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Firelight

Total Value Locked$51.2m

TVL by Chain

Flare$51.2m

Key Metrics

Total Raised$8m

Sep 1, 2026$8mRound: SeedInvestors: gumi Crypto Capital, Maven 11, Metalayer Ventures, Tribe Capital, Joint Effects

Protocol Information

Firelight is an onchain DeFi cover protocol on Flare. Staked FXRP backs coverage against defined protocol failures, with incidents validated by an independent Risk Consortium and staked capital subject to slashing to fund payouts.

Category:Insurance

Audits:

Firelight history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 9, 2025 to Nov 13, 2026.

All-time high TVL: $90.77m on May 15, 2026. All-time low TVL: $29.86m on Feb 6, 2026.

Daily TVL, Oct 15, 2026 to Nov 13, 2026

DateTVL
Oct 15, 2026$67.71m
Oct 16, 2026$68.2m
Oct 17, 2026$67.05m
Oct 18, 2026$66.47m
Oct 19, 2026$67.07m
Oct 20, 2026$66.61m
Oct 21, 2026$68.66m
Oct 22, 2026$70.19m
Oct 23, 2026$67.25m
Oct 24, 2026$66.61m
Oct 25, 2026$67.16m
Oct 26, 2026$66.99m
Oct 27, 2026$67.27m
Oct 28, 2026$68.75m
Oct 29, 2026$68.21m
Oct 30, 2026$63.3m
Oct 31, 2026$65.1m
Nov 1, 2026$64.91m
Nov 2, 2026$64.47m
Nov 3, 2026$64.81m
Nov 4, 2026$65.32m
Nov 5, 2026$67.84m
Nov 6, 2026$61.4m
Nov 7, 2026$59.97m
Nov 8, 2026$59.13m
Nov 9, 2026$57m
Nov 10, 2026$55.95m
Nov 11, 2026$53.77m
Nov 12, 2026$53.69m
Nov 13, 2026$52.98m

TVL at each month end, Dec 2025 to Nov 2026

DateTVL
Dec 31, 2025$46.96m
Jan 31, 2026$43.98m
Feb 28, 2026$34.04m
Mar 31, 2026$73.01m
Apr 30, 2026$82.75m
May 31, 2026$80.52m
Jun 30, 2026$63.43m
Jul 31, 2026$64.38m
Aug 31, 2026$73.92m
Sep 30, 2026$75.65m
Oct 31, 2026$65.1m
Nov 13, 2026 (latest)$52.98m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/firelight

Frequently asked questions

What is Firelight's TVL?

As of Nov 13, 2026, Firelight has $51.2m in total value locked. TVL has decreased 26.6% over the past 30 days.

What chains does Firelight operate on?

Firelight operates on Flare. Flare holds the largest share at 100%.

How does Firelight's TVL compare to similar protocols?

Among Insurance protocols tracked by DefiLlama, Firelight ranks #2 by TVL. The category holds $144.41m across 33 protocols, and Firelight accounts for 35.5% of that total. Similar protocols include Nexus Mutual Insurance, Easedefi.org, Unslashed, Ensuro, Cozy Earn, Cover Protocol, iTrust Finance, Ante Finance, Sherlock, and USD8.