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XRPL Activates Permissioned DEX to Open Compliant On-Chain Trading for Institutions

The XLS-81 upgrade ties access to verified permissioned domains, aligning XRPL’s built-in exchange with KYC and AML controls.

Overview

  • The amendment is live on mainnet, creating members-only venues where only approved accounts can place and accept offers.
  • Access is governed by Permissioned Domains introduced earlier this month, which define which accounts may trade inside each venue.
  • Each domain operates a separate DEX with its own order books and currency pairs, preventing trades from crossing domains.
  • Paired with last week’s XLS-85 Token Escrow, the upgrade enables conditional settlement for issued tokens in controlled secondary markets.
  • Coverage highlights an institutional-first focus targeting banks and brokers under compliance constraints, with limited immediate impact on most retail traders and reports of roughly $4.5 million in daily inflows to XRP products.