XRP Ledger Native Lending Push Gains Momentum as XPMarket Backs Upgrade

The push to bring native lending capabilities to the XRP Ledger (XRPL) has gained another significant endorsement from a major ecosystem participant.

In a recent update, crypto trading platform XPMarket confirmed that it voted Yes on the proposed XLS-65 and XLS-66 amendments, adding further momentum to one of the network’s most ambitious DeFi upgrades.

The vote reflects growing support for transforming the XRP Ledger (XRPL) into a more comprehensive decentralized finance ecosystem by introducing lending, yield generation, and credit markets directly on-chain without relying on external smart contract platforms.

“The future of XRPL DeFi is being built, and we’re proud to back it,” XPMarket said in a statement.

XPMarket Backs Native Lending on XRPL

According to XPMarket, the two amendments would introduce Single Asset Vaults and an on-ledger lending protocol that operates natively within the XRP Ledger.

Under the proposal, users would deposit a single asset, such as XRP or RLUSD, into shared liquidity vaults. The protocol would then lend those pooled assets to borrowers, enabling depositors to earn yield while providing borrowers with access to fixed-term credit facilities.

Unlike most decentralized lending platforms that operate through smart contracts on external chains, the proposed system would settle transactions directly on XRPL. As a result, the network could support lending and credit markets without depending on third-party protocols or external smart contract infrastructure.

Builder Activity Around XRPL Lending Accelerates

XPMarket’s endorsement comes as developer and builder interest in lending applications on the XRP Ledger continues to grow. The upgrade has improved amendment security and governance, which has strengthened confidence in the proposals and encouraged broader ecosystem participation.

Developers are also positioning the upcoming native lending functionality as one of the most rigorously tested upgrades in XRPL history. According to reports, developers incorporated lessons learned from previous network upgrades while designing the new lending framework.

RippleX Head of Engineering J. Ayo Akinyele recently reinforced that position, stating that both the Lending Protocol and Single Asset Vault were developed using a security-first framework.

Over the past year, the amendments have undergone multiple independent security audits alongside a large-scale Immunefi Attackathon. The initiative attracted 131 security researchers and generated 455 submissions, including 94 validated findings.

Researchers identified issues ranging from critical vulnerabilities to informational observations. Interestingly, developers addressed all validated findings before advancing to additional testing phases.

Institutions Prepare for Integration

As confidence in the amendments continues to grow, several institutions have already begun preparing for potential integrations. According to RippleX, organizations including Evernorth, SOIL, and VS1.Finance is actively exploring ways to integrate with the upcoming lending infrastructure. 

SOIL is gearing up to be the first application using the XRPL Lending Protocol and SAV.

The XLS-65 and 66 unlock a new generation of lending and yield products natively on XRPL, and we’d love to see them activated as soon as possible.

Below is a sneak peek. More coming soon. pic.twitter.com/E89EZrgEBK

— Soil (@soil_farm) June 23, 2026

Their early involvement highlights increasing institutional interest in native XRPL credit markets and suggests that demand for on-ledger lending products could already be forming ahead of deployment.