As of January 30 2026, the FlareDrop program will have officially concluded, completing the 36-month distribution schedule established under FIP.01. FlareDrops were not merely a distribution event; they were a governance-defined mechanism to widen network ownership, incentivize active participation, and increase holder independence from centralized custodians.

With that mandate nearing completion, Flare is transitioning from a distribution phase into steady-state network operation.

Vision: Flare as a full-stack data and interoperability network

Over the last three years, Flare has evolved from being a basic blockchain into a full-stack data and interoperability network ready for the era of RWAs and broad asset tokenization. The network combines a trust-minimized bridging system (FAssets), decentralized price feeds (FTSO), and decentralized verification of external events and web data (FDC). Looking ahead, Flare is exploring verifiable offchain compute using Trusted Execution Environments (TEEs) to support data and institutionally focused privacy-centric applications.

Under FIP.01, FlareDrops were designed to reward active participation. By wrapping and delegating FLR (WFLR) or staking FLR, participants contributed directly to securing Flare’s data protocols and supporting ongoing operations, with the 36-month FlareDrops distribution schedule designed to incentivize that behavior at scale.

What follows is a snapshot of Flare’s current economic maturity and the system behaviors now in effect.

Flare network in economic maturity

On-chain metrics consistently demonstrate that Flare has reached meaningful operational scale:

• Broad Adoption: The network now supports ~860K active addresses and processes roughly 500K daily transactions.
• High-Impact Liquidity: Total Value Locked (TVL) has surged to ~$200M with a stablecoin market cap exceeding $110M, supported by over 150 strategic partners, including LayerZero, USDT0, Sentora, Figment, and Ankr.
• The Home of XRPFi: 90M+ FXRP has been minted, with a staggering ~80% of FXRP allocated to DeFi protocols like SparkDex, Kinetic, and Enosys. Flare has emerged as a primary hub for XRP utility.
• Institutional-Grade Primitives: Protocols such as Firelight (XRP staking and DeFi cover) and Upshift (Actively Managed Vault), Flare expands the onchain toolkit for programmable XRP-focused applications.

FLR Utility Flywheel

With the incentivized distribution phase nearing completion, there are no further scheduled programmatic FLR distributions; ongoing FLR issuance and supply changes now follow only protocol-defined inflation and fee mechanics, subject to governance approval.

• Supply clarity: Following the final FlareDrop and accounting for unclaimed distributions, escrow releases, and recent burns, the circulating FLR supply is estimated to be approximately 85 billion. This represents the portion of FLR currently liquid and held by the community.
  For context, the total FLR supply is approximately 105 billion, adjusting downward over time through burns and upward only through protocol-defined inflation. FlareDrops, rFLR, or escrowed funds do not increase total supply, as these allocations were part of the initial genesis issuance.
• Bounded issuance under FIP.01: Under FIP.01, FLR issuance follows a fixed schedule approved through governance. As of 2026, the network is in the final phase of that schedule, where inflation is capped.
• New FLR issuance is limited to a maximum of 5 billion per year and is calculated only on FLR that has already been distributed, not on the total supply. The higher issuance rates used during the first two years of the network were designed for early bootstrapping and have now concluded. Because the annual issuance amount is capped, inflation rate is ever decreasing and will approach zero over time. This means that, going forward, FLR issuance is predictable, bounded in size, and governed entirely by the protocol.
• Usage-linked FLR consumption: Flare’s protocols, such as Smart Accounts and FAssets (including FXRP and upcoming assets such as FBTC), rely on Flare’s enshrined oracles — the Flare Time Series Oracle (FTSO) and the Flare Data Connector (FDC) to verify prices, crosschain events, and external data sources. These oracle-based operations require multiple attestations and validator participation, consuming more gas per operation than standard token transfers.

As application activity increases, a larger share of network usage comprises these higher-complexity operations, directly linking greater FLR consumption to protocol usage.

• Burns & Governance: We remain committed to the long-term health of FLR tokenomics:
• 2.1 Billion FLR Burn: Since October 2024, 66,293,390 FLR has been burned each month as part of the multi-year 2.1B FLR burn plan.
• Structured fee burns: All transaction fees and unclaimed rewards are automatically removed from circulation as part of normal network operation. Verify the burn here.
• Clarifying ongoing network rewards after FlareDrops: The conclusion of the FlareDrop distribution does not change protocol-level staking or delegation rewards. Rewards earned from FTSO delegation, FLR staking (including sFLR), and participation as an FAssets agent continue under the protocol and are unaffected by the end of FlareDrops.
• During the 36-month distribution period, wrapped and staked FLR balances, as well as certain FAssets-related positions, were additionally eligible for FlareDrops. After FlareDrops conclude, participants may observe a reduction in total FLR received versus prior periods; this reflects the end of FlareDrops rather than any change to ongoing staking or delegation mechanics. Vested rFLR balances were eligible only for FlareDrops; after FlareDrops conclude, they do not receive any additional distributions or compounding from that mechanism.

