Ask about Firelight
Logo of FirelightFirelight
Total Value Locked$63.81m

TVL by Chain

Flare$63.81m

Protocol Information

When a user stakes XRP through Firelight, the XRP is locked on the XRPL, and a liquid staking token (LST) is minted on the Flare Network. This LST allows stakers to participate in further DeFi opportunities without losing exposure to their underlying XRP.

Category:Farm

Audits:

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Methodology

TVL: Counts FXRP tokens held in the Firelight vault.View code on GitHub

Frequently Asked Questions

What is Firelight?

When a user stakes XRP through Firelight, the XRP is locked on the XRPL, and a liquid staking token (LST) is minted on the Flare Network. This LST allows stakers to participate in further DeFi opportunities without losing exposure to their underlying XRP.

What is Firelight's TVL?

Firelight currently has $63.81m in total value locked. TVL has decreased 8.9% 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 Farm protocols tracked by DefiLlama, Firelight ranks #4 by TVL. The category holds $743.78m across 223 protocols, and Firelight accounts for 8.6% of that total. Other leading protocols include AFI Protocol, Buzz Farming, and AILayer farm.