Put your XRP to work in DEFI ON FLARE: Non-custodial, secure, on-chain.
Joined February 2019
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Flare ☀️ retweeted
XRP on Flare now works across:
1. Hex Trust custody, where clients mint FXRP
2. Ledger, moving XRP into Flare vaults with one XRPL signature
3. Hyperliquid, for XRP spot trading via FXRP
4. Derive, for XRP options and perps with FXRP as collateral
@FlareNetworks
Flare ☀️ retweeted
One less thing to worry about when building DeFi on Flare: price oracles.
FTSOv2 provides decentralized price feeds that update with every block (~1.8 seconds), with no additional oracle fee for onchain reads.
Available directly from your smart contracts.
Learn how to integrate them:
dev.flare.network/ftso/guide…
Flare ☀️ retweeted
We're shipping something big for yield trading on @FlareNetworks. Next week.
Flare ☀️ retweeted
Lido Earn’s Vaults Add Onchain Cover From Firelight teapawt.net/i/broadcasts/2MEXNEmAV…
Flare ☀️ retweeted
And if you’re using AI agents to build on Flare, make sure they know what they’re working with.
Flare AI Skills gives agents like Claude Code, Cursor and Codex the context they need to work with FTSO, FDC, FAssets, Smart Accounts and more.
Use the skills and let your agent help you build.
github.com/flare-foundation/…
The best way to understand what Flare makes possible is to start building with it. 🛠️
Our Developer Hub includes practical, step-by-step guides covering everything from deploying your first smart contract to integrating Flare's core protocols.
Explore the guides:
• FTSOv2, decentralized price feeds:
dev.flare.network/ftso/guide…
• FDC, external data attestations:
dev.flare.network/fdc/guides
• FAssets, minting and redeeming FXRP:
dev.flare.network/fassets/de…
• FCC, confidential compute extensions:
dev.flare.network/fcc/guides
Pick a guide, experiment on testnet, and start building!
Flare ☀️ retweeted
Firelight brings a first layer of protection on @LidoFinance’s EarnETH and EarnUSD, ahead of Lido DAO’s own protection.
It absorbs eligible losses of up to 5.7% of EarnETH’s TVL and 8% of EarnUSD’s this period.
Join our livestream with Lido at 14:30 UTC today to learn more.
LIDO ADDS FIRELIGHT LOSS PROTECTION AHEAD OF DAO BUFFER
@LidoFinance’s EarnETH and EarnUSD vaults have initial 30-day limits of about $12.1M and $4M. Payouts depend on available collateral and can be zero.
Read more here:
thedefiant.io/news/defi/lido…
Flare ☀️ retweeted
Several six-figure trades on the stXRP pool over the past few days
Volume is picking up
Record volumes on the stXRP November market on Spectra.
A month ago, @Firelightfi launched its cover protocol, and premiums paid by its customers now flow into stXRP as an onchain rate.
That rate shows up across Spectra's stXRP markets as the purple line below. Its step pattern follows the rhythm of premium tranches arriving in the stXRP vault.
Yield Tokens (YT) capture the yield stXRP generates. Principal Tokens (PT) give holders a predictable outcome through a fixed rate on stXRP. With a live onchain rate to price against, trading on both sides of the market is picking up, with 30-day volume up 83%.
Trading activity shows up in the green line: the market's implied APY. Each PT purchase pushes it down, and each YT purchase pushes it up.
Spectra assets such as PT-stXRP are increasingly becoming building blocks for XRP-denominated products, used by curators and operators across DeFi.
XRP yield trading is taking shape on Spectra, and it's moving fast. Next up, the industry's first order book for XRP yield is coming to Spectra on @FlareNetworks this month.
stXRP markets on Spectra ↓
Fixed rates (PT):
app.spectra.finance/fixed-ra…
Yield trading (YT):
app.spectra.finance/trade-yi…
Pools:
app.spectra.finance/pools?se…
Flare ☀️ retweeted
Lido launches token swaps on Ethereum, Arbitrum and Base, powered by CoW Swap, with added Chainlink price protection for larger trades.
@LidoFinance
Flare ☀️ retweeted
XRPFi is a product.
It is one of many products that are being built on Flare’s data.
The separation is:
Flare is the network for data.
Data powers the products.
As I’ve said before - everything is data.
Flare is the Connect Everything network.
Flare ☀️ retweeted
Loss protection is increasingly built into DeFi vaults that manage digital assets. Today, Lido Earn extends its own: Firelight can absorb eligible losses first, then remaining loss can be absorbed by the Lido DAO’s loss protection mechanism.
Lido Earn: Depositors Protection Extended 🛡️
EarnETH and EarnUSD now have two layers of loss protection: @Firelightfi first, followed by the Lido DAO’s loss protection.
No action needed from depositors: protection applies at the vault level.
Here’s how it works:
Flare ☀️ retweeted
Sentora curated the vaults.
Kraken is the distributor.
Firelight brings in the cover.
Backed by XRP and FAssets.
Secured by Flare data.
This quoted post is unavailable.
Flare ☀️ retweeted
Flare's data infrastructure enables applications and economic activity far beyond its own network.
