Firelight stXRP

General information for everyone, not personal advice. We are never paid by the products we grade and take no commission on deposits. A risk grade is not a credit rating or a recommendation.

• -10 A smart contract holds the money. You keep your own wallet keys, but a bug in the code could lose funds.
• -10 Your XRP becomes FXRP on Flare through FAssets. FXRP is only as good as the agents and collateral behind it.
• -8 Under a year old (launched 10 months ago).

The facts

Rate

0.09% a year (realized since launch (stXRP share price); switches to the last 30 days once we have that history)

Size

$55.7M

Lockup

No fixed lock; withdrawals wait for the current cover period to end.

Getting your money out

Request a withdrawal; it is paid after the current coverage period ends (about 1–2 days with today's one-day periods; longer if 30-day periods are introduced).

Who holds the keys

Smart contract: A smart contract on Flare (you keep your wallet keys); the contract can be upgraded by its admin

Chain

Flare

Bridge

FAssets (XRP → FXRP on Flare)

Age

Since Dec 2, 2025

Audits

2 report 1

Data source

stXRP contract on Flare (read directly) · read Oct 16, 17:55 UTC

• You first turn XRP into FXRP on Flare (FAssets), then deposit FXRP and receive stXRP.
• Yield comes from selling DeFi cover. If a covered protocol has a valid claim, depositors can get back less than they put in.
• Firelight Points may be paid on top; they are not counted in the rate.

Product site: firelight.finance (no referral code; we earn nothing if you use it)

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