Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
Dogecoin 
WhiteBIT Coin 
USDS 
Cardano 
Hyperliquid 
Wrapped stETH 
LEO Token 
Zcash 
Wrapped Bitcoin 
Bitcoin Cash 
Binance Bridged USDT (BNB Smart Chain) 
Chainlink 
Wrapped Beacon ETH 
Monero 
Toncoin 
Canton 
Wrapped eETH 
Stellar 
Sui 
Litecoin 
sUSDS 
USD1 
Dai 
Coinbase Wrapped BTC 
Avalanche 
MemeCore 
Hedera 
WETH 
Ethena USDe 
Shiba Inu 
Rain 
USDT0 
Global Dollar 
PayPal USD 
Cronos 
Circle USYC 
Bittensor 
Tether Gold 
BlackRock USD Institutional Digital Liquidity Fund 
Ethena Staked USDe 
Uniswap 
Polkadot 
PAX Gold 
Mantle 
World Liberty Financial 
NEAR Protocol 
Ondo 
Ondo US Dollar Yield 
Pi Network 
OKB 
Little Pepe 
Falcon USD 
HTX DAO 
syrupUSDC 
Internet Computer 
Sky 
Pepe 
Aster 
Ripple USD 
Aave 
Ethereum Classic 
USDD 
Bitget Token 
BFUSD 
Morpho 
KuCoin 
Janus Henderson Anemoy Treasury Fund 
Ethena 
Jupiter Perpetuals Liquidity Provider Token 
Algorand 
Cosmos Hub 
Quant 
POL (ex-MATIC) 
Kaspa 
Jito Staked SOL 
United Stables 
Superstate Short Duration U.S. Government Securities Fund (USTB) 
Kelp DAO Restaked ETH 
Spiko EU T-Bills Money Market Fund 
Render 
Binance-Peg WETH 
Blockchain Capital 
Rocket Pool ETH 
Worldcoin 
NEXO 
Binance Bridged USDC (BNB Smart Chain) 
Aptos 
Siren 
Wrapped BNB 
Stable 
Arbitrum 
Function FBTC 
Filecoin 
Gate 
JUST 
Jupiter 
syrupUSDT 
Flare 
BUILDon 
Pump.fun 
Binance Staked SOL 
Venice Token 
VeChain 
XDC Network 
USDtb 
Bonk 
Beldex 
NEW X CEO IS BACK 
Polygon Bridged USDC (Polygon PoS) 
DeXe 
Solv Protocol BTC 
OUSG 
Lombard Staked BTC 
GHO 
Injective 
Pudgy Penguins 
clBTC 
Dash 
Official Trump 
Usual USD 
Provenance Blockchain 
Midnight 
Virtuals Protocol 
YLDS 
StakeWise Staked ETH 
Stacks 
Kinetiq Staked HYPE 
SkyAI 
tBTC 
A7A5 
WrappedM by M0 
PancakeSwap 
Terra Luna Classic 
Artificial Superintelligence Alliance 
Unibase 
TrueUSD 
LAB 
c8ntinuum 
Kite 
Mantle Staked Ether 
edgeX 
Sei 
Polygon PoS Bridged DAI (Polygon POS) 
Billions Network 
EURC 
Resolv wstUSR 
COCA 
Chiliz 
Aerodrome Finance 
Celestia 
Doge Strategy 
Liquid Staked ETH 
Humanity 
Arbitrum Bridged WBTC (Arbitrum One) 
SPX6900 
Tezos 
ADI 
Curve DAO 
Wrapped Flare 
USDGO 
Janus Henderson Anemoy AAA CLO Fund 
L2 Standard Bridged WETH (Base) 
Spiko Amundi Overnight Swap Fund (EUR) 
币安人生 (BinanceLife) 
Steakhouse USDC Morpho Vault 
First Digital USD 
apxUSD 
Sun Token 
Ether.fi 
Binance-Peg XRP 
USX 
LayerZero 
Ether.Fi Liquid ETH 
Renzo Restaked ETH 
DoubleZero 
Conflux 
Noon 
Kinesis Gold 
sBTC 
Monad 
Pendle 
Jupiter Staked SOL 
Lido DAO 
FLOKI 
Savings USDD 
Gnosis 
Zebec Network 
JasmyCoin 
Marinade Staked SOL 
Arbitrum Bridged WETH (Arbitrum One) 
Key Takeaways
- Firelight launched an XRP staking protocol on Flare Network, supporting DeFi insurance.
- Users stake FXRP (wrapped XRP) to receive stXRP, liquid staking tokens tradable in DeFi applications.
Firelight launched its XRP staking protocol on the Flare Network today, allowing users to stake wrapped XRP (FXRP) and receive liquid staking tokens (stXRP) for DeFi applications while preparing for insurance-backed rewards.
The protocol enables XRP holders to deposit FXRP into vaults through Flare’s trust-minimized bridging system. Users receive stXRP tokens that can be traded or utilized across DeFi applications while maintaining exposure to potential staking rewards.
Firelight’s model focuses on using staked XRP to underwrite insurance coverage for DeFi protocols, targeting protection against risks including smart contract failures. The insurance-based rewards are expected to activate in an upcoming phase based on protocol adoption rates.
The launch connects XRP to expanded use cases within Flare’s DeFi ecosystem, enabling yield generation through staking mechanisms while supporting insurance coverage for high-value protocols. The initiative has attracted institutional interest due to its focus on providing comprehensive DeFi risk coverage.
XRP was originally designed for faster cross-border payments and has increasingly integrated into the DeFi ecosystem through bridging technologies that convert it into productive assets for various blockchain applications.
