Martini Market has opened its $MRT token presale as the first, on-chain, decentralized prediction market on the XRPL, and is making waves. Ripple investors are understandably getting very excited about this exciting new opportunity. The $MRT presale just started on June 19th, 2025 @ 3PM UTC. It took off like a rocket, hitting more than 40% of its 50,000 XRP softcap in the first 24 hours! This increase clearly demonstrates the budding excitement around new DeFi use cases in the overall XRPL ecosystem.
Martini Market brings a new and valuable use case to XRPL, enabling users to engage in peer-to-peer decentralized prediction markets. This increasing utility and demand is reflected in the value of the $MRT token. It continues to flourish further as XRPL adds more stablecoins and oracles, amplifying its DeFi potential.
The $MRT presale sets aside 4,000,000 $MRT tokens, which is 40% of the total supply of 10 million $MRT. During the presale, the exchange rate is fixed at 16 $MRT per XRP. The expected listing price of $MRT will be 11 MRT per XRP, which is a 30% premium on Magnetic X. The presale is 30 days long. It has a soft cap of 50,000 XRP and hard cap of 250,000 XRP. Participants of the presale event will return at the end of the presale event to receive their $MRT tokens. These tokens will go straight to their wallets through an airdrop.
Martini Market offers great token utility potential for $MRT holders! In addition, anyone can create individualized markets, and earn additional platform profits/fees through them. Furthermore, they can engage in governance decisions and stake their tokens to help improve liquidity on the platform. This inclusive, multidimensional strategy is designed to build a dynamic, passionate community of makers, innovators and entrepreneurs to support the Martini Market ecosystem.
XRPL is rapidly clearing ground and laying concrete for its DeFi highway with notable developments including .Regulatory authorities welcomed RLUSD with open arms across Dubai. We implemented USDC natively on XRPL and look forward to seeing an EVM sidechain launch, increasing the toolsets available for developers.These technological developments make a prime environment for Martini Market to thrive. Consequently, other DeFi applications will be able to flourish on the XRPL network.
With Martini Market’s launch, a new direction is added to the XRPL’s DeFi scene. More than 40% of the $MRT presale softcap sold out in just a few days! This is an indicator of the explosive demand and investor confidence in the platform’s potential. This initial success provides clear indication that an exciting future awaits Martini Market and its role in the growing XRPL ecosystem.
