SHX/XRP
Stronghold SHx55safety: ModerateAMM account rMpTKA…mwea · issuer rfmS3z…2Yhw · axelar.foundation
The issuer still controls the token account and can mint more supply or change its settings.
A single provider holds more than 40% of the pool and can exit at any time.
Inside the SHX/XRP pool
The SHX/XRP pool is an XRP Ledger automated market maker holding SHX against XRP at the AMM account rMpTKAqu…mwea. It currently holds $185.6k of liquidity (about 135.6K XRP across both sides) and charges a 0.300% trading fee, which is paid to liquidity providers rather than to any company. It has existed for roughly 207 days.
Our scoring reads as fair: it functions, but the numbers behind it are modest enough that exits can be slow, producing a health score of 43/100, while the underlying SHX issuer carries a safety score of 55/100. 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 $1.4k across 53 swaps, a turnover of 0.8% of its own size. At that pace, fee income annualises to roughly 5.11% before any impermanent loss — a description of past volume, not a promised yield. Liquidity comes from 17 providers, with the largest holding 99.2% of the LP tokens — if that provider withdraws, the depth you see today largely disappears.
Why this score?
This pool reads moderate on safety (55/100) and low on health (43/100). Open the breakdown to see, in plain English, exactly what moved each number.
Pool health — 43/100 · Low
Health is capped by unresolved red flags on this pool.
- Liquidity depth & stability74
- Organic trading activity35
- LP distribution18
- Asset quality62
- Age & track record100
- Fee sustainability79
- Volatility / IL risk64
- Structural resilience81
What helps this score
- +Liquidity has held steady, with no large withdrawals in the tracked window.
- +Trades nearly every day — activity looks organic, not a one-off spike.
- +Has survived more than six months on the ledger.
- +Fee rate and fee income are both in a sustainable range.
- +Freeze is permanently disabled, so your LP position cannot be frozen.
- +A long, continuous pool history with no break in liquidity.
What holds it down
- −1 unresolved critical red flag caps how healthy this pool can read.
- −Volume is dominated by isolated spikes rather than steady flow.
- −One provider holds almost the entire pool and can withdraw it at will.
- −The issuer is not blackholed and can still mint supply or change settings.
- −One provider holds 99% 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)
5.11%
(1 + (7-day average daily volume × fee rate ÷ current TVL)) ^ 365 − 1
Est. fee APY (24H)
0.83%
Yesterday alone — far noisier than the 7-day figure.
Turnover (24h)
0.8%
Activity
A little trading: some daily volume, but thin and easily disrupted.
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
- $1.4k
- Fee rate
- 0.300%
- Fees to LPs (24h)
- $4
- Fees to LPs (7d)
- $177
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
$185.6k
24h volume
$1.4k
24h volume / size
0.8%
Trading fee
0.300%
Top LP share
99.2%
Pool age
207 days
Score breakdown
Issuer control
weight 26% · risk 27/100- Master key is disabled but no blackhole regular key was found — control may still exist.
- Freeze is permanently disabled — trust lines cannot be frozen.
Issuer quality & transparency
weight 15% · risk 42/100- The issuer publishes axelar.foundation, which looks project-owned but belongs to a team we cannot independently identify.
Liquidity quality
weight 14% · risk 36/100- Roughly $186k of value is locked in this pool.
- Moderate liquidity — fine for small positions, painful for large ones.
LP distribution
weight 16% · risk 99/100- The largest liquidity provider controls 99.2% of the pool, the top five control 99.9%.
- 17 addresses hold LP tokens.
- One provider can exit and drain most of the liquidity without warning.
Track record & longevity
weight 13% · risk 43/100- Pool has existed for about 207 days.
- A long, continuous history is a meaningful positive signal.
Verification & signals
weight 7% · risk 32/100- axelar.foundation is published on-ledger and can be cross-checked against the project's xrp-ledger.toml.
Risk history & behaviour
weight 6% · risk 8/100- No aggressive issuer powers remain, and none have been used.
Pair / impermanent loss
weight 3% · risk 70/100- A volatile token paired with XRP: large price moves in either direction cause impermanent loss.
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 5.11% divided by this pool's ×4.5 red-flag multiplier, minus that loss, gives a risk-adjusted result of -4.58%. 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: 1.07%
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 SHX'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.