<p>The billions of IoT devices in our home, healthcare, and industry rely on cryptographic keys for security. Constrained by computing and power resources, their keys are often pre-shared and rarely updated, creating a major vulnerability. The physical-layer wireless key generation can efficiently update keys but requires fluctuating wireless channel conditions, which, however, are scarce in static deployments. Here we show a novel wireless key generation that produces secure keys for static IoT without hardware assistance or secret exchange. We propose a randomness that is composed of received signal strengths and locally selected transmit power levels; the latter are independently selected at both communication pairs and are never exchanged, resulting in distinctive received signal strengths to ensure secrecy. We propose quantization and entropy balancing to boost generation efficiency and consistency. Experiments on an IoT testbed across multiple static scenarios achieve a fast key generation rate of 9.47 bits per second and a low key disagreement rate of 0.05, while defending against eavesdropping attacks.</p>