Doppler's XRP Vault Cracks $125M — Apparently XRP Holders Also Found the "Yield" Memo 🏦

The Doppler Finance XRP Vault has crossed 90 million XRP in total value locked, a figure now worth more than $125 million at current prices, the project confirmed in an official announcement on X on October 11, 2026. The milestone positions the vault among the largest XRP-denominated yield products operating on the XRP Ledger (XRPL).

The 90M XRP figure does not stand in isolation. Across its XRP and RLUSD vaults combined, Doppler Finance has drawn more than $150 million from over 14,000 depositors, with the XRP Vault offering an approximate 3% APR. The growth runs parallel to a broader surge in RLUSD market capitalization, which hit a fresh all-time high near $2.5 billion.

Doppler Finance has flagged a native XRPL lending product for Q4 2026, pending activation of the XLS-66 amendment. The pending product would allow loans to be issued natively on the ledger, a structural shift from current wrapped-asset workarounds used across XRPL DeFi. The development timeline remains contingent on the XLS-66 vote and activation process.

The combined vault activity reflects accelerated institutional and retail demand for productive deployment of XRP and XRPL-native stablecoins. Doppler Finance sits within that current, alongside other XRPL DeFi venues that have seen TVL expand as RLUSD supply has grown. The $150 million-plus in combined deposits marks a notable step in the on-chain XRP yield market since the vault's launch.

The October 11 confirmation was posted by Doppler Finance to its official X account, with the underlying XRP-denominated TVL figure verifiable on the XRPL. As of the announcement, the vault's depositor base had grown past 14,000 unique wallets, according to the project's own published metrics.