What’s next: governance proposals focused on sustainability

The foundation is built. FLR now operates as a core component of network security, data provision, governance, and transaction execution.

In Q1, the Flare Foundation expects to bring forward a series of governance proposals focused on reinforcing FLR’s required role in network activity. While still in development, these proposals explore how protocol revenue — such as fees from the FAsset system — can be used to further support the network sustainability and help offset ongoing issuance, subject to governance approval.

The bootstrapping phase is coming to a close. The Utility Era is here.

Learn more about FLR’s tokenomics: https://dev.flare.network/support/flr

Beyond FlareDrops: FLR enters its operational utility era was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

Flare DeFi continues to mature with the launch of Morpho, the universal lending network with $10B+ total deposits across EVM chains. On Flare, Morpho will power permissionless lending markets for XRP through Mystic, which will serve as the front-end interface for Morpho on Flare — simplifying access for users and curators alike.

The integration brings modular lending to Flare for the first time, marking a major milestone in the network’s XRPFi vision: transforming XRP from a dormant asset into a productive source of yield, credit, and composable strategy.

Why it matters for XRPFi

The XRP community has historically had limited access to sophisticated DeFi strategies, but Flare has already begun to change that by creating the foundations for XRPFi: FXRP, staking via Firelight, spot trading via Hyperliquid, yield tokenization through Spectra and many more use cases.

The Morpho and Mystic integration deepens and broadens this vision.

With modular lending now live, FXRP holders can:

• Deposit FXRP into curated, yield-bearing vaults
• Use FXRP as collateral to borrow stablecoins or other assets
• Integrate into structured yield strategies via Spectra
• Loop capital across staking, lending, and borrowing — all within Flare

This expands the toolkit for XRP holders, giving them new ways to earn, borrow, and strategize while the underlying XRP is retained on XRP Ledger.

Morpho makes XRP capital more capital efficient, composable, and productive than ever.

What is modular lending?

Traditional lending protocols rely on pool-based designs to concentrate liquidity and typically rely on governance/risk managers for listings and parameter changes; Morpho shifts more configuration to the market/vault level.

With Morpho’s architecture:

• Each market consists of just one collateral and one loan asset
• Risk is isolated at the market level
• Parameters (like LTV or liquidation thresholds) are set once at creation
• New markets can be launched permissionlessly by anyone; curated vaults then choose which markets to allocate into.

Think of it this way:

Each market is one collateral/loan pair.

Vaults allocate across multiple markets, optimizing for yield and risk.

Meet the curators

Morpho builds on a known model for Flare users: curators, the independent risk managers who design and manage capital strategies.

First introduced during the Upshift launch, curators like Clearstar have already helped users access professionally managed yield vaults. With Morpho, this curator-led model is now extended to Flare’s lending layer.

Curators:

• Design and deploy modular lending vaults
• Configurate vault strategies and allocations across selected markets
• Allocate capital across isolated markets based on defined strategies

Instead of relying on protocol-wide governance, users can now select vaults that align with their personal risk and yield goals.

At launch, curators like Clearstar and Carpathian will offer vaults backed by USDT0, FLR, and FXRP, bringing curated strategies to modular lending, and adding new depth to the XRPFi toolkit.

What is Mystic’s role?

Morpho itself is neutral infrastructure. To make it accessible, Flare will be added to Mystic, a dedicated front-end designed to:

• Discover curated lending vaults
• Deposit assets to earn yield through managed strategies
• Borrow against supported collateral without selling holdings

Over time, additional interfaces may emerge, but Mystic is the primary entry point at launch. As the primary interface, Mystic will continue to abstract complexity over time, including support for 1-click looping strategies built on top of Morpho markets. Because the smart contracts are deployed by the Morpho team, they can eventually add front end Morpho support on the main app.

What you can do now

Here’s how you can start using modular lending and put your XRP to work:

🟡 Want passive yield?

Deposit FXRP, USDT0, or FLR into a curator vault and earn interest.

🟢 Need liquidity without selling?

Use FXRP as collateral to borrow stablecoins.

🧠 Want to unlock even more strategies?

Borrow against your position — while continuing to earn yield.

The addition of Morpho marks a new chapter in Flare’s DeFi evolution. By supporting both governance-driven protocols like Kinetic and modular, curator-led lending through Morpho, Flare gives users and builders more ways to participate in onchain finance in the way they want.

The launch is more than an integration, it’s a major step toward a composable, institution-grade XRPFi ecosystem and a glimpse at what programmable finance for digital assets like XRP looks like in practice.

Explore vaults at Mystic: https://app.mysticfinance.xyz

First-ever modular lending for XRP debuts on Flare via Morpho and Mystic was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

Flare is continuing its mission to bring XRP liquidity and utility deeper into new ecosystems with the launch of the FXRP/USDH spot market on Hyperliquid: https://app.hyperliquid.xyz/trade/FXRP/USDH

Following the rollout of the FXRP/USDC market two weeks ago, this new USDH pairing marks another major step forward for FXRP on Hyperliquid — reinforcing Flare’s commitment to expanding XRP trading infrastructure and liquidity access in new frontiers.

