XRPL DEX Liquidity ​

The DEX Liquidity dashboard is a market making feature that allows one to create bids and asks on the DEX. The logic places a series of buy and sell orders at different price levels to provide liquidity for a chosen token (eg USD) in exchange for XRP. The logic calculates the ask and bid prices based on the exchange rate and percentage interval.

DEX Liquidity dashboard usage ​

To place bid and ask orders enter the following information:

1. Amount the initial amount used to calculate the bids and asks. eg 100
2. Issuer Address the token issuer address.
3. The token.
4. Receiver Seed the seed of the wallet that will place orders.
5. Steps The number of steps or levels at which liquidity orders will be placed. Each step increases or decreases the price. eg 3
6. Interval The percentage change in price between each step. 20
7. Then click the Create Orders button.