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holders can earn up to 8% in rewards on the blockchain through mXRP

2026-10-15 00:23:19
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At a time when cross-chain liquidity is receiving increasing attention, the XRP ledger is being pushed to the forefront. By integrating XRP into cross-chain liquidity flows, investors can enjoy smoother asset interactions, with potential returns of 6%–8% per year. Of course, the actual returns depend on the execution of strategies and market conditions. This step not only expands the applications of XRP but also opens up new opportunities for investors.

● Midas and Interop Labs introduced mXRP at XRPL Seoul 2025. This is the first liquidity staking product tied to the XRP ecosystem.

● This product aims to convert dormant XRP supplies into profitable assets, with an expected return rate of up to 8%.

● This token has been integrated into the XRPL’s EVM ecosystem, allowing users to participate in DeFi protocols and gain more opportunities.

Midas, a project focused on real assets (RWA), along with Interop Labs, have jointly launched mXRP. This product aims to turn dormant XRP supplies into profitable assets, with an expected return rate of up to 8%.

This product was announced during the XRPL Seoul 2025 conference on Monday, and it is described as the first liquidity staking product directly linked to the XRP ecosystem. This product is minted using approved contracts within the XRPL’s EVM. XRP is integrated through a bridge mechanism, and the tokens are packaged within the Midas’ tokenization framework.

However, unlike Ethereum staking, mXRP does not rely on any native protocol mechanisms. Holders can convert XRP into managed token tokens issued by Midas and routed through the Axelar infrastructure. This means that users are exposed to various risks, such as bridging risks, smart contract risks, and counterparty risks. It’s not just a simple staking mechanism on the XRP ledger.

MXRP can be used as a structured tool that can be integrated into existing decentralized finance (DeFi) infrastructures. Potential applications include market making and liquidity provision.

The target net return rate is set between 6% and 8%. Actual results will depend on the performance of the underlying strategies.

“A large amount of XRP has been dormant for many years. mXRP provides users with a transparent mechanism to access on-chain strategies,” said Dennis Dinkelmeyer, co-founder and CEO of Midas. “Given the strong demand from the community and the integration into DeFi, we believe mXRP can play a key role in unlocking new uses for XRP.”

The mXRP tokens are already fully integrated into the XRPL EVM ecosystem. They can be deployed in various DeFi protocols, including lending markets and native integrations, to gain more opportunities.

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