POPA ReconFlare Puts 129M XRP to Work in DeFi
Flare Puts 129M XRP to Work in DeFi FXRP, Flare’s 1:1 version of XRP, went live in September 2025, and its 5M launch cap filled in four hours. Supply reached 155M by April 2026. Today 129M FXRP, about 90% of the supply, is deployed in DeFi: 52% in lending, 39% in Firelight staking and 8% in DEX liquidity. Flare’s DeFi TVL is $202M, and its five largest protocols are all built around XRP. Flare’s 2.2B FLR in incentives ended in July, and FXRP in DeFi has slipped only 5% since then, from 136M to 129M. FLR inflation was cut from 5% to 3% in May. The gap is revenue: about $2.3M a year, agains…
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