Ask about FAssets · freeProtocol 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
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 GitHubCompetitors
FAssets history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 25, 2025 to Oct 18, 2026.
All-time high TVL: $245.59m on May 15, 2026. All-time low TVL: $5.6m on Sep 25, 2025.
Daily TVL, Sep 19, 2026 to Oct 18, 2026
| Date | TVL |
|---|---|
| Sep 19, 2026 | $214.51m |
| Sep 20, 2026 | $214.96m |
| Sep 21, 2026 | $217.14m |
| Sep 22, 2026 | $232.2m |
| Sep 23, 2026 | $237.88m |
| Sep 24, 2026 | $227.86m |
| Sep 25, 2026 | $234.05m |
| Sep 26, 2026 | $237.24m |
| Sep 27, 2026 | $230.66m |
| Sep 28, 2026 | $229.17m |
| Sep 29, 2026 | $227.71m |
| Sep 30, 2026 | $226.14m |
| Oct 1, 2026 | $226.08m |
| Oct 2, 2026 | $226.3m |
| Oct 3, 2026 | $224.3m |
| Oct 4, 2026 | $224.15m |
| Oct 5, 2026 | $228.98m |
| Oct 6, 2026 | $227.47m |
| Oct 7, 2026 | $225.23m |
| Oct 8, 2026 | $214.61m |
| Oct 9, 2026 | $209.49m |
| Oct 10, 2026 | $211.48m |
| Oct 11, 2026 | $211.52m |
| Oct 12, 2026 | $212.8m |
| Oct 13, 2026 | $202.46m |
| Oct 14, 2026 | $207.08m |
| Oct 15, 2026 | $200.55m |
| Oct 16, 2026 | $201.1m |
| Oct 17, 2026 | $197.4m |
| Oct 18, 2026 | $195.06m |
TVL at each month end, Sep 2025 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2025 | $7m |
| Oct 31, 2025 | $134.55m |
| Nov 30, 2025 | $165.58m |
| Dec 31, 2025 | $173.81m |
| Jan 31, 2026 | $177.45m |
| Feb 28, 2026 | $169.16m |
| Mar 31, 2026 | $202.64m |
| Apr 30, 2026 | $227.63m |
| May 31, 2026 | $223.73m |
| Jun 30, 2026 | $170.52m |
| Jul 31, 2026 | $171.96m |
| Aug 31, 2026 | $210.78m |
| Sep 30, 2026 | $226.14m |
| Oct 18, 2026 (latest) | $195.06m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fassets
Frequently asked questions
What is FAssets' TVL?
As of Oct 18, 2026, FAssets has $195.93m in total value locked. TVL has decreased 0.9% over the past 30 days.
What chains does FAssets operate on?
FAssets operates on 2 chains: XRPL and Flare. XRPL holds the largest share at 94.3%.
How does FAssets' TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, FAssets ranks #21 by TVL. The category holds $57.673b across 157 protocols, and FAssets accounts for 0.3% of that total. Other leading protocols include LayerZero V2, Coinbase Bridge, NEAR Intents, Axelar, SoDEX Bridge, Wrapped, Orbit Bridge, Wan Bridge, Allbridge Classic, and 21.co.