Spectra V2 STXRP (For PT on Firelight)

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• -10 A smart contract holds the money. You keep your own wallet keys, but a bug in the code could lose funds.
• -5 2 smart-contract protocols are stacked here; a problem in any one of them affects you.
• -10 Your XRP becomes FXRP on Flare through FAssets. FXRP is only as good as the agents and collateral behind it.
• -8 About $3.5M in it — still small enough that a few large holders can move it.
• -10 No public security audit we can link to.
• -5 Fixed term until 2026-11-26; leaving early means selling at the market price.

The facts

Rate

0.85% a year (current yearly rate as reported by DefiLlama (it changes every day))

Size

$3.5M

Lockup

Fixed term to 2026-11-26.

Getting your money out

Locked until 2026-11-26; before that you can only sell your position at the market price.

Who holds the keys

Smart contract: A smart contract on Flare (you keep your wallet keys)

Chain

Flare

Bridge

FAssets (XRP → FXRP on Flare)

Age

Since Jun 5, 2024

Audits

None we can link to

Data source

DefiLlama yields API · read Oct 16, 17:55 UTC

• Age is when DefiLlama started tracking the protocol or this pool, whichever is earlier: a close stand-in for its launch.
• Needs FXRP: XRP turned into a Flare token through FAssets.

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

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