The XRP Ledger base fee is set at 10 drops of XRP, which equals 0.00001 XRP — one of the lowest transaction fees among all major blockchain networks. This fee is hardcoded into the protocol as the reference minimum, ensu...
While the XRP Ledger base fee is always 10 drops, the actual transaction cost you need to pay can be higher during periods of network congestion. This is controlled by the load factor, a multiplier applied by each indivi...
The XRP Ledger does not have a fixed governance committee or central authority setting fees. Instead, it uses a decentralised fee voting mechanism where trusted validators express their preferred fee settings, and the ne...
To maintain an active account on the XRP Ledger, every address must hold a minimum amount of XRP that cannot be sent to others — this is called the base reserve. As of December 2024, following a validator vote, the base ...
The FeeSettings ledger entry is a special singleton object stored in every XRP Ledger — there is exactly one per ledger version. It contains the authoritative, network-wide values for the base transaction cost and the re...
The XRP Ledger provides three primary API methods for querying current fee information: fee, server_info, and server_state. Each serves a slightly different use case and returns fee...
One of the most distinctive features of the XRP Ledger is that all transaction fees are permanently destroyed — not paid to validators, miners, or any party. This "burning" mechanism removes XRP from the total supply wit...
Transaction fees vary enormously across major blockchains. The XRP Ledger consistently maintains some of the lowest fees of any major network, largely due to its consensus mechanism design rather than proof-of-work or au...
