# XRP (XRP) Perpetual — Live Price & How to Trade on Aster | Asterpedia > Live XRP (XRP) price, funding, and volume on Aster DEX. How to trade the XRP crypto perp: USDT-margined, up to 100x leverage. Code MMTz04 returns 5% of your f - Source: https://asterpedia.com/markets/xrp - Publisher: Asterpedia (https://asterpedia.com) --- [Home](https://asterpedia.com/)/[Markets](https://asterpedia.com/markets)/XRP ![XRP logo] Crypto perpetual # XRP Perpetual · XRPUSDT Trade the **XRP perpetual** on [Aster DEX](https://www.asterdex.com/en/referral/MMTz04): USDT-margined, up to **100x leverage**, with no identity verification currently requested. Browsing rather than trading this one? See [all Aster perpetual markets](https://asterpedia.com/listings). [Trade XRP on Aster →](https://www.asterdex.com/en/referral/MMTz04)[How to trade XRP](#how-to) XRP · XRPUSDT · Live $1.3675 ▼ -0.69% (24h) Updated 7:00:17 AM 24h High $1.3817 24h Low $1.3488 Funding 8h +0.0071% 24h Volume $25.15M Max Leverage 100x XRP price · Aster 1H4H1D1W1M Loading XRP chart… Live XRPUSDT candles from Aster's public API. For trading, verify on [asterdex.com](https://www.asterdex.com/en/referral/MMTz04). ## About XRP (XRP) XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments. Its primary value proposition is offering a fast, cost-effective alternative to traditional banking systems by enabling near-instant cross-border settlements that finalize in three to five seconds. ## Trading XRP Perpetuals on Aster On Aster, XRP trades as the USDT-margined **XRPUSDT** perpetual: a contract with no expiry date, where your collateral and your profit or loss are both settled in USDT rather than in XRP itself. Leverage runs up to **100x** on the standard order-book market, and funding is exchanged between longs and shorts every eight hours to keep the contract price tracking its index; the last 30 and 90 days of those settlements are on the [Aster funding rate history](https://asterpedia.com/markets/funding-rate-history) page. Orders can be placed openly or through Aster's [orders hidden from the public book](https://asterpedia.com/privacy/aster-hidden-orders-explained), which keeps size out of the public book until the moment it executes. ## How the XRPUSDT Perp Differs From Owning XRP Buying XRP outright gives you the asset. Trading the XRPUSDT perpetual gives you exposure to what its price does without ever holding it: you post USDT as margin, and the position is closed out in USDT at whatever level you exit. That difference has three practical consequences. Going short is as easy as going long, so a falling XRP price is something you can trade rather than sit out. Position size can exceed collateral, up to 100x, which magnifies losses at exactly the same rate it magnifies gains. And funding is paid or received every eight hours for as long as the position stays open, a running cost that someone simply holding XRP never encounters. ## Fees and Leverage on the XRPUSDT Market Aster charges **0% maker** and **0.04% taker** on USDT-margined perpetuals, so adding liquidity to the XRPUSDT book costs nothing and taking it costs 0.04% of notional. Two savings stack on top of that: paying fees in ASTER takes another 5% off at the point of trade, and signing up with referral code **MMTz04** returns 5% of the fees you pay as a rebate Aster calculates daily and credits the next day. Leverage on XRP is capped at 100x on the standard perp. Leverage does not change the fee rate, but it does change the notional those fees are charged against, so a 50x position pays fifty times the fee that the same collateral would pay unlevered. The full tier structure is in our [fee and discount guides](https://asterpedia.com/guides/fees). ## What to Know Before Trading XRP Three things decide whether a XRP position survives. Funding is the first: the eight-hourly payment runs positive or negative depending on which side is crowded, and over days rather than minutes it compounds into a real drag on a held position. Liquidation is the second: at 100x, a move of roughly 1.00% against you consumes the margin backing the trade, before fees are counted. Liquidity is the third: depth on XRPUSDT varies by hour, and a market order sized past the visible book fills at progressively worse prices, which is the situation limit orders and hidden orders exist to handle. Set the stop before you open the position rather than after, and treat the leverage slider as a risk control rather than a way to buy more. Key Takeaway XRP perps on Aster are USDT-margined with up to 100x leverage and 8-hour funding. With referral code **MMTz04**, Aster returns **5% of the fees you pay** as a rebate, and its hidden-order mode lets you place larger XRP orders without broadcasting size to the book. ## How to Trade XRP on Aster in 4 Steps - 1**Connect a wallet:** open [asterdex.com](https://www.asterdex.com/en/referral/MMTz04) and connect MetaMask, Rabby, or another Web3 wallet. No identity verification is currently requested. - 2**Deposit USDT:** fund your account with USDT to use as margin collateral. - 3**Open the XRPUSDT market:** select XRP, choose your leverage (up to 