Through the use of blockchain and modern APIs, Ripple enables financial institutions who are part of the network, RippleNet, to send money globally, instantly, reliably and for fractions of a penny. RippleNet is built on top of Ripple’s consensus ledger, XRP Ledger (XRPL).

Ripple is the leading provider of crypto-enabled solutions for businesses. Ripple was founded by Chris Larsen and Jed McCaleb and launched in 2012 (previously OpenCoin).

XRP tokenholders own and govern Ripple's consensus ledger 'XRP Ledger' (XRPL). Ripple's investors include a16z, Pantera Capital, Route 66 Ventures, etc.

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Blockchains (L1)

XRP Ledger

# XRP Ledger Maximum token supply Methodology

## 1. Overview

Maximum token supply measures the absolute cap on XRP tokens that can ever exist. XRP Ledger launched in June 2012 with a fixed genesis supply of 100 billion XRP tokens. Unlike many blockchain protocols, XRP has no inflation mechanism or token minting capability—the maximum supply is immutable and was established at the network's inception. This fixed supply model means the maximum token supply has remained constant since ledger genesis.

## 2. Data sources

- **Genesis parameters**: The 100 billion token maximum supply established at XRP Ledger genesis on June 2, 2012

## 3. Step-by-step calculation

### Component A: Genesis supply initialization

- **Purpose**: Capture the immutable maximum supply set at network launch
- **Logic**: The maximum token supply is set to 100 billion XRP tokens, corresponding to the total amount created when the XRP Ledger genesis ledger was established on June 2, 2012. This value is propagated forward for all subsequent days using a fill-forward strategy, as the maximum supply cannot change under XRP Ledger's protocol rules.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

XRP LedgerXRP

Maximum token supply

Maximum token supply

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