Due to the continuing technical issue, RippleX has recommended its users no longer deposit funds into the affected AMM pools.
RippleX, the development division of Ripple, revealed a technical issue affecting Automated Market Maker (AMM) pools on the XRP Ledger. This glitch disrupts transactions and pools, prompting the management to update users about fund deposits.
According to a post on the X social platform, the technical team at RippleX has identified a discrepancy in a limited number of AMM pools on the XRP Ledger, leading to transactions being processed incorrectly.
AMM pools are liquidity pools used in decentralized exchanges (DEXs) to facilitate trading without the need for traditional order books. In an AMM pool, traders can swap assets directly with the pool rather than with other traders. The pool contains reserves of various assets, and prices are determined algorithmically based on the ratio of assets in the pool.
