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API Categorization: Alpha (unstable API, expect changes)

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Palisade brings deeper integration into the XRP ledger through our latest AMM APIs. These APIs allow customers to programmatically interact with AMMs on the XRP Ledger.

Use-cases

1. Trading and market making - Providing liquidity into AMMs make it easy to generate revenue on-chain
2. Asset Tokenization - XRP’s AMMs make it easy to provide liquidity on-chain, enabling token issuers to facilitate trades using the built-in DEX

Security considerations

Transactions initiated using AMM APIs are subject to the same policy engine rules. Since AMMCreate and AMMDeposit result in multiple assets being withdrawn from the wallet, the policy engine will expect policies to be defined for each affected asset.

For example, if an AMMDeposit transaction is depositing into a RLUSD/USD pool, the policy engine will require the policies to be defined for the following assets:

1. RLUSD
2. USD

Note that issuer must be defined in the policy for issued assets such as above.

Limitations

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AMM APIs are available on XRP Ledger only

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AMM Deposit

Summary

AMM Deposit is only supported in two-asset mode. Depositing using a single asset into a two-asset pool is currently unsupported.

Unsupported modes

The request parameter lpTokenOut is not yet supported.

Flag DEPOSIT_SINGLE_ASSET is not supported.