Midas Basis Trading Token (mBASIS) is a liquid yield token tracking the performance of crypto funding rates.
Trade mBASIS on the XRP Ledger DEX at XRPL.to — sub-cent fees, 3-5 second settlement, no sign-up required.
Frequently Asked Questions about mBASIS
What is mBASIS?
mBASIS is a token issued on the XRP Ledger, listed 270 days ago. It has 1 holders and 4 trustlines. This token is verified on XRPL.to. You can trade it on the XRP Ledger DEX with sub-cent fees and 3-5 second settlement.
Where can I buy mBASIS?
You can buy mBASIS directly on the XRP Ledger DEX through XRPL.to. Connect any XRPL wallet (Xaman, Crossmark, Gem Wallet) and swap XRP for mBASIS in one click — no centralized exchange or KYC required. The swap settles in 3-5 seconds.
Is mBASIS verified on XRPL?
Yes — mBASIS is verified on XRPL.to. Verified tokens have been reviewed for legitimacy and are not flagged as scams.
How do I add a trustline for mBASIS?
To hold mBASIS, you need to set a trustline to the issuer (rfmS3zqrQrka8wVyhXifEeyTwe8AMz2Yhw) for the currency code 6D42415349530000000000000000000000000000. Most XRPL wallets do this automatically when you initiate a swap on XRPL.to — no manual setup required. The trustline reserves 0.2 XRP, which is recoverable when you remove the trustline.