Two obscure pools fuel 2.8B XRPL volume, but only 185 trades caused it
Summary
Two newly created XRPL pools trading TIX against XPM and RLUSD made up 97.24% of XRPL.to’s reported seven-day AMM volume. The figure is provider-specific: the pools contain no XRP, their reported volumes and sparse trade counts do not establish independent traders or XRP demand, and one pool held only trace reserves at the time of inspection. A validated payment shows a routed transaction through the pools, but does not explain how pool-level activity is valued or counted. Comparisons with other dashboards are not direct because they use different metrics. The reported concentration should be treated cautiously until TIX fills can be independently valued and traced on-chain.