Why USDH is the right quote asset for FXRP

USDH is a native quote asset within the Hyperliquid ecosystem. Launched as a major Hyperliquid initiative in September 2025 and built by Native Markets, a team of industry veterans from Uniswap, BlackRock, Stripe, Circle, and Ramp. USDH has quickly become a foundational settlement layer with strong onchain volume, decentralized distribution, and deep integration across HyperEVM including lending, options, and yield applications.

Fully backed 1:1 by US Treasuries and cash equivalents with institutional-grade custody infrastructure, and offering native trading incentives such as lower taker fees and higher maker rebates, USDH creates the ideal environment for FXRP to scale alongside Hyperliquid’s fastest-growing financial layer.

FXRP momentum is growing on Hyperliquid

While FXRP spot markets are still early in their lifecycle, the community response to the initial FXRP launch has been strong across social channels, ecosystem partners, and media coverage. The signal is clear: traders want XRP exposure on Hyperliquid — and they want a seamless capital route between XRPL, Flare, and HyperEVM.

Flare has been actively closing this infrastructure gap.

Just one week after the FXRP/USDC spot market went live, Flare shipped an upgrade: direct FXRP bridging from Flare to HyperEVM. A dedicated FXRP bridge powered by Flare Smart Accounts will follow in the coming weeks, enabling one-click withdrawals from Hyperliquid back to the XRP Ledger, preserving FXRP’s canonical anchor. This represents a major unlock for XRP trading activity on Hyperliquid.

With this momentum building, expanding FXRP’s market structure is critical to scaling liquidity depth, improving capital efficiency, and onboarding new traders. The FXRP/USDH pair is the natural next step.

“We believe FXRP will become the XRP asset of choice on Hyperliquid. This is another important step forward for FXRP in the ecosystem. We look forward to working closely with Native Markets and growing FXRP in tandem with the HyperEVM ecosystem.” — Hugo Philion, Co-founder of Flare

Enabling new XRP trading strategies on Hyperliquid

Today, there is over $200 million in XRP open interest across perpetual markets, yet traders have had limited onchain spot infrastructure to properly hedge or manage that exposure.

FXRP on Hyperliquid directly addresses this gap by introducing two spot markets: FXRP/USDC and FXRP/USDH that complement existing derivatives activity.

Traders can now:

• Combine FXRP spot markets with perpetuals to hedge exposure
• Execute delta-neutral or directional strategies
• Arbitrage between spot and derivatives markets
• Access deeper liquidity routes for XRP exposure

Importantly, FXRP remains fully connected to the XRP ecosystem. At any time, FXRP can be bridged back to XRPL via Flare’s FAssets, allowing users to move seamlessly between Hyperliquid, HyperEVM, and the XRP Ledger.

Get started with FXRP on Hyperliquid

The FXRP/USDH spot market is now live on Hyperliquid and ready for trading.

Whether you’re looking to hedge XRP exposure, deploy advanced trading strategies, or access XRP liquidity inside the HyperEVM ecosystem, getting started is simple:

→ Bridge FXRP to HyperEVM
Use the FAssets Portal to move FXRP from Flare into HyperEVM or HyperCore and prepare assets for Hyperliquid trading.

Also available on Stargate: https://stargate.finance.

→ Trade FXRP on Hyperliquid
Access the FXRP/USDH and FXRP/USDC spot markets directly on Hyperliquid.

→ Learn how it works
Follow the step-by-step guide to start trading XRP on Hyperliquid.

Building the XRP standard on Hyperliquid: FXRP/USDH spot market now live was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

As of today, Flare lists FXRP for spot trading on Hyperliquid, launching initially with an FXRP/USDC pair. Additional stablecoin pairs are expected to follow. This will be the first XRP spot pair to be available on Hyperliquid.

The listing is enabled by Flare’s FAssets system and LayerZero’s Omnichain Fungible Token (OFT) standard, allowing FXRP to move across chains, trade on Hyperliquid’s onchain orderbook, and return to its canonical home on the XRP Ledger in a single click.

Access the FXRP/USDC spot market at: https://app.hyperliquid.xyz/trade/FXRP/USDC

Why it matters

With FXRP listed on Hyperliquid, XRP and Flare users gain access to a high-performance spot trading venue while maintaining full on-chain custody. At the same time, non-Flare users on Hyperliquid receive a direct entry point into Flare’s growing XRPFi ecosystem, without needing to onboard from scratch.

First institutional-grade XRP spot exposure on Hyperliquid

This listing marks the first XRP exposure on Hyperliquid, bringing FXRP to one of the most liquid onchain trading venues available today. Hyperliquid’s orderbook delivers tighter spreads, deeper liquidity, and professional-grade trading tools, including limit orders and advanced execution, designed for high-volume and sophisticated traders.

While FXRP is deeply integrated across Flare’s DeFi ecosystem, Hyperliquid’s high-throughput orderbook is purpose-built to outperform AMM-based pools on price discovery and execution quality, particularly under institutional trading conditions.

