💧 Liquidity is flowing day to day on/through the XRPL EVM via @axelar and @squidrouter.

This is what happens on Cosmos 👇🏻

1️⃣ Initial $XRP liquidity is bridged to protocols on Cosmos (Like Elys, Osmosis, Injective). Pools for $XRP / $USDC (from @noble_xyz) are being set up.

2️⃣ People is buying $XRP with $USDC (or any other asset) reducing the $XRP supply in exchange for USDC.

3️⃣ Market makers then swap this additional $USDC for more $XRP and bridge again to the pool.

This keeps increasing the amount of $XRP bridged (and locked on XRPL mainnet).

From EVM chains 👇🏻

1️⃣ Similar thing happens for $XRP (increasing XRPL EVM onchain value)

2️⃣ $XRP is pairing with bridged tokens from Ethereum (WETH, $USDC, DAI, WBTC) on DEX like @MoaiFinance.

This is now also TVL for XRPL EVM.

Same things are going to happen for more DEXs and when deeper integrations on wallets like Metamask are available.

Although slowly right now, it's increasing day to day and will keep on until all the demand for $XRP on the broad web3 DeFi is satisfied 📊

🫵🏻 You can also become a liquidity provider. Follow the steps here and find out opportunties to bring $XRP on a multichain world! 👇🏻https://t.co/cOJFhK1TRq