100x), and set your margin mode. - 4**Place your order:** market or limit, with optional hidden-order mode for size. Manage risk with stop-loss and take-profit. [Start trading XRP with code MMTz04 →](https://www.asterdex.com/en/referral/MMTz04) ## XRP Perpetual — Contract Specs Market | XRPUSDT (Perpetual) | Margin asset | USDT | Max leverage | Up to 100x (standard perp) | Funding interval | Every 8 hours ([history](https://asterpedia.com/markets/funding-rate-history)) | Settlement | Cash-settled in USDT | Referral rebate | 5% of fees returned with code MMTz04 | Hidden orders | Supported | ## Frequently Asked Questions ### What is the maximum leverage for XRP on Aster? Aster offers up to 100x leverage on the standard XRPUSDT perpetual. Higher leverage increases both potential returns and liquidation risk, so size positions carefully. ### How is XRP funding calculated on Aster? The XRP perpetual settles funding every 8 hours, the interval Aster's public fundingInfo endpoint reports for this market. The funding rate keeps the perpetual price aligned with the underlying index, and is paid between longs and shorts. Thirty and ninety days of realised settlements for XRP are on the Aster funding rate history page. ### Is XRP margined in USDT on Aster? Yes. XRP trades as the USDT-margined XRPUSDT perpetual on Aster — your collateral and profit/loss are settled in USDT. ### Does Aster ask for identity verification to trade XRP? Not at present. Aster is a self-custody DEX: you connect a Web3 wallet and trade from it, and no identity verification is currently requested. That describes how the product works today rather than whether it is available or lawful where you live, which is worth checking for yourself. Signing up with referral code MMTz04 returns 5% of the fees you pay as a rebate credited by Aster. 5% BACK Trade XRP with referral code MMTz04 and Aster returns 5% of your fees as a rebate. [Trade on Aster](https://www.asterdex.com/en/referral/MMTz04) ### XRP Snapshot Market cap rank#6 Market cap$71.17B All-time high$3.65 Aster max leverage100x MarginUSDT ### Other Crypto Markets [![Bitcoin logo] BTCBitcoin](https://asterpedia.com/markets/btc)[![Ethereum logo] ETHEthereum](https://asterpedia.com/markets/eth)[![Solana logo] SOLSolana](https://asterpedia.com/markets/sol)[![BNB logo] BNBBNB](https://asterpedia.com/markets/bnb)[![Dogecoin logo] DOGEDogecoin](https://asterpedia.com/markets/doge)[![Aster logo] ASTERAster](https://asterpedia.com/markets/aster)[![Hyperliquid logo] HYPEHyperliquid](https://asterpedia.com/markets/hype)[![Chainlink logo] LINKChainlink](https://asterpedia.com/markets/link)[![Worldcoin logo] WLDWorldcoin](https://asterpedia.com/markets/wld)[![Zcash logo] ZECZcash](https://asterpedia.com/markets/zec)[![World Liberty Financial logo] WLFIWorld Liberty Financial](https://asterpedia.com/markets/wlfi)[![Avalanche logo] AVAXAvalanche](https://asterpedia.com/markets/avax)[![Cardano logo] ADACardano](https://asterpedia.com/markets/ada)[View all markets →](https://asterpedia.com/markets) ### Other Markets on Aster [XAU](https://asterpedia.com/markets/xau)[XAG](https://asterpedia.com/markets/xag)[CL](https://asterpedia.com/markets/cl)[NVDA](https://asterpedia.com/markets/nvda)[TSLA](https://asterpedia.com/markets/tsla)[AAPL](https://asterpedia.com/markets/aapl)[MSTR](https://asterpedia.com/markets/mstr)[COIN](https://asterpedia.com/markets/coin)[MU](https://asterpedia.com/markets/mu)[SPCX](https://asterpedia.com/markets/spcx)[META](https://asterpedia.com/markets/meta) Aster carries crypto, 24/7 tokenized stock, and 24/7 commodity perpetuals side by side in one account. The stock and commodity instruments are issued by third parties and priced from third-party oracle feeds. ### Related Guides [How to Trade on AsterWallet, deposit, first perp](https://asterpedia.com/guides/getting-started/how-to-trade-on-aster)[1001x Leverage ExplainedHigh-leverage perps & risk](https://asterpedia.com/guides/trading/aster-1001x-leverage-explained)[How Liquidation Works on AsterMargin tiers, the trigger, the cost](https://asterpedia.com/guides/trading/how-liquidation-works-on-aster)[Aster vs HyperliquidPrivacy, leverage, stock perps](https://asterpedia.com/compare/aster-vs-hyperliquid)[Aster Fees ExplainedCut costs with staking + referral](https://asterpedia.com/guides/fees/aster-fees-explained)[What Aster ListsEvery perp, spot pair and listing date](https://asterpedia.com/listings) ### Guide Sections [Fees & SavingsRate card, ASTER discount, referral rebate](https://asterpedia.com/guides/fees)[Aster Trading GuidesOrder types, margin, stock & commodity perps](https://asterpedia.com/guides/trading)[Set Up & First TradeConnect a wallet, deposit, open a position](https://asterpedia.com/guides/getting-started)[Deposit & Wallet FixesMissing deposits, bridge delays, connect errors](https://asterpedia.com/troubleshooting) ## Ready to trade XRP on Aster? Sign up with referral code **MMTz04** and Aster returns 5% of the fees you pay as a rebate. Up to 100x leverage, with no identity verification currently requested. [Trade XRP on Aster →](https://www.asterdex.com/en/referral/MMTz04)