mXRP Price Chart & Trading Data

mXRP (6D58525000000000000000000000000000000000)

Price: 1.02623973 XRP

24h Change: -0.17%

24h Volume: 6,035.703 XRP

Market Cap: 1,328,188.442 XRP

Holders: 2,106

Trustlines: 2,209

Issuer: rfmS3zqrQrka8wVyhXifEeyTwe8AMz2Yhw

Domain: axelar.foundation

mXRP is a liquid-staking, yield-bearing token created through a partnership between Midas, Axelar, and Interop Labs that allows XRP holders to earn passive income while keeping their assets liquid and usable in DeFi. By depositing XRP into audited smart contracts bridged through Axelar to the XRPL EVM sidechain, users receive mXRP, an ERC-20–style token that automatically accrues yield from diversified strategies such as liquidity provisioning, arbitrage, and market-making. With target annual yields ranging from 6–10% depending on performance, mXRP transforms dormant XRP into a productive asset, enabling holders to deploy it across lending, liquidity pools, and other DeFi applications. Its market-neutral design aims to reduce volatility exposure while still generating steady returns, and yield performance is managed by professional third-party curators like Hyperithm. mXRP also improves composability, offering XRP holders a bridge into broader decentralized finance ecosystems that traditionally lack native XRP yield solutions. However, access is restricted in certain regions including the U.S. and U.K., and risks such as smart contract vulnerabilities, bridge security, and performance variability remain. Overall, mXRP provides XRP investors with a compliant, innovative, and flexible way to activate idle holdings, earn sustainable returns, and participate more fully in the expanding world of DeFi.

Trade mXRP on the XRP Ledger DEX at XRPL.to