Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Flare’s FXRP Debut Opens DeFi Access to XRP, Driving 350% Increase in Liquidity

Flare’s FXRP Debut Opens DeFi Access to XRP, Driving 350% Increase in Liquidity

Bitget-RWA2025/09/25 09:22
By:Coin World

- Flare Network launches FXRP, a non-custodial wrapped XRP for DeFi, marking FAssets' first live deployment. - FXRP enables XRP holders to use tokens in lending/staking, with $7.1M deposited in vaults hours post-launch. - FLR's price surged 350% in trading volume and hit $0.028, driven by high APRs (up to 50%) in FXRP liquidity pools. - FAssets employs Zellic/Coinspect audits and FTSO oracle to secure cross-chain bridging, expanding XRP's DeFi utility beyond payments.

Flare’s FXRP Debut Opens DeFi Access to XRP, Driving 350% Increase in Liquidity image 0

Flare Network has introduced FXRP, a non-custodial wrapped asset version of

, allowing the cryptocurrency to be utilized within decentralized finance (DeFi) platforms. This launch represents the initial live implementation of Flare’s FAssets framework, which transforms tokens without smart contract capabilities, such as XRP, into collateral-backed assets for DeFi use Flare Debuts FXRP, Expanding XRP DeFi Use - Blockchain ... [ 5 ]. Through FXRP, XRP owners can create a one-to-one digital representation of their XRP on Flare, opening up opportunities for lending, staking, and providing liquidity Flare Network launches FAssets with FXRP to bring XRP into DeFi [ 6 ]. The mechanism requires users to lock up XRP as collateral through Flare’s decentralized network of agents, ensuring assets are overcollateralized and verified at the protocol level.

Since FXRP’s debut, activity has surged, with $7.1 million worth of XRP deposited into Flare’s main vaults within a few hours. Those supplying liquidity to FXRP pools are rewarded with rFLR, Flare’s native incentive token, and can earn annual percentage rates (APRs) as high as 50% on pairs like FXRP/USDT Flare Network launches FAssets with FXRP to bring XRP into DeFi [ 6 ]. This has led to a 350% jump in FLR’s trading volume and a 335% increase in derivatives trading, reaching $15.8 million Flare (FLR) Price Surges: Can It Hit a 20% Rally? [ 1 ]. On September 24, FLR’s price climbed to $0.028, its highest point in eight months, reflecting renewed investor interest Flare (FLR) Price Surges: Can It Hit a 20% Rally? [ 1 ].

Flare’s FAssets platform incorporates strong security protocols, including audits by Zellic and Coinspect and continuous monitoring by Hypernative. The system utilizes Flare’s built-in data solutions, such as the Flare Time Series Oracle (FTSO), to provide decentralized and real-time price feeds Flare Debuts FXRP, Expanding XRP DeFi Use - Blockchain ... [ 5 ]. These measures help mitigate risks related to trustless cross-chain bridges and multi-chain asset minting, bolstering trust in FXRP’s reliability.

The introduction of FXRP broadens XRP’s functionality beyond simple payments. By making XRP eligible as collateral and liquidity in DeFi, Flare is expanding the token’s use cases to include yield farming and lending Flare Network launches FAssets with FXRP to bring XRP into DeFi [ 6 ]. Looking ahead, planned integrations like liquid staking with stXRP via Flare’s Firelight initiative are set to further enhance XRP’s utility. Flare also intends to launch wrapped versions of

and , highlighting its ambition to develop a multi-chain DeFi ecosystem Flare Network launches FAssets with FXRP to bring XRP into DeFi [ 6 ].

Industry observers point to FLR’s growing significance in the DeFi sector. Technical signals, such as a bullish crossover between the 20-day and 50-day simple moving averages (SMA) and an increasing RSI, indicate ongoing positive momentum for FLR Flare (FLR) Price Surges: Can It Hit a 20% Rally? [ 1 ]. Nevertheless, the 20-day SMA at $0.023 is seen as a key support level Flare (FLR) Price Surges: Can It Hit a 20% Rally? [ 1 ]. According to CoinMarketCap analysts, FLR’s future performance will depend on continued demand for XRP-based DeFi and effective supply management Flare Launches FXRP to Unlock XRP's DeFi Potential [ 3 ].

Flare’s FXRP project highlights the increasing trend of cross-chain compatibility in DeFi. By connecting established cryptocurrencies with decentralized finance, Flare is meeting the rising need for flexible financial solutions. As XRP holders discover new ways to leverage their assets, Flare is establishing itself as a crucial infrastructure provider in the rapidly evolving DeFi ecosystem.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Renewable Energy Learning: An Unseen Driver of Expansion in 2025

- 2025 wind energy education programs are critical for addressing a 100,000-technician labor gap and advancing green infrastructure. - Institutions like STL USA and NREL integrate AI analytics, blade recycling, and hands-on turbine training to meet industry demands. - Industry partnerships with OEMs and $36M+ in federal funding accelerate workforce development but face policy risks from DOI land-use restrictions. - Global clean energy investment reached $2.1T in 2024, with U.S. renewables accounting for 93

Bitget-RWA2025/12/13 14:04
Renewable Energy Learning: An Unseen Driver of Expansion in 2025

Investing in EdTech and Skills Training to Empower Tomorrow's Workforce

- Global high-growth sectors like AI, renewables, and biotech are reshaping workforce demands, driving rapid STEM education evolution through edtech and vocational training. - AI-powered adaptive learning and immersive VR/AR tools now personalize education, with 36% of 2024 edtech funding directed toward workforce-specific skill development. - Vocational programs and industry partnerships (e.g., U.S. EC4A, EU Green Deal) are closing STEM skills gaps, creating direct pipelines to 16.2M+ clean energy jobs by

Bitget-RWA2025/12/13 13:44
Investing in EdTech and Skills Training to Empower Tomorrow's Workforce

The Rising Influence of EdTech on Career-Focused Investment Prospects

- Global EdTech market grows at 20.5% CAGR to $790B by 2034, driven by STEM/digital skills demand. - STEM workers earn 45% higher wages; 10.4% occupation growth vs 4.0% non-STEM, reshaping labor markets. - 2025 EdTech VC investments show 35% YoY decline, concentrating on AI tools and scalable upskilling platforms. - MENA/South Asia EdTech sees 169% funding growth, addressing equity gaps through global platforms. - AI-driven EdTech and M&A activity (e.g., ETS-Ribbon) highlight sector's shift toward outcome-

Bitget-RWA2025/12/13 13:12

KITE Price Forecast Following Listing: Managing Post-IPO Fluctuations and Institutional Investor Outlook

- Kite Realty Group (KITE) fell 63% post-IPO despite strong retail occupancy and NOI growth, highlighting valuation disconnect between real estate fundamentals and tech IPO expectations. - Institutional sentiment split: COHEN & STEERS boosted holdings by 190% amid industrial pivot, while others divested $18. 3M , reflecting uncertainty over hybrid retail-industrial strategy execution. - Analysts remain divided on $24–$30 price targets, balancing KITE's 7.4% dividend increase and industrial shift against ma

Bitget-RWA2025/12/13 13:12
KITE Price Forecast Following Listing: Managing Post-IPO Fluctuations and Institutional Investor Outlook
© 2025 Bitget