Ripple Joins Forces with Immunefi to Supercharge XRPL Lending Protocol Security

Ripple just dropped a bombshell partnership that could reshape decentralized lending—and Wall Street bankers are probably sweating into their silk ties.

Bug Bounties Meet Blockchain

Immunefi's white-hat hackers are now officially hunting vulnerabilities in XRPL's lending infrastructure. This isn't just a security upgrade—it's a full-scale assault on weak points before malicious actors can exploit them.

The DeFi Arms Race Heats Up

Traditional finance spends millions on compliance and still gets hacked weekly. Ripple's approach? Pay ethical hackers to break their system first. It's like hiring burglars to test your alarm—brilliantly cynical in a sector where trust is the rarest commodity.

While banks are busy writing memos about risk management, Ripple's actually managing risks. The irony? This partnership might do more for financial security than three decades of regulatory hand-wringing.

XRPL Goes 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 major step in Ripple’s enterprise-focused blockchain strategy, offering pooled lending and underwritten credit natively on the XRPL. The system is designed to automate the full loan lifecycle, from issuance to repayment, while linking borrowers to global liquidity sources and enabling lenders to earn yield on idle assets.

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

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

“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.”

XRPL Sees Strong September Activity

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

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