Best of · XRP Ledger · Updated Nov 6, 2026

The best Centralized Exchanges on XRP Ledger in 2026

We track 31 Centralized Exchanges that run on XRP Ledger and have reviewed 26 of them in full. Our top pick is OKX. Each one is scored on security, ease of use, fees and features.

1
OKX
Centralized Exchanges · Ethereum, Bitcoin, X Layer +21
OKX is a large centralized crypto exchange offering spot, derivatives, earn products, a Web3 wallet and a card. DefiLlama tracks about $29.3 billion in TVL, but users still rely on the exchange as a custodian.
Read the OKX review Visit OKX(opens in a new tab)
ScoreScore 8.0 out of 10
TVL $28.4B−0.7%
2
Deribit
Centralized Exchanges · Bitcoin, Ethereum, Solana +2
Deribit is a centralized crypto derivatives exchange focused on Bitcoin and Ethereum options, with futures, perpetuals and spot. It offers deep tooling and institutional features, but requires full KYC and carries leverage and custody risk.
Read the Deribit review Visit Deribit(opens in a new tab)
ScoreScore 7.8 out of 10
TVL $3.61B−4.4%
3
Gate
Centralized Exchanges · Ethereum, Bitcoin, BNB Chain +129
Gate is a centralized crypto exchange founded in 2013 that now spans spot, futures, stocks and earn products. Its breadth and proof-of-reserves claims are the draw; custody risk and unclear regional licensing are the main caveats.
Read the Gate review Visit Gate(opens in a new tab)
ScoreScore 7.7 out of 10
TVL $5.84B−4.6%
4
Bitget
Centralized Exchanges · Bitcoin, Solana, Ethereum +68
Bitget is a centralized crypto exchange that now markets itself as a multi-asset platform, adding tokenized stocks, commodities and forex to spot and futures trading. It offers a wide range of products, but its security and compliance claims come mainly from the exchange itself.
Read the Bitget review Visit Bitget(opens in a new tab)
ScoreScore 7.6 out of 10
TVL $5.82B−1.3%
5
Backpack
Centralized Exchanges · Solana, Bitcoin, Ethereum +26
Backpack combines a centralized crypto exchange, US stock trading and a separate self-custody wallet in one app. Its main draw is cross-collateral margin that earns yield, and its main caveat is custodial and leverage risk.
Read the Backpack review Visit Backpack(opens in a new tab)
ScoreScore 7.6 out of 10
TVL $505M−6.0%
6
Coinsquare
Centralized Exchanges · Cardano, Ethereum, XRP Ledger +6
Coinsquare is a Canadian centralized crypto exchange, founded in 2014 and registered with CIRO as an investment dealer and marketplace member. Its main strength is regulatory standing and third-party custody; fees are not stated in the material reviewed.
Read the Coinsquare review Visit Coinsquare(opens in a new tab)
ScoreScore 7.6 out of 10
TVL $2.72M−4.7%
7
SwissBorg
Centralized Exchanges · Bitcoin, Ethereum, Solana +28
SwissBorg is a European mobile app that routes crypto trades across several exchanges, with auto-invest, earn products and a BORG loyalty token. It suits beginners who want one app, but fees and BORG dependence need checking.
Read the SwissBorg review Visit SwissBorg(opens in a new tab)
ScoreScore 7.4 out of 10
TVL $810M−5.3%
8
Phemex
Centralized Exchanges · Ethereum, Bitcoin, Solana +13
Phemex is a centralized crypto exchange founded in 2019 that offers spot and futures trading, copy trading, bots and earn products. Its main selling points are a wide product range and published Proof of Reserves, while leverage up to 150X is a major risk.
Read the Phemex review Visit Phemex(opens in a new tab)
ScoreScore 7.4 out of 10
TVL $266M−1.1%
9
CEX.IO
Centralized Exchanges · Ethereum, Tron, BNB Chain +10
CEX.IO is a centralized crypto exchange founded in 2013 and registered in the UK, offering spot and margin trading, card purchases, staking and a crypto card. It suits users who want a regulated-style on-ramp, but fees are not published in the material reviewed.
Read the CEX.IO review Visit CEX.IO(opens in a new tab)
ScoreScore 7.4 out of 10
TVL $917K−31.3%
10
BingX
Centralized Exchanges · Bitcoin, BNB Chain, Solana +5
BingX is a centralized crypto exchange that combines spot, perpetual futures, copy trading and tokenized access to stocks, forex and commodities. It suits active traders, but leverage and custody risks are significant.
Read the BingX review Visit BingX(opens in a new tab)
ScoreScore 7.2 out of 10
TVL $547M−2.4%
11
VALR
Centralized Exchanges · Ethereum, Bitcoin, XRP Ledger +4
VALR is a regulated centralized crypto exchange serving clients in Africa and abroad, with spot, margin, perpetuals, staking and lending. The main takeaway is a broad product range for a regional exchange, with the usual custodial risks.
Read the VALR review Visit VALR(opens in a new tab)
ScoreScore 7.2 out of 10
TVL $75.0M−40.1%
12
Flipster
Centralized Exchanges · Ethereum, BNB Chain, Tron +19
Flipster is a centralized crypto exchange focused on perpetual futures, with up to 100x leverage, copy trading and reward campaigns. The main caveats are custodial risk, mandatory KYC and the high risk of leveraged trading.
Read the Flipster review Visit Flipster(opens in a new tab)