Fast, simple multichain bridging

FXRP is deployed as a LayerZero OFT, enabling seamless routing to Hyperliquid’s HyperEVM and onward to its HIP-1 representation on HyperCore for spot trading.

A dedicated FXRP bridge powered by Flare Smart Accounts will follow in the coming weeks, enabling one-click withdrawals from Hyperliquid back to the XRP Ledger, preserving FXRP’s canonical anchor.

Enable new trading strategies

Traders can combine FXRP spot markets with perpetuals to hedge exposure, execute directional strategies, or simply buy and sell XRP exposure across venues. Today, there is $250m of XRP open interest on perps with no ability to spot hedge the asset. FXRP on Hyperliquid spot will expand the type of XRP strategies run. At any time, FXRP can be bridged back to XRPL via Flare.

End-to-end custody

Users can bridge FXRP once, trade on Hyperliquid, and bridge back — remaining on-chain throughout the entire lifecycle.

Why Hyperliquid

Hyperliquid is an onchain exchange ecosystem combining a high-performance Layer-1 orderbook (HyperCore) with an EVM execution environment (HyperEVM). Its permissionless listing model and deep liquidity make it a natural venue for Flare’s mission: expanding XRP’s role as a programmable, multichain financial asset while reinforcing XRPL as the canonical settlement and trust layer.

Superior price discovery

Hyperliquid’s high-volume orderbook environment is designed to outperform traditional AMMs in both price discovery and execution quality.

A new audience for XRPFi

Hyperliquid-native users gain a direct path to Flare’s XRPFi ecosystem, including lending, staking, and all composable DeFi use cases, without needing to begin their journey on Flare.

Reputation and legitimacy

Aligning FXRP with one of the fastest-growing on-chain trading venues strengthens XRP’s positioning as a global, permissionless, programmable financial asset.

Get started: how XRP holders trade FXRP on Hyperliquid

1. Activate your account
   Before funding your Hyperliquid account, activate it by connecting an EVM wallet (e.g. MetaMask, Rabby) to the Hyperliquid site.This wallet address will be used to send assets to and from Flare, HyperEVM, and HyperCore.

2. Funding your account with USDC (from Arbitrum)

Deposit USDC directly from Arbitrum within the Hyperliquid app.

• USDC is credited to HyperCore
• Swap USDC into FXRP via the onchain orderbook
• No prior Flare or XRPL setup required

This route is ideal for traders coming from other DeFi ecosystems who want FXRP exposure.

3. Funding your account with FXRP

To trade FXRP directly on Hyperliquid, users can bridge XRP to Flare as FXRP, then use Stargate to send FXRP from Flare to HyperEVM and onward to HyperCore.

• Here’s the flow: XRP (XRPL) → FXRP (Flare via FAssets) → Hyperliquid (HyperEVM → HyperCore)
• Once bridged, FXRP becomes immediately available on the FXRP/USDC spot market.

In a later phase, users will be able to bridge FXRP directly from the XRP Ledger to Hyperliquid using a Flare Smart Account-powered bridge. Once live, this will also enable one-click withdrawals of FXRP from Hyperliquid back to XRPL.

After acquiring FXRP at Hyperliquid, users can bridge FXRP to Flare using the same bridge at Stargate to access XRPFi opportunities, such as lending FXRP on money markets, and staking with Firelight, effectively making XRP an active DeFi asset of deep liquidity with onchain yield. The addition of the FXRP spot market on Hyperliquid will enable seamless liquidity and make FXRP more available to user within the Flare ecosystem.

https://app.hyperliquid.xyz/trade/FXRP/USDC

Hyperliquid’s first XRP spot market, powered by Flare’s FXRP was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

Flare is doubling down on growing the FLR holder base following the launch of FAssets. This effort is designed to ensure that newly onboarded holders are well-prepared to understand FLR and its role in XRPFi.

That’s why we’re pleased to announce our partnership with Wallet, the Telegram-native Web3 gateway with over 100 million registered users. Together, we are launching the Wallet x Flare: FLR Launch Campaign, a multi-phase activation designed to bring FLR directly to Wallet’s massive audience.

What does the FLR Launch Campaign consist of?

Wallet x Flare, running from October through November 2025, focuses primarily around three main areas:

• Deep product integration: Full support for FLR deposits, withdrawals, and swaps, with strong placement across Wallet.
• Content and storytelling: Educational materials, social content, and KOL support to introduce FLR to new audiences.
• Incentives: Tasks, referrals, and gift campaigns that encourage hands-on participation.

How will the Wallet partnership onboard new FLR users?

Wallet’s dedicated FLR Hub will help new users understand what FLR is, what it powers, and how rewards work. The campaign will offer clear entry points for newcomers to start engaging with FLR, including:

• FLR Launchpool: Stake TON, USDT, or BTC on Wallet (in the Telegram app) and earn FLR with up to 50% APR. Rewards accrue daily and can be claimed any time.
• Base FLR Earn: Launching October 13 with 25% APY, plus optional boosters.
• Zero-fee Swaps: Users can acquire FLR with no fees during the campaign period.
• Targeted gifts and mystery boxes: Rewards designed to reach Wallet’s most active users.

