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Crypto

Does an XRP yield product need a long lockup? What is the net return after fees?

Questions have been raised over long deposit requirements and management fees for XRP yield products. An XRP analyst criticised locking up 50,000 XRP for six months, though the specific product was not identified. Several structures were cited, including managed accounts, system trading via separate managed accounts, Flare-based FXRP products and vaults, and Doppler Finance vaults. The article stresses comparing net returns after fees, withdrawal conditions and the sources and risks of yield.

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

XRP holders can borrow RLUSD without selling as Flare\'s FXRP enters Ethereum loan collateral

A new route has opened for XRP holders to borrow Ripple’s stablecoin RLUSD without selling their holdings. Flare’s XRP-based asset FXRP was approved as collateral in Centora’s RLUSD main vault, marking the first inclusion of an XRP-based asset in an institution-screened Ethereum lending vault. Users can convert XRP to FXRP on Flare, move it into the Ethereum ecosystem and deposit it on Morpho to borrow RLUSD.