XRP Comes to DeFi: FXRP Now Live on Flare Mainnet

The XRP DeFi Era Begins

FXRP v1.2 is now live on the Flare mainnet, unlocking new utility for XRP holders by enabling DeFi participation through Flare’s powerful ecosystem. This milestone represents the official debut of FAssets — Flare’s protocol for bringing non-smart contract assets like XRP into decentralized finance.

With FXRP live, users can mint, swap, and deploy XRP in decentralized applications on Flare, including DEXes, CDPs, and liquidity pools. Welcome to the XRP DeFi awakening.

Investor Takeaway

What Are FAssets and How Do They Work?

FAssets are overcollateralized representations of non-smart contract — that are made compatible with DeFi on EVM chains like Flare. FXRP is a one-to-one representation of XRP, backed by a decentralized system of independent agents and maintained by Flare’s data oracle infrastructure.

These assets:

• Bridge XRP to Flare securely without centralized custody
• Allow composability with DeFi protocols (DEXes, CDPs, staking)
• Are transferable across Flare-native DeFi dApps without workarounds

FAssets mark a fundamental shift for tokens like XRP, BTC, and DOGE, which previously had limited access to decentralized infrastructure due to lack of native smart contract functionality.

Investor Takeaway

How is FXRP Secured?

FXRP’s infrastructure emphasizes rigorous, multilayered security. Key secureguards include:

• Independent Security Audits from Coinspect, Zellic, and others
• Immunefi Bug Bounty program with open participation
• 24/7 Protocol Monitoring by Hypernative
• Code4rena Community Reviews for additional transparency

Security isn’t a one-time audit; it’s an ongoing commitment. The Flare Foundation continues to invest in smart contract security, monitoring, and rapid response systems to ensure resilience against evolving threats. With features like trustless collateral management, decentralized price oracles, and multichain minting, FXRP demands — and receives — institutional-grade defenses.

Investor Takeaway

How to Get FXRP: Minting or Swapping

1. Mint FXRP Directly

Minting FXRP gives users full control from begin to finish. Here’s how:

1. purchase or hold XRP on the XRP Ledger (XRPL).
2. Withdraw to a self-custody wallet that supports both Flare and XRPL (e.g., Ledger, Bifrost).
3. Head to or to mint FXRP.

significant: Minting is capped at 5 million FXRP during week one to ensure a secure rollout, with gradual expansion therelater than.

for technical details or watch the official step-by-step minting guide [insert video link].

2. Swap for FXRP on Flare DEXes

You can also acquire FXRP by trading on decentralized platforms. Supported DEXes include:

• SparkDEX
• BlazeSwap
• Enosys

Steps:

1. purchase any token on Flare (e.g., FLR, USDT₮0)
2. Connect your wallet to the DEX
3. Swap into FXRP via the Swap interface

3. Use Wallet-Based Swaps

Wallets like and also offer built-in swap functionality:

• Luminite supports FAsset minting, redeeming, cross-chain swaps (via Stargate), and direct FXRP integration.
• Oxen Flow is a self-custody wallet for managing FXRP, staking, and bridging — designed for mobile-first onboarding into Flare’s DeFi system.

Investor Takeaway

FXRP Incentives and DeFi Pools at Launch

To bootstrap liquidity and usage, Flare is offering launch incentives in the form of. These will be directed to key DeFi pools that support TVL growth and onchain activity:

• Kinetic FXRP Supply – Target APR: 5%
• Kinetic FXRP/USDT₮0 Isolated Pool – Designed to limit risk and allow borrowing against FXRP
• Liquidity Pools on SparkDEX, Blazeswap, Enosys – Target APR: 50%

These incentives are just the beginning. Flare is laying the groundwork for deep FXRP and stXRP integrations across CDPs, yield markets, and vaults.

Investor Takeaway

FXRP and stXRP: Building the XRPFi Flywheel

As launches stXRP (liquid staked XRP), the XRPFi ecosystem will enter its next phase. Upcoming integrations include:

• Enosys Loans – FXRP as CDP collateral to mint a trustless XRP-backed stablecoin, supported by an rFLR-incentivized stability pool.
• Flare Yield Market (coming soon) – stXRP as a primary deposit asset in yield vaults and PT pools.
• Curated Vaults – Managed yield strategies with FXRP/stXRP.

This deepens utility for XRP holders by enabling staking, borrowing, yield generation, and liquidity provisioning — all without tradeing their core asset.

Investor Takeaway

What’s Next for FXRP and XRPFi?

The launch of FXRP is only the beginning. As DeFi composability grows, XRPFi will gain additional layers through:

• Expanded agent support and minting caps for higher TVL
• Multi-asset collateral support across CDPs and vaults
• New wallets and bridges supporting one-click onboarding
• Cross-chain yield strategies integrating Base, Arbitrum, and Cosmos

As these integrations roll out, XRP holders will gain more ways to participate in DeFi with minimal friction — all while keeping their assets secure, liquid, and under their control.

Investor Takeaway

Conclusion: A New Future for XRP in DeFi

With FXRP live and the FAssets framework operational, Flare is delivering on its promise to bring composable DeFi to XRP — one of crypto’s largest but previously underutilized assets. Users can now borrow, trade, earn, and participate in yield markets without tradeing their XRP.

The combination of FXRP + stXRP + Flare incentives creates a powerful new economic engine: XRPFi. For long-term holders, institutions, and developers alike, this marks a new chapter in XRP’s evolution — from static store of value to fully integrated DeFi collateral.

The XRP DeFi era has arrived. The future of cross-chain finance begins now — and it begins with FXRP.