How does the partnership benefit the Flare ecosystem?

By partnering with Wallet, Flare is opening the door to one of the largest Web3 communities inside Telegram. With its 100M+ registered users, Wallet provides a natural distribution channel for FLR and helps Flare scale its onboarding efforts.

The campaign’s in-app placement, push notifications, and social channels will ensure greater visibility for FLR, while zero-fee swaps, incentives, and other tools will lower barriers for new users.

How does this tie into FAssets?

Growing the FLR holder base is a core priority alongside the FAssets launch. To unlock FAssets’ full potential, the ecosystem needs a large and active community of FLR holders.

By helping more users easily acquire and understand FLR today, Flare is building a stronger foundation for XRPFi — ensuring a bigger, better-prepared community ready to participate in the many DeFi opportunities that FAssets will enable.

This partnership marks a major step toward expanding access to the Flare ecosystem inside one of the world’s most widely used apps.

And the best part: you don’t need to leave Telegram to get started.

Get started: https://t.me/wallet

Flare partners with TOP Wallet on the FLR Launch Campaign was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

Enosys announced the launch of Enosys Loans, the first-ever Collateralized Debt Position (CDP) protocol that allows XRP holders to mint a trustless, overcollateralized stablecoin directly on Flare, launching first with FXRP and wFLR, and soon expanding to stXRP.

How CDPs power stablecoins

The engine behind this system is a Collateralized Debt Position (CDP). A CDP protocol allows users to mint a stablecoin against their collateral. The collateral backs the stablecoin and helps it maintain a value close to $1. This means that XRP holders will be able to access the value of their XRP without having to sell their tokens.

A crucial component of this mechanism is the stability pool, which ensures the system can cover outstanding debt in case of liquidation. Users who stake their stablecoin in the stability pool are rewarded with real yield coming from the mint fees, interest paid, and liquidation rewards

On top of this, a cornerstone of Enosys Loans is its integration with the Flare Time Series Oracle (FTSO) for decentralized collateral pricing. Unlike traditional oracles that may rely on centralized data sources, the FTSO aggregates price feeds from independent signal providers, delivering highly accurate and tamper-resistant data for collateral assets.

A friendly fork of Liquity V2 on Flare

Liquity is one of the most tried and tested CDP protocols in DeFi. Since launching in 2021, it has secured billions in collateral, kept its stablecoin peg through extreme market volatility, and proven the resilience of its redemption and stability pool design.

Liquity V2 keeps the core principles that made V1 trusted — immutability, decentralization, and security — while adding upgrades such as user-set borrowing rates, improved capital efficiency, and protocol-incentivized liquidity.

On Flare, users will be able to lock FXRP (a 1-to-1 representation of XRP) into the protocol to mint a stablecoin. For the first time, XRP holders gain access to a decentralized stable backed by their assets, enabling borrowing without selling, liquidity provision, and yield opportunities across DeFi.

Uniquely, borrowers on Flare can set the annual percentage rate (APR) they’re willing to pay. However, lower rates come with a tradeoff: the lowest interest rate positions are the first to be redeemed against if the stablecoin falls below its $1 peg.

Shortly after launch, support will expand to include stXRP, the liquid staking token from Firelight. That means XRP holders can put their staked XRP to work twice: earning staking rewards and using stXRP as collateral to mint stablecoins.

Why it matters

• First XRP-backed stablecoin: Flare becomes home to a decentralized stable collateralized by one of the largest crypto assets.
• Deeper integration of stXRP: Liquid staking token becomes composable, evolving into foundational collateral for DeFi.
• More activity for FAssets: Every minted stable drives usage of the FAssets system, strengthening the network and boosting liquidity flows.

To bootstrap adoption, the protocol will integrate rFLR incentives, which means users who utilize the minted stablecoin in the stability pool or decentralized exchange liquidity pools will be able to earn rFLR rewards.

The road ahead

This is just the beginning. Support for additional Flare-native collaterals such as FLR and more FAssets are planned, alongside expanded integrations with other DeFi apps in the ecosystem.

By bringing a proven model like Liquity V2 to Flare, we’re laying the foundation for stable, decentralized liquidity powered by XRP and enhanced by liquid staking.

Enosys Loans: Bringing the first XRP-backed stablecoin to Flare was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

Second publicly traded company embraces Flare’s XRPFi model, following VivoPower’s $100M deployment

[London, U.K.] — August 29, 2025 — Flare, the Layer 1 blockchain for data and interoperability, announced today that Everything Blockchain Inc. (OTC: EBZT), a U.S.-listed public company, has entered into a memorandum of understanding (MOU) to adopt Flare’s institutional-grade XRPFi (XRP DeFi) framework for its digital asset treasury.

