Flare Integrates $200M FXRP
DeFi activity on XRP spiked after Flare integration, with nearly $200M in FXRP now active supporting lending, yield and new app flows beyond payments reported. That capital on-ramp shifts XRP narratives from pure payments toward composable DeFi utility on a bridged asset.
Flare’s dashboard shows 90M+ FXRP minted and roughly 80% of that supply already routed into protocol-level positions, with the network reporting ~860,000 active addresses and about 500,000 daily transactions. (flare.network) Nasdaq-listed VivoPower committed an initial US$100 million of XRP to generate yield on Flare as part of a June 11, 2025 strategic partnership, with the company saying yield will be reinvested to compound its XRP treasury. (vivopower.com) Flare activated permissionless, modular lending for FXRP via a Morpho integration on Feb 3, 2026, with Mystic serving as the front-end and independent curators such as Clearstar launching curated vaults that let FXRP act as collateral. (flare.network) Firelight’s liquid-staking rollout on Flare (Phase 1 launched Dec 3, 2025) issues stXRP as an ERC-20 receipt for staked FXRP, and Spectra went live Dec 4, 2025 to let users trade yield derivatives on sFLR and eventually stXRP. (flare.network) Flare enabled the first on-chain XRP spot market on Hyperliquid on Jan 7, 2026 by listing FXRP/USDC, giving perpetuals traders a native spot hedge and new on‑chain orderbook depth. (coindesk.com) Flare cofounder Hugo Philion publicly set a near-term FXRP liquidity target of US$1 billion (≈500% above current levels) in recent posts, while independent trackers report FXRP circulation metrics north of 100M–132M tokens and protocol TVL figures reported in the high‑hundreds of millions. (u.today)
