Introducing $mXRP

A new yield-bearing liquid staked token that kickstarts DeFi on XRPL and unlocks up to 10% APY for $XRP holders.

Powered by @Axelar + @MidasRWA pic.twitter.com/mBupcXaRqm

— Axelar Network (@axelar) September 22, 2025

What is $mXRP?

– A liquid staked, yield-bearing XRP token on XRPL
– Issued by @MidasRWA under EU-approved prospectus
– Delta neutral strategies deployed by trusted asset managers (ie. @hyperithm) that evolve with market conditions to offer strong risk-adjusted XRP yield
– Fully…

— Axelar Network (@axelar) September 22, 2025

Ethereum provided the blueprint.

Liquid staking tokens like stETH transformed ETH into the backbone of DeFi. They powered lending, trading, and new stablecoins, unlocking billions in fresh liquidity.

Today, the LSTs on Ethereum account for >$60B in TVL and many millions per day…

— Axelar Network (@axelar) September 22, 2025