Ripple partners with Immunefi to strengthen the XRPL lending protocol

Ripple partners with Immunefi to engage security experts globally for the XRPL Lending Protocol.

Ripple and Immunefi have announced a strategic partnership to increase the security of the XRP Ledger (XRPL) Lending Protocol, in a broader effort to position it as an institutional-grade settlement layer.

Unveiled on October 13, the partnership introduces an ‘Attackathon’ designed to stress test the proposed XRPL Lending Protocol ahead of the expected validator vote later this year. Through this initiative, leading Web3 security researchers from around the world are invited to identify vulnerabilities in the protocol and compete for a $200,000 prize.

XRPL becomes institutional

According to the official press release shared with CryptoPotato, in addition to the bug-hunting competition, the Attackathon Academy will provide participants with targeted training on XRPL technology, running from October 13 to November 29.

The XRPL Lending Protocol itself represents a key step in Ripple’s enterprise-focused blockchain strategy, offering pooled lending and underwritten credit natively on the The system is designed to automate the entire loan lifecycle, from issuance to repayment, while connecting borrowers to global liquidity sources and enabling lenders to earn returns on idle assets.

By integrating with existing risk and compliance processes, the protocol aims to improve transparency, efficiency and accessibility in the credit markets.

In a statement, Jasmine Cooper, Head of Product at RippleX, said:

“XRPL is designed to support secure financial applications in the real world, and that is especially important as lending is introduced to the network. This initiative is about ensuring that the proposed Lending Protocol is thoroughly tested and resilient before launch, so that developers and institutions can build with confidence. By partnering with Immunefi, we can work with some of the best security researchers to build this new layer of Help strengthen XRPL’s DeFi infrastructure.”

XRPL sees strong activity in September

September 2025 was a busy month for the XRPL ecosystem with product improvements, compliance milestones, and community growth. As reported by CryptoPotatoSelf-custodial cryptocurrency wallet Joey Wallet simplified onboarding and integrated MoonPay, First Ledger, and XRPCafe, while XRPScan introduced a change voting timeline for transparency in validator decisions. Xaman Wallet 4.2.1 removed the trustline requirements and enabled seamless token transfers and MoonPay Sell integration for full fiat-to-XRP flows.

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On the compliance front, the Credentials Amendment has gone live, enabling decentralized on-chain identity verification for regulated interactions. DeFi and gaming also saw progress. Gamechain went live on testnet via XRPL Commons partnerships, and the XRPL Commons Aquarium Residency welcomed builders from 11 countries.