EBZT expects to allocate approximately $10 million in XRP in its initial phase, with the potential to scale further as part of its digital treasury strategy. The agreement makes EBZT one of the first U.S. public companies to deploy XRP in a compliant, yield-bearing structure, joining Nasdaq-listed VivoPower International PLC (NASDAQ: VVPR), which committed $100M in XRP to Flare’s ecosystem earlier this year. Together, these moves demonstrate XRPFi’s growing momentum as the emerging institutional standard for corporate treasury yield.

XRPFi represents Flare’s vision for establishing an institutional framework around XRP, transforming the traditionally non-yield asset into a productive treasury tool. At the core of this framework is FAssets, Flare’s trustless bridging system that provides smart contract functionality to non-smart contract assets like XRP and BTC. By leveraging FAssets and Firelight protocol, Flare’s decentralized restaking layer, EBZT intends to convert XRP into FXRP, then allocate it across decentralized lending, staking, and liquidity protocols.

“XRP, now a roughly $150 billion asset, has been a cornerstone of digital finance for more than a decade, yet institutions have had few ways to make it productive,” says Hugo Philion, Co-Founder and CEO of Flare. “Flare changes that by enabling a compliant, on-chain, non-custodial yield framework designed for corporate treasuries. With VivoPower and now Everything Blockchain, public companies are validating that XRPFi is not just a concept but an emerging institutional standard.”

For EBZT, the decision reflects a shift in how public companies approach blockchain participation. EBZT aims to show how XRP can serve as a compliant, yield-bearing asset rather than a passive holding. Arthur Rozenberg, CEO of Everything Blockchain Inc., says, “This is about unlocking the true financial utility of digital assets like XRP, not just as speculative holdings, but as yield-bearing instruments that can compound over time. Flare gives us the rails to do this in a way that meets the governance, security, and auditability standards required of public companies.”

With multiple public companies adopting XRPFi and millions in assets already on Flare, the network is establishing itself as the default programmable utility layer for XRP in institutional finance. The upcoming launch of FAssets will expand these opportunities to other non-smart contract assets.

About Flare Network

Flare Network is a Layer 1 blockchain platform that enables digital assets like XRP to participate in decentralized finance applications. Through its smart contract infrastructure, Flare unlocks yield-generating opportunities for traditionally non-yielding assets while maintaining institutional grade security and compliance standards.

About Everything Blockchain Inc. (OTC: EBZT)

Everything Blockchain Inc. is a publicly traded company building a diversified digital asset treasury across high-conviction tokens and validator infrastructure. Through strategic yield generation and on-chain income compounding, EBZT offers public-market investors exposure to blockchain economics typically reserved for private funds and early adopters.

Flare Expands Institutional Adoption as Everything Blockchain Inc. was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

Wen? Now.

FAssets are now live on Flare mainnet, starting with FXRP v1.2. With the long-awaited launch of the first FAsset, XRP holders now have the ability to mint FXRP on Flare and start putting XRP to work across Flare DeFi. This is the start of the XRP DeFi awakening.

A quick refresher on FAssets

FAssets are Flare’s protocol for turning non-smart contract-enabled cryptocurrencies like XRP into assets that can be used in DeFi on Flare and beyond. They are one-to-one representations of the original asset (e.g. XRP to FXRP) secured through an overcollateralized system of independent agents and secured by Flare’s enshrined data protocols. The result: non-smart contract assets gain access to the full potential of Flare’s composable decentralized finance ecosystem, including DEX trading, lending, stablecoin minting, liquid staking, and other use cases.

FAssets are built for composability. Once minted, FXRP can move freely across Flare’s DeFi ecosystem. This allows protocols to integrate FXRP directly as a native building block, without needing special workarounds.

How is FXRP secured?

Security for FAssets is an ongoing commitment, not a one-off milestone. The system has already undergone at least four independent audits by leading firms such as Zellic and Coinspect, alongside Immunefi-powered bug bounties and community-driven reviews like Code4rena.

Furthermore, the FAssets system and the DeFi applications on Flare are monitored 24/7 by Hypernative. There are also extensive rapid response and security processes in place.

Why so many layers? Because FAssets manage high-value, complex operations — trustless bridging, collateral management, and multi-chain minting — where security is non-negotiable. Institutional stakeholders, in particular, demand not only initial assurance, but ongoing verification that the system remains resilient to new threats.

The Flare Foundation will continue to invest in robust, scalable security measures to ensure FAssets uphold the highest standards of safety, trust, and reliability for both institutions and the XRP community.

How to acquire and use FXRP

Minting FXRP

The most direct way to acquire FXRP is to mint it yourself. Follow these steps below:

1. Acquire XRP on the XRP Ledger (XRPL).
2. If your XRP is on an exchange, withdraw it to a self-custody wallet that supports Flare and XRPL, which are Ledger and Bifrost.
3. Head to AU or Oracle Daemon to mint FXRP.

⚠️ Note: To support a secure rollout, FXRP minting will be capped at 5 million FXRP in week one, with the cap gradually ramping up thereafter.

For step by step assistance, watch our FXRP minting guide:

For more technical documentation, please refer to https://dev.flare.network/fassets/overview.

