Ask about FAssets
Logo of FAssetsFAssets
Total Value Locked$176.58m

TVL by Chain

XRPL$164.26m

Flare$12.32m

Protocol Information

FAssets is a trustless, over-collateralized bridge protocol on Flare that lets users mint wrapped versions of non-smart contract assets (e.g. XRP, BTC, DOGE) to use in DeFi, backed by on-chain collateral and Flare’s data oracles

Category:Bridge

WebsiteTwitter

Methodology

TVL: Value of USDT0 and WFLR held in Agent's vaults and pools together with XRP tokens locked on XRPL either in core vault or in the escrows.View code on GitHub

Competitors

LayerZero V2 ($7.169b)Coinbase Bridge ($5.818b)Axelar ($133.62m)SoDEX Bridge ($52.9m)Wan Bridge ($23.85m)Wrapped ($19.62m)Orbit Bridge ($15.12m)Allbridge Classic ($1.15m)21.co ($2.23)