XRP Liquid Staking: Earn Up to 8% APY with New mXRP Token on XRPL

Midas and Interop Labs have launched mXRP, a groundbreaking liquid staking token enabling XRP holders to earn yields up to 8%. Announced at XRPL Seoul 2025, this innovative product represents the first native liquid staking solution within the XRP ecosystem. Minted through audited smart contracts on XRPL's EVM, mXRP utilizes Midas' tokenized certificate framework to bridge and wrap XRP tokens. The token serves as a structured DeFi vehicle compatible with existing decentralized finance infrastructure, supporting strategies like market-making and liquidity provisioning. Target returns range between 6-8%, varying based on strategy performance. Midas CEO Dennis Dinkelmeyer emphasized that mXRP provides transparent access to on-chain yield strategies for XRP's previously dormant supply, potentially unlocking new utility for the cryptocurrency. The token launches with full XRPL EVM integration and DeFi protocol compatibility.