Rocks D. Xebec is known to be one of the most powerful pirates to have ever existed in the world of One Piece. First mentioned in One Piece chapter 957, Xebec established his own era around 40 years ago and met his end on God Valley 38 years ago.
Xebec's strength was absolutely monstrous, such that some of the biggest names in the world of One Piece followed him. However, Xebec was certainly not the strongest character in One Piece, and there are many other pirates who came after him who went on to surpass him in one way or another. Xebec's legacy is still immaculate, but his strength has since been surpassed, as was confirmed in the Elbaf arc.
Luffy is strong, but he has yet to surpass these Rocks era legends in One Piece.
Loki's time as a pirate was very short. 14 years ago, after killing Harald, Loki set out to sea with a small crew of his own in an attempt to find Nerona Imu and kill him. Naturally, Loki failed at doing this and was not even able to get remotely close to Marijoa without a proper navigator, but his strength was immaculate.
Loki wields the power of Ryu Ryu no Mi, Model: Nidhoggr, making him the God of War of Elbaf. At the same time, he also has Ragnir at his disposal, and these two powerful entities put together make Loki far stronger than Rocks. Loki fought against a buffed version of King Harald, who was far stronger than Rocks D.
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