ScoreScore 7.0 out of 10
TVL $16.9M−26.7%
13
Poloniex
Centralized Exchanges · Ethereum, Tron, XRP Ledger +8
Poloniex is a long-running centralized crypto exchange offering spot trading, derivatives and custodial wallets. It is a conventional exchange, so custody and counterparty risk apply.
Read the Poloniex review Visit Poloniex(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $912M−2.1%
14
Bitunix
Centralized Exchanges · Ethereum, Bitcoin, Tron +11
Bitunix is a centralized crypto derivatives exchange, listed on DefiLlama since August 2024, with futures, spot and finance products. It is aimed at active futures traders; fees, license details and audits are not spelled out.
Read the Bitunix review Visit Bitunix(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $275M+0.5%
15
Bitrue
Centralized Exchanges · XRP Ledger, Ethereum, Tron +18
Bitrue is a centralized crypto exchange with spot, futures, leveraged ETFs, staking and loans, and a strong XRP focus. Public sources give no licence, audit or fee details, so check those before depositing.
Read the Bitrue review Visit Bitrue(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $133M−8.0%
16
Gate US
Centralized Exchanges · Ethereum, Solana, BNB Chain +66
Gate US is described as the US-incorporated arm of the Gate crypto exchange, aimed at American individuals and institutions. Public sources support its identity, but US-specific fees, licenses and product scope are not published in them.
Read the Gate US review Visit Gate US(opens in a new tab)
ScoreScore 6.8 out of 10
TVL $54.0M+4.6%
17
HTX
Centralized Exchanges · Tron, Bitcoin, Ethereum +16
HTX, formerly Huobi Global, is a large centralized crypto exchange offering spot, margin and futures trading across 600+ listed assets. Its scale is clear, but fees, licensing and custody details need checking before you deposit.
Read the HTX review Visit HTX(opens in a new tab)
ScoreScore 6.5 out of 10
TVL $3.93B−5.1%
18
Bitkub
Centralized Exchanges · Bitcoin, Ethereum, XRP Ledger +19
Bitkub is a Thailand-focused centralized exchange for buying and selling crypto with Thai baht. Its stated local licensing and customer support are strengths, but fees and audit details are not published on the homepage.
Read the Bitkub review Visit Bitkub(opens in a new tab)
ScoreScore 6.5 out of 10
TVL $1.36B−5.2%
19
NonKYC
Centralized Exchanges · Arbitrum, Avalanche, Ethereum +13
NonKYC is a centralized crypto exchange that says it needs no ID verification and lists 200+ coins, including privacy coins like Monero. Its privacy pitch is clear, but audits, ownership and regulatory status are not published publicly.
Read the NonKYC review Visit NonKYC(opens in a new tab)
ScoreScore 6.5 out of 10
TVL $1.52M+6.4%
20
Bitlo
Centralized Exchanges · Ethereum, XRP Ledger, Solana +9
Bitlo is a Turkish centralized crypto exchange offering 90+ assets, TRY and USDT trading, baskets and social trading. It suits Turkish lira users, but fees and licensing details are not in the public facts.
Read the Bitlo review Visit Bitlo(opens in a new tab)
ScoreScore 6.3 out of 10
TVL $12.7M−2.6%
21
Bitmex
Centralized Exchanges · Bitcoin, Ethereum, Tron +3
BitMEX is a derivatives-focused crypto exchange known for pioneering perpetual swaps and high-leverage trading. It suits experienced traders, and carries custodial and regulatory baggage that newcomers should weigh.
Read the Bitmex review Visit Bitmex(opens in a new tab)
ScoreScore 6.0 out of 10
TVL —
22
CoinDCX
Centralized Exchanges · Bitcoin, Ethereum, XRP Ledger +10
CoinDCX is a centralized crypto exchange and investment app offering spot markets and futures. It provides a straightforward app-based route to trading, but fees, licensing details and security disclosures need checking before use.
Read the CoinDCX review Visit CoinDCX(opens in a new tab)
ScoreScore 5.5 out of 10
TVL $163M−2.8%
23
Bitstamp
Centralized Exchanges · Bitcoin, Ethereum, XRP Ledger +7
Bitstamp is a centralized crypto exchange for buying and selling digital assets, with staking and live customer support also advertised. Its long operating history is a positive, but fees, audit details and insurance terms need closer checking before you commit funds.
Read the Bitstamp review Visit Bitstamp(opens in a new tab)
ScoreScore 5.2 out of 10
TVL $4.49B−4.3%
24
ProBit Global
Centralized Exchanges · Bitcoin, BNB Chain, Ethereum +5
ProBit Global was a Lithuania-based centralized crypto exchange founded in 2017. It permanently terminated all services effective April 1, 2026, so there is nothing left to use.
Read the ProBit Global review Visit ProBit Global(opens in a new tab)
ScoreScore 1.0 out of 10
TVL $12.1M−2.4%
25
Binance CEX
Centralized Exchanges · Ethereum, Bitcoin, Solana +39
Binance is a centralized crypto exchange that DefiLlama describes as the world's largest by daily trading volume. DefiLlama tracks about $133 billion in on-chain reserves across more than 40 chains, but custody and regulatory risk remain.
Read the Binance CEX review Visit Binance CEX(opens in a new tab)
ScoreNot rated yet
TVL $127B−6.1%

