Midas and Interop Labs Launch mXRP Staking with Up to 8% Returns

Midas and Interop Labs launched mXRP, a product to channel dormant XRP supply into yield-bearing structures with potential returns up to 8%.
mXRP, presented at XRPL Seoul 2025, is the first liquid-staking product linked directly to the XRP ecosystem, minted on XRPL’s EVM through audited contracts.
XRP is bridged and wrapped under Midas’ tokenized certificate framework for use in DeFi infrastructure like market-making and liquidity provisioning.
Targeted net returns range from 6% to 8%, varying based on strategy performance.
Dennis Dinkelmeyer, co-founder and CEO of Midas, highlighted mXRP's role in providing access to on-chain strategies and unlocking new use cases for XRP.
The mXRP token is fully integrated within the XRPL EVM ecosystem, enabling deployment across DeFi protocols such as lending markets.