Swapping on DEXes

Alternatively, FXRP is also available on DEXes (on Flare) for swapping:

1. First, acquire any token on Flare.
2. Head to a decentralized exchange like SparkDEX, BlazeSwap, or Enosys.
3. Connect your wallet and use the Swap feature to swap your tokens for FXRP.

Other ways to acquire FXRP

Wallets such as Luminite and Oxen Flow will also offer built-in swap functionality.

• Luminite natively supports FAssets minting and redeeming, cross-chain bridging and includes a built-in swap to FXRP on Flare. It will soon be able to route any EVM token (e.g., from Arbitrum or Base) directly to XRP on the XRPL via Stargate + FAssets — no manual hops required.
• Oxen Flow is a self-custody mobile wallet that makes it seamless to onboard into the Flare ecosystem and interact with the FAssets system. The app empowers users to stake and swap FXRP, bridge assets with complete key control, and easily track their earnings while unlocking Flare’s cross-chain functionality and trustless DeFi opportunities.

Incentives at launch

To maximize impact and ensure sustainable growth, the FAssets incentives will be distributed in the form of rFLR only to DeFi pools that contribute meaningfully to total value locked or drive on-chain activity.

At launch, FXRP incentives will be directed to the following pools:

• Kinetic FXRP Supply: Target APR of 5%.
• Kinetic FXRP/USD₮0 Isolated Pool: Designed to isolate risk, with USD₮0 as the primary borrow asset against FXRP.
• FXRP/USD₮0 Liquidity Pools on: SparkDEX, Blazeswap, Enosys — Target APR of 50%.

The launch incentives are only the beginning. In the coming weeks, FXRP and stXRP (liquid staked XRP powered by Firelight) will power deeper integrations across the Flare ecosystem:

• Enosys Loans (CDP) → FXRP will be enabled as collateral, with an rFLR-incentivized stability pool to support the first XRP-backed stablecoin.
• Yield market (launch soon) → Incentivized LP pools for PTs and select vaults, with stXRP positioned as the main deposit asset.
• Curated vaults for seamless management of yield generating strategies.

Once Firelight launches and stXRP becomes available, the full XRPFi flywheel will accelerate — engaging more ecosystem partners, expanding collateral options, and driving new layers of utility for XRP on Flare.

Join us in building the future — the XRP awakening starts now.

FAssets are Live: XRP Meets DeFi on Flare was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

As of today, FLR is listed for spot trading on Hyperliquid. The listing will be enabled by LayerZero’s Omnichain Fungible Token (OFT) standard, allowing users to deposit FLR via Stargate and trade it natively on Hyperliquid.

Why it matters for users

With native FLR listed on Hyperliquid, users benefit from a more efficient and simpler trading experience:

• Native, not wrapped: Hyperliquid will list native FLR, avoiding needing gas to unwrap which simplifies deposits/withdrawals.
• Permissionless listing: FLR ticker on Hyperliquid was acquired by Flare in order to permissionlessly enable spot trading on Hyperliquid.
• Fast, simple bridging: LayerZero OFT links FLR to Hyperliquid’s HyperEVM and then to the HIP-1 asset on HyperCore for trading.
• Better execution: An on-chain orderbook with tight spreads and liquidity, offering lower implicit trading costs for those who want to trade on-chain.

“Hyperliquid trading volumes have soared over the recent months, rendering it a high-priority exchange listing with compelling prospects for the FLR token,” said Hugo Philion, CEO & Co-founder of Flare. “Harnessing LayerZero’s native OFT standard and Hyperliquid’s decentralized listing flow, users can now access a permissionless bridge-in, trade, bridge-out experience for FLR.”

How it works

1. OFT deployment:LayerZero’s NativeOFTAdapter enables FLR to bridge from Flare to HyperCore where the spot market is traded directly. When bridging back to Flare, the user needs to bridge to HyperEVM and then back to the Flare mainnet. This can be facilitated via LayerZero. Flare will look to enable bridging back from HyperCore directly once it’s available.
2. HIP-1 listing on Core:FLR is deployed as a HIP-1 asset on HyperCore, and the FLR/USDC market is registered. Hyperliquid is expanding spot markets to additional stablecoin pairs like USDT0 and USDH; the FLR spot market is expected to migrate as the ecosystem matures.
3. Simplified user experience:Users can deposit FLR via Stargate to place FLR/USDC orders on Hyperliquid’s on-chain orderbook, and withdraw back to Flare at any time.

“The OFT standard is turning FLR into a first-class omnichain asset,” said Filip Koprivec, Chief Product Officer at Flare. “Combine that with Hyperliquid’s on-chain market structure and you get speed, transparency, and strong price discovery for everyday traders. Utilizing LayerZero, the default bridging solution on the Flare network allows us to enable a seamless user experience while keeping true to our ethos: no compromise on security that our blockchain offers.”

3 options for funding your account

Before funding your Hyperliquid account, activate it by connecting your EVM wallet (e.g. MetaMask, Rabby) to the Hyperliquid site. This is the wallet address that will be used for sending assets on Flare to/from Stargate.

