Monarq, Flare and Upshift Launch XRP Yield Vault Targeting 3% to 4% APY
Key highlights:Monarq, Flare and Upshift launched MXRPY, a managed XRP yield vault targeting approximately 3% to 4% APY.The vault uses FXRP on Flare and allocates capital across options, arbitrage, and onchain XRPFi strategies.MXRPY starts with a 500,000 FXRP deposit cap and weekly redemptions through Upshifts vault infrastructure. MXRPY brings managed yield strategies to XRP holders Monarq, Flare and Upshift have launched MXRPY, a managed multi-strategy XRP yield vault designed to give holders exposure to several return sources through one product. The vault is built on Flare and uses FXRP, the representation of XRP within the Flare ecosystem. The launch comes as XRP-focused DeFi continues to grow beyond simple lending and liquidity pools. As CoinCodex has previously covered in its XRP DeFi guide, native does not generate staking yield in the same way as proof-of-stake assets, which has pushed developers toward wrapped assets, AMMs, lending markets, and other DeFi structures. MXRPY is powered by Monarq Asset Management and runs on Upshifts institutional vault infrastructure. According to the companies, the vault currently targets roughly 3% to 4% APY, although realized returns will depend on market conditions, execution, and how capital is deployed over time. The vault begins with an initial 500,000 FXRP deposit cap. Users who deposit