Deposit FXRP, earn automated on-chain yield, and keep full ownership of your assets — no intermediaries, no counterparty risk.
Open AppYou hold your keys at every step. The Firelight Finance platform never takes custody. Contract code enforces all rules — not a company policy.
Every deposit, yield accrual, and withdrawal is recorded on the XRP Ledger EVM sidechain. Anyone can verify balances in real time.
The protocol aggregates lending and liquidity fees. Rate oracles sourced via Chainlink keep pricing accurate across conditions.
Smart contracts follow Foundry-based testing pipelines. Independent auditors reviewed the codebase before the first vault went live in 2024.
Use any EVM-compatible wallet on the XRP Ledger sidechain. The connection is read-only until you approve a transaction.
Each vault lists its TVL, deposit limit, and collateral type. Currently the flagship vault holds over $86 million in FXRP.
Enter an amount, confirm in your wallet. Funds are allocated to yield strategies immediately. No lock-up period is imposed by default.
Yield builds block by block. Firelight Finance Points accumulate in parallel — the current total across all participants exceeds 212 billion.
Submit a withdrawal request on the Withdrawals page. Funds are released as vault liquidity allows — typically within one settlement cycle.
The protocol rebalances allocations without manual input. Strategies are encoded in audited contracts — not run by a multisig.
Each vault enforces a hard cap. The flagship vault cap is 60,168,000 FXRP. Limits prevent liquidity concentration risk.
Current TVL is displayed live on the dashboard. No delayed snapshots. Directly from the contract state.
FXRP/USD rates come from decentralised oracle networks. This aligns with standard oracle architecture used across EVM protocols.
Points track participation and deposit duration. They are calculated on-chain and visible in your dashboard at all times.
Gas costs on the XRP Ledger EVM sidechain follow EIP-1559 mechanics, keeping transaction fees predictable for depositors.
The team behind Firelight Finance has signalled a governance transition. Points data will inform voting weights once the governance module ships.
More questions answered at the full FAQ page.