Option A: USDT0 (from Flare)

Bridge USDT0 (Flare) → USDT0 (HyperCore) via Stargate or usdt0.to. Once bridged,USDT0 can be swapped for USDC on HyperLiquid. Note: There is a $1 fee to activate the HyperLiquid account.

Option B: FLR (from Flare)

• Users can bridge FLR directly from Flare to HyperCore and HyperEVM via Stargate.
• After acquiring FLR on HyperCore, users can bridge it to HyperEVM and then send it back to the Flare mainnet to start staking, delegating, and receiving FlareDrops.

Option C: USDC (from Arbitrum)

Deposit USDC from Arbitrum in the Hyperliquid app.

Withdraw anytime: move assets HyperCore <> HyperEVM in the Hyperliquid app, then bridge back out via the same route on Stargate.

🔗 https://app.hyperliquid.xyz/trade/FLR/USDC

About Flare

Flare is a Layer-1 blockchain with enshrined data protocols that bring verified real-world and cross-chain data on-chain, enabling fast, low-cost, interoperable DeFi.

About Hyperliquid

Hyperliquid is an on-chain exchange ecosystem featuring a Layer-1 orderbook (HyperCore) and an EVM environment (HyperEVM), offering permissionless token listings and high-performance trading.

About LayerZero

LayerZero is the leading interoperability protocol enabling asset issuers, applications and enterprises to move information and value seamlessly across 140 blockchains. The Omnichain Fungible Token (OFT) Standard enables any fungible asset to expand natively across multiple chains — maintaining a single supply and unified liquidity everywhere. This announcement does not constitute investment advice. Trading digital assets involves risk. This communication is not intended for, and should not be acted upon by, any person in the United Kingdom. The information contained herein does not constitute a financial promotion under the Financial Services and Markets Act 2000 (FSMA) and is not directed at or intended for distribution to any person in the UK. If you are located in the UK, please disregard this message.

Native FLR Spot Listing on Hyperliquid Powered by LayerZero OFT was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.

Flare would like to welcome Flamix, a new perpetuals exchange built natively on the Flare network and powered by the Lynx trading engine. Designed to make perpetuals trading on Flare faster, more flexible, and more rewarding, Flamix introduces features never before seen on Flare.

What can Flare users do on Flamix?

By combining Flare’s native data infrastructure with Lynx’s proven execution layer, Flamix gives users a new way to access global markets directly on Flare.

Highlights:

• Trade with up to 500x leverage across crypto, forex, and commodities.
• Any asset as collateral turns governance tokens, LP tokens, staking derivatives, and memecoins into assets that can be used as collateral.
• A dual rewards system consisting of rFLR and FLMX points at launch

How does Flamix stand out from other perpetuals exchanges?

Flamix is designed with features that appeal to both traders and liquidity providers.

For Traders:

• Any-asset collateral: Use any token as collateral to trade global markets without selling your tokens.
• Fast & fair execution: Flare’s infrastructure combined with the Lynx engine delivers smooth and reliable order fills.
• Volatility protection: Collateral price movements do not automatically push positions closer to liquidation.

For Liquidity Providers:

• Single-asset pools: No impermanent loss risk.
• Multiple fee streams: Users can earn through trading, funding, and liquidation fees.
• Balanced exposure: The system’s smart funding rates help stabilize risk exposure.

What makes this launch significant?

The Flamix launch on Flare brings together high-performance trade execution with reliable on-chain data. The Flare Time Series Oracle (FTSO) provides the accurate pricing needed for perpetuals, while the network’s low fees and efficient environment make high-frequency, high-leverage trading possible. This demonstrates how protocols can capitalize on Flare’s data infrastructure to power new financial tools.

Additionally, Flamix brings utility to the wide range of tokens on Flare (e.g. FLR, sFLR, USDT0, FXRP), from governance tokens to staking derivatives to project tokens, by letting these assets be used as collateral.

How does the dual rewards system work?

The dual rewards system will be available on launch, consisting of rFLR Points and FLMX Points.

• rFLR Points: Flamix is integrated into the Flare DeFi Emissions Program. rFLR points on Flamix will determine a user’s rFLR incentives payout that will be distributed at the conclusion of the reward epoch on Flare Portal.
• FLMX Points: Long-term rewards that will continue to accumulate until the launch of the FLMX token (date TBA).

This system provides both immediate incentives for early adopters, as well as longer-term benefits for committed and active participants.

Getting started

Flamix is now live on Flare! To start trading or providing liquidity, follow these steps:

1. Connect your Flare wallet on flamix.trade
2. Deposit your preferred tokens
3. Trade global markets or supply liquidity
4. Earn rewards

Simple! And just like that, Flamix marks another step in expanding the range of powerful and user-friendly DeFi opportunities available on Flare.

Trade perpetuals with any asset as collateral with Flamix was originally published in Flare on Medium, where people are continuing the conversation by highlighting and responding to this story.