proposed for the XRP Ledger, aiming to introduce three new pluggable curve types: constant product, concentrated liquidity, and StableSwap. Authored by core developers Denis Angell and Roman Thpt, this upgrade seeks to address a major limitation in XRPL’s existing automated market maker. Currently, liquidity is spread uniformly, which is inefficient for stablecoins and correlated assets. By allowing liquidity providers to target specific price bands, the amendment aims to increase capital efficiency and bring XRPL’s DeFi capabilities in line with other major ecosystems. While the proposal is still in the draft stage and requires a governance vote, it represents a significant step in supporting the network’s growing institutional tokenization efforts.

(Source：CoinDesk)