Exodus and OneKey offer zero platform fees on inbound XRP swaps, enhancing user access to XRP through the OneKey app.
Quiver AI Summary
Exodus Movement, Inc. and Celestial Technology Ltd. have launched a limited-time campaign allowing OneKey app users to exchange supported assets for XRP without incurring platform fees. This initiative utilizes Exodus’ XO Swap cross-chain exchange and aims to enhance user access to XRP while maintaining asset control. JP Richardson, CEO of Exodus, emphasized the goal of facilitating self-custody for users, while Niq Chen from OneKey noted that removing swap fees was an easy decision given community demand for XRP. This campaign follows the recent integration of XRP Ledger support within the Exodus wallet, and it is designed to make trading more accessible and cost-effective for OneKey Wallet users.
Potential Positives
- Exodus Movement, Inc. is collaborating with OneKey to offer a limited-time campaign with zero platform fees on inbound XRP swaps, enhancing customer access to one of the most requested digital assets.
- The promotion aims to increase user engagement by eliminating costs for OneKey users, thereby encouraging more customers to utilize the XO Swap service.
- This campaign builds on Exodus' recent expansion of support for XRP and Ripple USD, indicating a strategic focus on popular assets that drive user activity and trading volume.
- Exodus positions itself as a pioneer in self-custodial finance, further strengthening its commitment to providing users with control over their digital assets.
Potential Negatives
- The announcement of zero platform fees may indicate a struggle to attract users and compete effectively in the market, suggesting potential weaknesses in their value proposition.
- The reliance on promotional campaigns for customer engagement raises concerns about sustainability and user retention outside of limited-time offers.
- Concerns around regulatory risks and operational challenges mentioned in the forward-looking statements may deter potential investors or partners due to the inherent uncertainties involved.
FAQ
What is the zero platform fee campaign about?
The campaign offers zero platform fees on inbound XRP swaps for users of the OneKey app.
Who can participate in the XRP swap promotion?
All OneKey Wallet users can participate in the zero-fee inbound XRP swaps.
What fees are applicable during the XRP swap?
Standard network and gas fees will still apply during the XRP swap, even with zero platform fees.
Why was the zero fee promotion introduced?
The promotion aims to provide better access to XRP while maintaining user control over assets.
How does XO Swap work within the OneKey app?
XO Swap allows users to swap into XRP from any supported asset without platform fees, enhancing self-custody.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EXOD Insider Trading Activity
$EXOD insiders have traded $EXOD stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $EXOD stock by insiders over the last 6 months:
- MARGARET KNIGHT has made 0 purchases and 4 sales selling 540 shares for an estimated $3,518.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$EXOD Revenue
$EXOD had revenues of $22.7M in Q1 2026. This is a decrease of -36.81% from the same period in the prior year.
You can track EXOD financials on Quiver Quantitative's EXOD stock page.
You can access data on EXOD stock through the Quiver Quantitative API.
$EXOD Hedge Fund Activity
We have seen 14 institutional investors add shares of $EXOD stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- GEODE CAPITAL MANAGEMENT, LLC removed 59,283 shares (-43.5%) from their portfolio in Q1 2026, for an estimated $385,339
- UBS GROUP AG added 39,096 shares (+86.1%) to their portfolio in Q1 2026, for an estimated $254,124
- MARSHALL WACE, LLP added 33,551 shares (+inf%) to their portfolio in Q1 2026, for an estimated $218,081
- BANK OF AMERICA CORP /DE/ added 33,281 shares (+17155.2%) to their portfolio in Q1 2026, for an estimated $216,326
- VIDENT ADVISORY, LLC added 23,669 shares (+103.4%) to their portfolio in Q1 2026, for an estimated $153,848
- GOLDMAN SACHS GROUP INC removed 19,568 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $127,192
- ARISTIDES CAPITAL LLC removed 11,100 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $72,150
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$EXOD Price Targets
Multiple analysts have issued price targets for $EXOD recently. We have seen 2 analysts offer price targets for $EXOD in the last 6 months, with a median target of $18.5.
Here are some recent targets:
- Andrew Harte from BTIG set a target price of $16.0 on 05/12/2026
- Mark Palmer from Benchmark set a target price of $21.0 on 03/12/2026
Full Release
OMAHA, Neb., July 07, 2026 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”) and Celestial Technology Ltd. (“OneKey”) today announced a limited-time campaign offering zero platform fees on inbound XRP swaps inside the OneKey app.
During the promotion, OneKey users can swap into XRP from any supported asset through Exodus’ XO Swap cross-chain exchange aggregator with no platform fees. Standard network and gas fees will still apply.
“XO Swap was built to make self-custody work wherever people choose to hold their assets,” said JP Richardson, CEO and Co-Founder of Exodus. “With OneKey, we’re removing platform fees on inbound XRP swaps so more customers can access XRP without giving up control of their assets.”
"XRP is one of the most requested assets in our community,” said Niq Chen, Growth Lead at OneKey. “Partnering with Exodus to bring the swap fee to zero was a straightforward decision. Our holders want access, and now cost doesn’t stand in the way.”
The promotion is available to all OneKey Wallet users through the swap interface inside the OneKey app.
The campaign builds on the April 2026 expansion of native XRP Ledger (XRPL) and Ripple USD (RLUSD) support inside the Exodus wallet. XRP remains among the most actively swapped assets across the Exodus and XO Swap platforms by volume.
About Exodus Movement, Inc.
Founded in 2015, Exodus Movement, Inc. (NYSE American: EXOD) is pioneering self-custodial finance by giving people the tools to earn rewards, spend, manage, and swap digital assets across borders, all without giving up control. Exodus serves millions of consumers through its products built on a simple principle: your money should be yours. Exodus also powers crypto infrastructure for enterprise platforms serving millions of consumers through its enterprise product suite. Headquartered in Omaha, Nebraska, Exodus builds financial software where control is the default. For more information, visit exodus.com.
Investor Contact
[email protected]
Media Contacts
Aubrey Strobel / Elena Nisonoff, Halcyon Communications
[email protected]
About OneKey
Founded in 2019, OneKey is one of the world’s leading open-source app and hardware wallet brands. Its secure mobile app lets users trade crypto, US stocks, gold, crude oil, and more, while its hardware wallets feature advanced secure chips and top-tier security. Completely open source from day one, OneKey safeguards billions in digital assets. All code has passed rigorous audits by SlowMist and Offside Labs and is fully open-sourced on GitHub. Backed by Yzi Labs, Coinbase, and Dragonfly, OneKey is known for its exceptional security and quality.
Media Contacts
Niq Chen
[email protected]
Disclosure Information
Exodus uses the following as means of disclosing material nonpublic information and for complying with disclosure obligations under Regulation FD: websites exodus.com/investors and exodus.com; press releases; public videos, calls, and webcasts; and social media: X (@exodus and JP Richardson’s feed @jprichardson), Facebook, LinkedIn, and YouTube.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the duration and scope of the zero-fee XRP swap campaign on OneKey, future collaboration among Exodus, Ripple, and OneKey, and the continued expansion of XO Swap partnerships. All statements, other than statements of historical facts, may be forward-looking statements. These statements are based on our current expectations and projections about future events and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such statements, including, among others, changes in regulatory requirements or interpretations; technical or operational challenges related to blockchain integrations; product development timelines; the ability to establish, maintain, and perform under relationships with third-party service providers and partners; market conditions; and other risks and uncertainties set forth in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances after the date hereof, except as required by law.