Centralized Exchanges on XRP Ledger: the numbers

Tracked: 31
Reviewed: 31
Total TVL: $185B
Avg. score: 6.7/10

The DappsAtlas index lists 31 centralized exchanges on XRP Ledger. Every one of them has a full review. Across the 30 with TVL data, the combined value locked is $185B, counting value on every chain they support. Binance CEX dominates, with 69% of that total. The five largest make up 93% of the total; the median is $163M.

Ranked by TVL, Binance CEX ($127B), OKX ($28.4B) and Gate ($5.84B) lead the field. The best-rated is OKX with 8.0/10, followed by Deribit (7.8) and Gate (7.7). Across the 24 rated centralized exchanges, the average score is 6.7/10 and 1 score 8 or higher.

Many also deploy elsewhere, most often on Ethereum (31), Bitcoin (29) and Solana (27). Of the 29 with a confirmed status, 27 are active and 2 are inactive or wound down. Over the last seven days, combined TVL fell 5.0%. NonKYC gained the most (+6.4%), while VALR dropped the most (−40.1%).

Largest by TVL

1Binance CEX$127B
2OKX$28.4B
3Gate$5.84B
4Bitget$5.82B
5Bitstamp$4.49B

Highest rated

1OKX8.0
2Deribit7.8
3Gate7.7
4Bitget7.6
5Backpack7.6

Method

How we ranked them

Reviewed dApps come first. Each DappsAtlas review scores security, ease of use, fees and features from 0 to 10 using public facts such as audits, documentation and on-chain data; the overall score orders the list, with total value locked as the tie-breaker. Projects we have not reviewed yet follow, ordered by total value locked. Scores are never sold.

Guides

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Frequently asked questions

What is the largest centralized exchange on XRP Ledger by TVL?

Binance CEX is the largest centralized exchange on XRP Ledger by total value locked, with $127B across all the chains it supports. It is followed by OKX ($28.4B) and Gate ($5.84B). TVL figures come from DefiLlama and change daily.

Which centralized exchange on XRP Ledger has the highest DappsAtlas score?

OKX has the highest score at 8.0/10, ahead of Deribit (7.8) and Gate (7.7). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.

How many centralized exchanges on XRP Ledger has DappsAtlas reviewed?

DappsAtlas tracks 31 centralized exchanges on XRP Ledger. Of these, 31 have a full review and 30 report value locked, $185B in total, counting value on every chain they support.

Which centralized exchanges on XRP Ledger grew the most this week?

Among centralized exchanges with at least $1M locked, NonKYC had the biggest 7-day TVL gain (+6.4%) and VALR the biggest drop (−40.1%). Combined TVL moved −5.0% over the same seven days.

What is the average score for centralized exchanges on XRP Ledger?

The 24 rated centralized exchanges on XRP Ledger average 6.7 out of 10. Of these, 1 score 8 or higher and 1 score below 5.

Ranked list