Launch guide

How to launch a token on the XRP Ledger

Everything you need to go from an idea to a tradeable token: what it costs, which settings to pick, how to set up liquidity, and how to get seen. The launch itself takes about five minutes.

1. Plan your token

Decide these before you open the Launch tab. None of them can change once the supply is locked.

Ticker and name

The ticker is what wallets and explorers show, for example STREET. It can be 3 to 20 letters or numbers and can't be XRP. Three-letter tickers are stored as-is; longer ones are stored as a 40-character code, which every major wallet decodes back to your ticker. Search xrpl.to first so you don't launch a duplicate of a well-known name.

Supply

Supply is just a number of units, so it doesn't make your token more or less valuable on its own. 1,000,000,000 (one billion) is the most common choice on the XRP Ledger because prices stay readable. The Launch tab has 1M, 100M, 1B and 10B presets.

Where the supply goes

The full supply is minted to your wallet. From there, you decide how much goes into the starting pool and how much you hold. Write the split down and publish it. A common honest setup: most of the supply in the pool, a small team share, and no hidden wallets.

Logo and details

Use a square PNG, JPG or WebP. Swap Street crops it to a square and saves it at 720×720, which meets Bithomp's 700×700 minimum. Write a one or two sentence description that says what the token is for. Have your X and Telegram handles ready.

2. What it costs

Your wallet also keeps its own 1 XRP base reserve, so make sure you have the amounts above on top of that. The Launch tab adds it all up and shows "You need … · you have …" before you start.

3. Issuer settings explained

Your token is issued by a brand-new account that Swap Street creates in your browser. Its secret key never leaves your device. These settings are applied to that account.

Lock supply forever Recommended

After minting, the issuer is blackholed: its regular key is set to the unusable address rrrrrrrrrrrrrrrrrrrrBZbvji and its master key is disabled. Nobody, including you, can ever mint more. This is the strongest trust signal a new token can have.

No freeze Recommended

Permanently gives up the power to freeze holders' balances. Without it, an issuer can lock any holder's tokens.

Transfer fee Use with care

A percentage (0–50%) charged by the ledger on transfers between holders. The fee is destroyed, not paid to you. It makes every trade more expensive, so most community tokens use 0%.

Tick size Advanced

Rounds order-book prices to 3–15 significant digits. Leave it blank unless you know you need it.

Allow clawback Usually avoid

Lets the issuer take tokens back from holders. It only works with Lock supply and No freeze turned off, and most traders avoid tokens that have it.

Require approval Usually avoid

Holders need the issuer to approve their trustline before they can hold the token. It's meant for regulated or private tokens, not open trading.

Disallow XRP Harmless

Asks wallets not to send XRP to the issuer address, so people don't lose XRP by mistake.

Domain

Leave it blank and the issuer points to swap-street.com, which publishes your logo, name, description and links in its xrp-ledger.toml file. Explorers read that file. If you have your own website, you can enter its domain instead, but then you must host your own /.well-known/xrp-ledger.toml listing the issuer.

4. Launch step by step

1. Open the Launch tab and sign inGo to swap-street.com → Launch and sign in with Xaman. Inside the Xaman app, the Swap Street xApp signs you in automatically.
2. Fill in the formLogo, ticker, name, description, supply, website, X and Telegram. Check the issuer settings, then open Starting liquidity if you want a pool (see the next section).
3. Pay and create the issuerPress Launch and approve in Xaman. The 25 XRP fee and the 1.5 XRP issuer funding go together in one atomic transaction: both happen or neither does.
4. Wait for setupSwap Street waits for the issuer to be active, applies your settings and publishes your logo and details. This takes about 10–30 seconds. Keep the page open.
5. Add the trustlineApprove the trustline in Xaman so your wallet can hold the token.
6. Mint and lockThe full supply is sent to your wallet. If you chose Lock supply, the issuer is blackholed straight after.
7. Create the poolApprove the pool in Xaman. Swap Street checks the ledger and only marks the launch done once the pool exists.
8. You're liveYour token trades on the XRP Ledger straight away through its pool. It appears in Swap Street's Explore tab and on xrpl.to once xrpl.to indexes it. Share the link.

5. Liquidity and starting price

A pool (AMM) holds your token and XRP side by side so anyone can buy or sell instantly. The ratio you put in sets the starting price:

Start price = XRP in pool ÷ tokens in pool

Starting market cap is that price times the total supply. Try it:

How much to put in

More XRP in the pool means smaller price swings per trade, so early buyers aren't punished with huge price impact. A thin pool (a few XRP) moves a lot on every buy. Only put in what you're comfortable leaving there.

Pool trading fee

Every trade through the pool pays this fee to liquidity providers, including you. It can be 0–1%. 0.5% is the Swap Street default; 0.3% is common for busier pairs.

LP tokens

When you create or add to a pool you receive LP tokens: your share of the pool. They show under Your liquidity on the Liquidity tab, where you can add more with the sliders or sell 25%, 50%, 90% or 100%. Swap Street charges 0.20% in XRP on adding and removing liquidity there.

No pool at launch?

You can create one later on the Liquidity tab: pick XRP and your token, enter both amounts, and press Create pool.

6. Get your token seen

Explorers and data sites

• xrpl.to lists XRP Ledger tokens automatically once it indexes them. Swap Street's Explore tab and token pages use xrpl.to data.
• Bithomp: register a public username for your issuer address and submit your project details. Check your token with their TOML checker (see Bithomp's issuer guide).
• XRPScan shows your issuer, holders and supply straight from the ledger. Link to it so people can verify the lock.

Wallets

Your token works in every XRP Ledger wallet once someone adds the trustline. Xaman's curated short list isn't taking new projects until the XRPL Foundation launches its token vetting program (Xaman help).

Community

• Post the Swap Street token link, the issuer address and the XRPScan link in your X bio and pinned post.
• Open a Telegram group before launch so early holders have somewhere to go.
• Announce the exact launch time, the supply split and the pool size. Being upfront beats hype.
• Never DM people asking them to buy, and never promise returns.

7. Trust signals

New tokens are judged fast. These are what experienced XRP Ledger traders check first:

8. Troubleshooting

9. FAQ

10. Go-live checklist

0 of 0 done

• Ticker searched on xrpl.to: no confusing duplicate
• Supply decided and the split written down (pool / team / other)
• Square logo ready (720×720 or larger)
• One or two sentence description written
• X account and Telegram group created
• Xaman wallet with ≈27 XRP + pool XRP + 0.4 XRP
• Lock supply and No freeze turned on
• Pool size and starting price chosen
• Launch time announced
• Token launched and pool created
• Swap Street token link, issuer address and XRPScan link posted
• Bithomp username registered and TOML checked
• Pinned post with supply split and lock proof