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XRPL Commons launches early access to XRP Ledger lending tools at NY hackathon with 400+ developers.

Protocol Fundamentals
14 Oct 2026
Crypto news
View Source
Bullish
XRPL Commons launches early access to XRP Ledger lending tools at NY hackathon with 400+ developers.

XRPL Commons announced early access to proposed native lending tools on the XRP Ledger during its Oct. 24–25 New York hackathon, attracting over 400 developers. Participants will test lending and vault features based on amendments XLS-65 and XLS-66 in a test environment, as the proposals await validator approval before mainnet launch. The new tools enable pooled asset vaults and fixed-term loans managed on the ledger without bridges or smart contracts, potentially expanding DeFi capabilities on XRP Ledger. The hackathon offers $40,000+ in prizes and incubation opportunities, with support from partners like Ripple, Mastercard, and AWS, while validator voting on the lending amendments continues with no fixed activation date.

XRP's market cap stands at Rp1.517,38 trillion as of Oct 14, 2026, 23:03 WIB, with a 24-hour trading volume of Rp40,91 trillion on Pluang. The token is priced at Rp23.781, down 2.95% in the past day, while Pluang users show a buying interest at 61% against 39% selling. This trading activity occurs as the XRP Ledger community explores new native lending features that could enhance DeFi options on the platform.

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