Ripple Partners with Immunefi to Enhance XRPL Lending Security

Ripple has announced a partnership with Immunefi to bolster the security of its XRPL Lending Protocol, aiming to establish it as a robust solution for institutional finance.

This collaboration, revealed on October 13, introduces an ‘Attackathon’ aimed at stress-testing the protocol. The event invites top Web3 security experts to pinpoint potential vulnerabilities, competing for a $200,000 prize.

XRPL Targets Institutional Use

As stated in an official release to CryptoPotato, the Attackathon will be accompanied by an Attackathon Academy, providing participants training on XRPL technology from October 13 to November 29.

The XRPL Lending Protocol is a pivotal advancement in Ripple’s blockchain strategy, which offers pooled lending and credit on the XRPL. This system aims to streamline the loan process, ensuring connections between borrowers and global liquidity, while allowing lenders to earn yields on unused assets.

By aligning with established risk and compliance standards, Ripple’s protocol strives to enhance transparency, efficacy, and accessibility within credit markets.

Jasmine Cooper, Head of Product at RippleX, stated:

“XRPL was designed to support secure, real-world financial applications, and that’s especially important as lending is introduced to the network. This initiative is about making sure the proposed Lending Protocol is thoroughly tested and resilient before launch, so developers and institutions can build with confidence. Partnering with Immunefi allows us to work with some of the top security researchers to help strengthen this new layer of XRPL’s DeFi infrastructure.”

Busy Month for XRPL Activity

September 2025 proved to be a busy month for the XRPL ecosystem with significant product enhancements, compliance updates, and community expansion. Notable advancements included a simplified onboarding process for Joey Wallet, alongside integrations with MoonPay and First Ledger. Additionally, the XRPLCommons introduced improvements for enhanced transparency in validator voting processes.

On the compliance front, the Credentials amendment launched, enabling decentralized identity verification for regulated activities. Moreover, initiatives in DeFi and gaming have seen considerable progress with partnerships focusing on innovation.