XRP news today: XRP Yield Experiment Earns 3.41% APR on Doppler.fi

All Things XRP, a prominent XRP-focused commentator, conducted a personal experiment to determine if it is possible to earn a yield on XRP and, if so, how. The experiment was motivated by the lack of empirical data on XRP staking, as XRP does not support native staking like proof-of-stake networks such as Ethereum. The commentator chose to test the Doppler.fi platform, which operates natively on the XRP Ledger (XRPL) and claims to enable users to earn yield on XRP without the need for wrapped tokens or bridging to other chains.

The commentator conducted independent research over several days and reviewed Doppler’s documentation and audit materials. They also noted Doppler’s partnerships with institutional custody services like Fireblocks and Ceffu (MirrorX), which employ Multi-Party Computation (MPC) for asset security. This gave the commentator added assurance and confidence in proceeding with the test.

To begin the experiment, the commentator used the Xaman wallet, which is compatible with XRPL. The setup included downloading the wallet, creating a new account, securely recording private keys, funding the wallet with XRP, and connecting it to Doppler’s web application. The total setup time was approximately 20 minutes. They deposited 476 XRP into Doppler’s platform to begin the yield experiment.

Doppler’s reward mechanism is based on Doppler Points (DP), which are accrued at 0.01 DP per hour for every dollar worth of XRP deposited. The platform hinted at potential future uses in governance or token rewards, although it made no guarantees. Under the hood, Doppler deploys user-deposited XRP into centralized-DeFi (CeDeFi) strategies focused primarily on arbitrage. Two specific strategies were described: XRP-neutral arbitrage, which seeks to accumulate more XRP by trading across exchanges with varying prices, and spot–perpetual arbitrage, which uses XRP as collateral to open offsetting positions in spot and perpetual markets, depending on funding rates. The latter aims to deliver yield without directional price exposure.

The test, which took 9 days, yielded a gain of 0.3990 XRP, increasing the total balance from 476 to 476.3990 XRP. XRP was priced at $2.21 during the experiment, which amounted to approximately $0.88 in earnings. The annualized return calculated from this was 3.41%, which aligned with Doppler’s stated range of 3–4.5% APR. One operational limitation was the withdrawal process. Withdrawals on Doppler take seven days, due to a batching system that processes exits every 24 hours. Depending on the timing, this could result in a slightly longer wait period than the standard 168 hours.

In their concluding remarks, All Things XRP stated that they would repeat the process, citing trust in the custody setup, the non-speculative nature of the yield strategies, and the fact that the XRP remained on the XRPL. Although the returns were modest, they were verifiable and passive, using XRP that would otherwise be idle. The post ended with a clear disclaimer that the case study was not investment advice, reiterating the personal nature of the test. The results were presented not as a promotion of Doppler or XRP staking, but as a factual report for others in the XRP community who may be exploring similar options.