Eight Figures in Eight Weeks: Strobe crosses $10M TVL on XRPL

For years, XRP holders had one big frustration: their XRP was sitting idle. Centralized exchanges offered low yields, and there was no native way to earn yield or borrow on XRPL.

That changed on August 4, 2025 when Strobe Finance went live. Since the launch, Strobe has become the home for XRP holders to earn low-risk, native yield — and we’ve just crossed a major milestone: more than $10 million worth of assets supplied on the protocol.

That’s eight figures in eight weeks. Powered entirely by the XRPL community.

Why this milestone matters

• Idle XRP is waking up

Going from zero to $10M in just eight weeks, completely organically, shows that XRP holders are ready for something new: a safe, simple way to earn without giving up control.

• Real yields you can see on-chain

On Strobe, yield comes directly from borrowers paying interest. Since Midas’ yield-bearing mXRP launched, suppliers have earned 3.5% — 16% on XRP, depending on demand. That’s often higher than both custodial and non-custodial alternatives available, and unlike emissions or “bonus points” elsewhere, it is interest paid by real borrowers, peer-to-peer.

• Non-custodial from day one

Loans are always overcollateralized. There are no lockups or withdrawal delays. That’s why high yields on Strobe don’t mean higher risk — they just reflect higher utilization.

• Community Proof

In just eight weeks, 3,200+ users have already trusted Strobe. It’s the clearest sign yet that DeFi built for XRP holders, or as we call it, XRPFi, is only getting started.

By the numbers

This milestone isn’t just a headline, it’s backed by real usage and real people:

• $10.7M+ Total Value Locked in 8 weeks since launch
• 3,200+ unique users have interacted with Strobe
• 1,500+ Monthly Active Users
• 4,887 Total Number of Transactions
• 515,636 mXRP ($1,399,438) Largest Single Deposit — proof that Strobe works for everyone, from smaller retail holders to larger players.
• 343,296 XRP ($930,366) Largest Single Borrow
• Top 4 XRPL wallets integrated: Xaman, Girin, Bifrost, Joey, and more to come

How yield is generated

Here’s the easy way to think about it:

• You deposit your XRP (or other supported assets) into Strobe.
• Other users can borrow those assets, but only if they first deposit more value as collateral than they take out — this way, your funds stay protected.
• Borrowers pay interest on their loans to depositors.
• That interest goes back to you as yield on your deposit.

The more demand there is to borrow, the higher the yield for depositors. High yields on Strobe DO NOT mean more risk; it just means a higher utilization of that pool. When borrow demand slows down, the yield comes down. It’s as simple as that, no hidden tricks, only supply and demand.

Security first, always

We’ve said it before, and we will continue to repeat: nothing matters more than keeping XRP holders’ funds safe at all times.

• Audited by experts: Strobe has been reviewed by industry-leading auditors Hacken and Softstack, and we also ran through Hacken’s Dual Defence program, where white-hat hackers tested our contracts for a full month.
• Designed for safety: Every loan is overcollateralized, assets are siloed into separate markets, and our system constantly monitors each user’s “health factor” to make sure positions stay safe.
• Controlled growth: To reach this milestone, we raised supply limits step by step, making sure demand never outpaced the protocol’s ability to stay healthy.

Security isn’t a feature at Strobe; it’s the foundation.

To dive deeper, check out our two-part blog series: Security First — Part 1: Code and Contracts and Part 2: Secure by Design.

Simple and transparent

Getting started on Strobe takes minutes:

1. Connect your XRPL wallet (Xaman, Girin, Bifrost, or Joey).
2. Choose the amount of XRP (or other supported asset) you want to supply (deposit).
3. Confirm and sign the transaction.

That’s it, your funds start earning immediately, and you can withdraw them at any time, subject to available liquidity. Everything is visible on-chain, so you always know where your assets are and what they’re earning.

Building the liquidity layer for XRPL

Every blockchain DeFi ecosystem starts with the same foundation: a money market. It’s the piece of infrastructure that users and projects plug into to borrow, lend, and build.

That’s the role Strobe is playing for XRPL. For XRP holders, it means a native home for low-risk yield and liquidity.

Already, our partnership with Midas doubled XRP deposits within days as more projects and assets integrate with Strobe, the benefits for XRP holders and the XRPL ecosystem as a whole compound.

We’re building the liquidity layer for XRPL and the home for XRP holders to earn low-risk, native yield.

Looking ahead

• More integrations. Strobe is already working with Ripple, Axelar, Peersyst, Midas, Anodos, Squid Router, Band Protocol, and we’re just getting started. More partnerships are in the pipeline to strengthen and expand the network effect.
• Vault Strategies. Coming down the line to Strobe: decentralized vaults that maximize your returns through automated strategies. With a single deposit, you’ll be able to put your assets to work and let Strobe’s vaults do the heavy lifting.
• Education. We’ll keep explaining yield, risk, and DeFi strategies in simple terms so every XRP holder can feel safe and confident participating.

XRPL DeFi is still small compared to XRP’s $170B+ market cap. Even a small shift of idle XRP into productive use would be transformative. Our mission is to make that shift safe, simple, and rewarding.

Thank you

To our partners and the 3,200+ XRP holders who have already tried Strobe, thank you. You’re the reason we’ve been able to hit eight figures in eight weeks. We’re just getting started, and we’ll keep looking for ways to reward our earliest supporters along the way.

Experience native #XRPFi: app.strobe.finance