Definition and scope
Single-Asset Vaults on the XRP Ledger addresses a distinct part of dex, amms, and native defi. Introduce pooled asset custody and share accounting while flagging amendment-dependent availability.
The XRP Ledger includes exchange and liquidity functions at the protocol layer. These topics explain how order books and AMMs interact, how users express prices and limits, and where liquidity, slippage, fees, and smart operational controls matter. Protocol liquidity does not guarantee price, depth, returns, legality, or issuer performance. Examples are mechanical, not trading advice.
How it works
The proposed SingleAssetVault feature defines Vault objects, pseudo-accounts that hold one asset, and MPT-based shares. Deposits, withdrawals, redemption, transferability, and private-domain access are governed by vault settings and amendment rules.
- SingleAssetVault: verify this field, object, or component against the cited protocol documentation.
- Vault: verify this field, object, or component against the cited protocol documentation.
- pseudo-account: verify this field, object, or component against the cited protocol documentation.
- vault shares: verify this field, object, or component against the cited protocol documentation.
Practical example and checks
On an enabled test network, a designer can create a capped vault, deposit an issued asset, verify share issuance and exchange rates, then test redemption and issuer-control scenarios.
For production use, preserve the exact signed or queried data, record the network and validated ledger reference, and compare the result with the current primary documentation before changing off-ledger state.
Open the related live demo or evidence lab →Limits, risks, and common confusion
SingleAssetVault was not enabled on XRPL Mainnet at review time. Documentation is not evidence of Mainnet availability, profitability, custody safety, or a particular operator's risk management.
Protocol liquidity does not guarantee price, depth, returns, legality, or issuer performance. Examples are mechanical, not trading advice.
Current network status
Not enabled on XRPL Mainnet. Official public-server feature responses showed SingleAssetVault supported but not enabled on Mainnet at review time. Test only on a network where the amendment is enabled.
Status reviewed 2026-08-23. Amendment-dependent behavior must be rechecked against the network's live feature state before operational use.