The XRP Ledger (XRPL) is set to enhance its DeFi functionality with a new draft amendment proposing "AMM Swappable Curves." Filed by core developers Denis Angell and Roman Thpt, the amendment aims to introduce three pluggable curve types—constant product, concentrated liquidity, and StableSwap—to the network's automated market maker (AMM). A fourth curve type, Smart AMM, is planned for future specification. This proposal, still in draft, requires a separate amendment vote for activation. The new curves would allow liquidity providers on XRPL to choose how their pool prices assets, optimizing capital efficiency. Concentrated liquidity, for instance, targets a narrow trading band, enhancing depth per dollar deposited, while StableSwap is designed for assets trading near 1:1, such as stablecoins. This development comes as XRPL continues to build institutional tokenization volume, with over $3 billion in tokenized assets onchain. The amendment process, however, could take months and is not guaranteed to pass. XRP was trading at $1.34 on Tuesday.