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XRPL ECOSYSTEM

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bidds

Bidds provides an NFT marketplace and DEX on XRPL and affiliated networks, supporting trading, launches, validation, and utility via $OXP, with a focus on auctions and wallet integrations.

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About bidds

Bidds is a leading NFT marketplace on the XRP Ledger, enabling users to buy, sell, trade NFTs, and launch collections via a simple form-based tool. It includes a DEX for token trading, operates an XRPL dUNL validator, and incorporates the $OXP utility token for enhanced functionality. Powered by the XPUNKS team, Bidds emphasizes auction-style trading, community engagement, and seamless integration with wallets like Xaman for a streamlined DeFi and NFT experience.

About the XRP Ledger

The XRP Ledger (XRPL) is a decentralized, open-source blockchain launched in 2012, designed for fast, low-cost, and scalable transactions, primarily for payments and tokenization. It processes over 3.3 billion transactions with a 3-5 second settlement time and supports up to 1,500 transactions per second (TPS) at minimal fees. XRPL uses a Proof of Association (PoA) consensus mechanism, relying on a network of trusted validators. XRP, the native token, facilitates transactions and liquidity across the ecosystem.

About the XRPL EVM Sidechain

The XRPL EVM Sidechain, launched on mainnet June 30, 2025, introduces Ethereum-compatible smart contracts to the XRPL ecosystem, enhancing its capabilities without altering the mainnet’s efficiency. Developed by Ripple and Peersyst Technology, it uses XRP as the native gas token, supports 1,000 TPS with 3.4-second block times, and connects to over 80 blockchains via the Axelar bridge, with Wormhole integration planned. It enables developers to deploy Ethereum-based decentralized applications (dApps) using tools like Solidity, MetaMask, and Hardhat, targeting DeFi, lending, tokenization, and payments.

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