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DefiPanter » Protocols by TVL » Firelight

Firelight (-)

Protocols by TVL · flare
Total value locked (TVL)
$68.28M

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Resolution
D W M Q Y
Time series limited to 30 days. Full history is available from the Plus plan.
Chains

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.

Methodology

Counts FXRP tokens held in the Firelight vault.

Similar protocols

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