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XRP and RLUSD yield vaults attract $150M without native staking, expanding DeFi options.

Protocol Fundamentals
04 Oct 2026
Coinpaper
View Source
Bullish
XRP and RLUSD yield vaults attract $150M without native staking, expanding DeFi options.

Doppler Finance revealed that its XRP and RLUSD vaults have amassed over $150 million since their launch in February 2025, despite XRP lacking a native staking mechanism. Instead of staking, Doppler employs asset-neutral trading strategies like spot-perpetual basis trades and arbitrage to generate returns paid in the deposited asset. This approach offers XRP holders a new way to earn yield beyond holding or selling. Looking ahead, Doppler plans to expand onchain yield options with XLS-66 lending on XRPL, tokenized Treasuries, and transferable vault receipt tokens, broadening XRP's use in credit, liquidity, and yield across multiple networks.

As of Oct 04, 2026 18:51 WIB, XRP trades on Pluang at Rp26.758 with a 1-day gain of 0.72%. The asset's market cap stands at Rp1.692,08 trillion, supported by a circulating supply of 63.1 billion XRP, which is 64% of the total supply. Despite a majority of Pluang users currently selling XRP (70% sell vs. 30% buy), the typical hold time remains relatively long at 71 days, highlighting steady investor interest in the token.

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