USDC/XRP
Circle USDC82safety: ExcellentAMM account rM7cHV…GPWE · issuer rGm7WC…uWhE · https://circle.com
A single provider holds more than 40% of the pool and can exit at any time.
Inside the USDC/XRP pool
The USDC/XRP pool is an XRP Ledger automated market maker holding USDC against XRP at the AMM account rM7cHVPf…GPWE. It currently holds $626.9k of liquidity (about 457.3K XRP across both sides) and charges a 0.202% trading fee, which is paid to liquidity providers rather than to any company. It has existed for roughly 457 days.
Our scoring reads as a strong pool, with dependable depth and steady trading, producing a health score of 72/100, while the underlying USDC issuer carries a safety score of 82/100. Those two numbers answer different questions: health asks whether the pool works as a market, and safety asks whether the token inside it can be frozen, clawed back or reissued.
Over the last 24 hours the pool traded $33.0k across 380 swaps, a turnover of 5.3% of its own size. At that pace, fee income annualises to roughly 5.24% before any impermanent loss — a description of past volume, not a promised yield. Liquidity comes from 91 providers, with the largest holding 95.3% of the LP tokens — if that provider withdraws, the depth you see today largely disappears.
Why this score?
This pool reads excellent on safety (82/100) and healthy on health (72/100). Open the breakdown to see, in plain English, exactly what moved each number.
Pool health — 72/100 · Healthy
Strongest area: liquidity depth & stability. Weakest: lp distribution.
- Liquidity depth & stability88
- Organic trading activity62
- LP distribution31
- Asset quality90
- Age & track record100
- Fee sustainability79
- Volatility / IL risk94
- Structural resilience94
What helps this score
- +Deep liquidity — large enough to absorb normal trade sizes.
- +Liquidity has held steady, with no large withdrawals in the tracked window.
- +Trades nearly every day — activity looks organic, not a one-off spike.
- +The paired token itself scores well on issuer safety.
- +Has survived more than six months on the ledger.
- +A publicly identified, supervised issuer stands behind the token side.
- +The issuer's domain maps to a publicly known operator.
- +Deep liquidity keeps slippage low on ordinary trade sizes.
- +A long, continuous pool history with no break in liquidity.
What holds it down
- −One provider holds almost the entire pool and can withdraw it at will.
- −One provider holds 95% of the pool and can exit at will.
Earnings activity
Historical trading activity in this pool. These figures describe what already happened — they are not a forecast or a yield promise.
Est. fee APY (7D)
5.24%
(1 + (7-day average daily volume × fee rate ÷ current TVL)) ^ 365 − 1
Est. fee APY (24H)
3.96%
Yesterday alone — far noisier than the 7-day figure.
Turnover (24h)
5.3%
Activity
Steady daily volume and swaps — meaningful activity by XRPL standards.
Recent daily volume
Last 15 days
Each bar is one calendar day of traded volume. Days we hold no snapshot for show as zero.
Fee income breakdown
- 24h volume
- $33.0k
- Fee rate
- 0.202%
- Fees to LPs (24h)
- $67
- Fees to LPs (7d)
- $614
Calculated from historical on-chain trade volume. Fee income is shared across all liquidity providers in proportion to their share and changes with volume. Past volume does not predict future volume.
Pool size
$626.9k
24h volume
$33.0k
24h volume / size
5.3%
Trading fee
0.202%
Top LP share
95.3%
Pool age
457 days
Score breakdown
Issuer control
weight 26% · risk 17/100- Circle (USDC) — Native Circle USDC on the XRP Ledger. Circle retains issuer control for compliance and redemption, as it does on every chain it supports.
- Issuer keeps mint, freeze and clawback powers, as a redeemable regulated asset requires.
Issuer quality & transparency
weight 15% · risk 5/100- Circle (USDC) is publicly identified and supervised (https://circle.com).
Liquidity quality
weight 14% · risk 17/100- Roughly $627k of value is locked in this pool.
- Deep enough that ordinary trade sizes cause limited slippage.
- Volume is a healthy fraction of the pool's size — the liquidity is genuinely being used.
LP distribution
weight 16% · risk 91/100- The largest liquidity provider controls 95.3% of the pool, the top five control 98.0%.
- 91 addresses hold LP tokens.
- A broad set of providers makes a sudden liquidity exit far less likely.
- One provider can exit and drain most of the liquidity without warning.
Track record & longevity
weight 13% · risk 0/100- Pool has existed for about 457 days.
- A long, continuous history is a meaningful positive signal.
Verification & signals
weight 7% · risk 3/100- Issuer identity is publicly verifiable and supervised.
Risk history & behaviour
weight 6% · risk 9/100- Freeze has not been given up, so the power is available even though it has not been used.
Pair / impermanent loss
weight 3% · risk 20/100- XRP paired with a stable-style asset: price ratios move less, so impermanent loss stays small.
Impermanent loss & slippage calculator
Move the sliders to see what happens to a position in this pool.
Impermanent loss: 5.72% versus simply holding both assets.
Historical fee income of 5.24% divided by this pool's ×1.8 red-flag multiplier, minus that loss, gives a risk-adjusted result of -2.81%. Based on past volume, not a projection.
At the last 24 hours of volume that stake would have earned about $0 in fees, while the price move above implies roughly −$57 of impermanent loss versus just holding.
Estimated price impact: 0.32%
Constant-product estimate against this pool's current size, before fees.
Where to go next
Impermanent loss, worked
Three scenarios showing what a 25%, 100% and 300% price move actually costs.
Open →How AMM pools pay
Fees, depth, turnover and what separates a healthy pool from a fragile one.
Open →Check the token first
Look up USDC's issuer permissions and supply concentration before providing liquidity.
Open →Compare all pools
Health scores, fee income and LP concentration across every XRP-paired AMM we track.
Open →Learning path
Stage ten covers AMM pools step by step, with the checks to run before depositing.
Open →CampXRP blog
Written guides on tokens, liquidity pools, risk and security.
Open →Data is read from the public XRP Ledger and refreshed periodically; issuer settings and balances can change at any moment. This is educational information, not financial advice.