The Flare Data Connector verifies XRP transactions on the XRPL, enabling FAssets to mint FXRP on @FlareNetworks.
That FXRP can then be staked in Firelight to provide capital backing DeFi cover.
Now that capital is helping protect @LidoFinance Earn users on Ethereum.
Flare ☀️ retweeted
Lido Earn: Depositors Protection Extended 🛡️
EarnETH and EarnUSD now have two layers of loss protection: @Firelightfi first, followed by the Lido DAO’s loss protection.
No action needed from depositors: protection applies at the vault level.
Here’s how it works:
Flare ☀️ retweeted
Firelight is bringing onchain cover to @LidoFinance Earn, protecting Lido's EarnETH and EarnUSD vaults against onchain risks.
Terms and capacity are onchain and are reassessed every 30 days against each vault’s risk.
→ app.firelight.finance/
Flare ☀️ retweeted
Record volumes on the stXRP November market on Spectra.
A month ago, @Firelightfi launched its cover protocol, and premiums paid by its customers now flow into stXRP as an onchain rate.
That rate shows up across Spectra's stXRP markets as the purple line below. Its step pattern follows the rhythm of premium tranches arriving in the stXRP vault.
Yield Tokens (YT) capture the yield stXRP generates. Principal Tokens (PT) give holders a predictable outcome through a fixed rate on stXRP. With a live onchain rate to price against, trading on both sides of the market is picking up, with 30-day volume up 83%.
Trading activity shows up in the green line: the market's implied APY. Each PT purchase pushes it down, and each YT purchase pushes it up.
Spectra assets such as PT-stXRP are increasingly becoming building blocks for XRP-denominated products, used by curators and operators across DeFi.
XRP yield trading is taking shape on Spectra, and it's moving fast. Next up, the industry's first order book for XRP yield is coming to Spectra on @FlareNetworks this month.
stXRP markets on Spectra ↓
Fixed rates (PT):
app.spectra.finance/fixed-ra…
Yield trading (YT):
app.spectra.finance/trade-yi…
Pools:
app.spectra.finance/pools?se…
Flare ☀️ retweeted
As tokenized assets, onchain lending and autonomous agents evolve, more financial decisions depend on information that lives outside the blockchain.
Smart contracts need reliable ways to access that information and verify its integrity before acting on it.
Flare provides several primitives for this:
• FTSOv2 delivers decentralized market prices with block-latency updates.
• FDC verifies transactions and events on external blockchains.
• Flare Confidential Compute, currently deployed on Songbird, enables verifiable results from computations involving private data.
These capabilities allow developers to incorporate external information directly into application logic, from collateral management and cross-chain payments to automated financial operations.
As applications become more autonomous and interconnected, how they obtain and verify information becomes an increasingly important part of their security.
Explore the Flare developer ecosystem:
dev.flare.network/
Flare ☀️ retweeted
$FLR's $XRP Ledger validator joins the
Foundation's recommended list.
Tomorrow's agenda covers list purpose,
validator roles and amendment voting.
An outside validator recommendation
beats a project's own promotion.
Votes put validator status in context.
What would you ask @0xQuantic and @Vet_X0 about Flare's XRPL validator?
Reply with your questions and we'll bring the best ones to tomorrow’s Space ✍️
Flare ☀️ retweeted
Meanwhile, the stXRP pool on Spectra is currently offering over 5% yield 👀
Circling back to this almost a year later.
FXRP went live in September 2025.
Today 145M+ FXRP is outstanding, most of it working in DeFi rather than sitting idle.
Here is what got built around it:
Cover and staking
- @Firelightfi: staked FXRP (stXRP) backs around $38M of cover across @krakenfx and @SentoraHQ vaults
- @upshift_fi operators can switch on Firelight cover for any vault
Vaults and yield
- earnXRP, curated by @ClearstarLabs on Upshift
- Fixed rates and yield trading on stXRP via @spectra_finance
Credit
- Over $8M RLUSD borrowed against FXRP on @Morpho, ~95% utilized
- @Kinetic_Markets lending, @enosys_global CDP, and even fixed-term loans on @lodestar_flr
Derivatives
- XRP options and perps with FXRP as collateral on @DeriveXYZ
- Perps, swaps and LPs on @SparkDexAI
Access and reach
- Flare Smart Accounts: one XRPL signature mints FXRP and deploys it, already built into @XamanWallet
- FXRP on Ethereum, Base, BNB Chain, Monad, Katana and Hyperliquid via @LayerZero_Core
And there is more, but it's clear that XRP is now collateral, cover, yield and margin across EVM DeFi.
Flare ☀️ retweeted
Firelight’s integration with @krakenfx Protected Strategies USDC on Kraken Earn brings built-in protection to one of the largest onchain earn programmes in the industry.
Cover is backed by a shared pool of staked capital that supports the protocol’s full coverage portfolio. 🧵
Have you tried a vault on Kraken yet?
Protected Strategies is a USDC vault for earning rewards. Your balance may be eligible for coverage up to $100K per depositor, subject to Firelight's terms.
Explore the vault →
app.kraken.com/JDNW/CashVaul…
