Search results for FAssets
Crypto
XRP holders can trade options and perpetual futures without selling as FXRP collateral expands
XRP holders can use FXRP on Flare as collateral to trade options and perpetual futures on decentralised exchange Derive, without going through a centralised exchange. Flare said Derive began supporting FXRP as collateral for XRP options and perpetual futures. Derive’s XRP options settle in USDC, not XRP, requiring option sellers to maintain sufficient USDC and margin to avoid liquidation. FXRP has also been approved as collateral in Sentora’s RLUSD main vault on Morpho.
Crypto
Flare targets XRP and bitcoin DeFi integration to attract institutional funds
Flare Networks is pushing to expand its DeFi connectivity from XRP to bitcoin, with CEO Hugo Philion saying it plans to extend its FAssets technology to bitcoin via a wrapped token, FBTC. Flare aims to turn major cryptocurrencies that are hard to use directly in DeFi into programmable assets. It has issued more than 150 million FXRP and targets attracting up to 5 billion XRP within six months. Flare says its FCC confidential computing could reduce full disclosure of transaction information for large participants.
Crypto
Flare CEO says major XRPFi expansion over next six months to attract 5 billion XRP
Flare will push a major expansion of XRPFi, its XRP-based decentralised finance ecosystem, over the next six months, aiming to make XRP usable as a DeFi asset rather than only for payments. CEO Hugo Philion said Flare will become a fully programmable layer for the XRP Ledger and roll out upgrades starting in about two weeks. FXRP issuance has exceeded 150 million, and he projected up to 5 billion XRP could flow into Flare, though analysts see security checks and stablecoin liquidity as key hurdles.
