XOD Token Overview

The literal fuel that powers the Xoradex Ecosystem

$XOD is the native utility token of the Xoradex ecosystem, purpose-built to power liquidity, trading efficiency, and ecosystem access. Issued directly on the XRP Ledger, $XOD enables near-instant transfers and seamless on-chain utility.

Beyond enhancing liquidity and minimizing user transaction costs, $XOD also functions as the fuel for tokenization, acting as the required GAS for launching tokens or the tokenization of real-world assets within the Xoradex platform.

XOD Token Utility

1. Governance

$XOD holders have the power to shape the future of Xoradex:

• Proposal Voting: Token holders can vote on key platform upgrades, fee models, and new feature integrations.

• DAO Participation: Community-led initiatives like liquidity incentives or token burns are decided through $XOD-based voting.

• Listing Approvals: Projects seeking to list tokens or NFTs may require community support via $XOD votes.

2. Trading Fee Discounts

To reward usage and loyalty, $XOD offers reduced trading costs:

• Tiered Discounts: The more $XOD a user holds or stakes, the lower their trading fees.

• Cross-Product Savings: Discounts apply across spot, AMM, and perpetual markets within the DEX

3. Ecosystem Fees

Although XRPL offers near-zero fees, $XOD introduces a utility-based access layer for ecosystem token creation:

• Project creators pay $XOD to enable launchpad listings.

This mechanism ensures deflationary pressure and meaningful use beyond speculation.

4. Staking Rewards

$XOD unlocks consistent yield and platform benefits:

• Earn a share of platform-generated revenue from spot/perpetual trading fees, NFT sales, and launchpad token allocations.

• Participate in tier-based staking pools for access to exclusive IDOs or NFT drops.

• Stakers may receive additional multipliers for governance voting power and launchpad allocation weight.

4. Liquidity Provision

$XOD is a foundational asset in the platform’s liquidity architecture:

• Pairs with major tokens (XRP, wETH, wBTC, etc.) across Xoradex AMM pools to support deep, efficient markets.

• Acts as a reserve asset in new token pairs listed on Xoradex.

• LPs providing $XOD in key pairs may be eligible for boosted rewards and farming bonuses.