XRP Used for Fees on XRPL

XRP Used for Fees on XRPL

What Is XRP Used for Fees on XRPL?

XRP is the native digital asset of the XRP Ledger (XRPL) and serves as the only currency accepted for paying transaction fees on the network. Every transaction submitted to the XRPL must include a small XRP fee — currently just 0.00001 XRP (10 drops) — which is permanently destroyed (burned) upon processing.

This fee is not paid to validators, miners, or any third party. It is irrevocably removed from the XRP supply, creating a deflationary effect over time. The primary purpose of requiring XRP for fees is spam prevention and network security: by making every transaction carry a small but real economic cost, the XRPL deters denial-of-service attacks and ensures the network remains healthy and efficient.

  • Base fee: 10 drops = 0.00001 XRP
  • 1 XRP covers: approximately 100,000 transactions
  • Fees go to: No one — permanently burned
  • Settlement time: 3–5 seconds
  • Compared to ETH: ~99.9% cheaper per transaction