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SoSo Daily Jun. 19 | SoSoValue Launches High-Performance Trading Chain SoDEX Testnet, Whitelist Now Open
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SoSo Daily Jun. 19 | SoSoValue Launches High-Performance Trading Chain SoDEX Testnet, Whitelist Now Open
SoSo Daily Jun. 19 | SoSoValue Launches High-Performance Trading Chain SoDEX Testnet, Whitelist Now Open
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Al-Driven Crypto Investment Research Revolution

Flare

$0.01746-2.18%
FLR/USDT
OKX
Total dollar volume:
Market Cap:
FDV:
Turnover rate:
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Ever wish you could stake XRP and earn yield like on Ethereum? XRP Ledger does not support native staking. But thanks to the invention of stXRP, soon you can, on Flare. Here’s how it works 🧵 Step 1: Bridge XRP → FXRP on Flare 🔹 Deposit XRP via FAssets 🔹 Flare Data Connector verifies it 🔹 You receive FXRP (ERC-20) on Flare You can already use FXRP in DeFi on Songbird today. Expect even more DeFi use cases once it hits mainnet. Step 2: Stake FXRP → Get stXRP 🔸 Deposit FXRP into the Firelight Vault 🔸 The LST contract mints stXRP 🔸 Your FXRP is staked to Secured Service Networks (SSNs), helping secure protocols across ecosystems while earning additional rewards. stXRP = your staking receipt + yield Now what can you do with it? Use Cases for stXRP 1️⃣ Borrow Use stXRP as collateral to unlock liquidity without selling. Earn rewards (like rFLR) while you borrow. 2️⃣ LP Provide stXRP liquidity on DEXs and earn trading fees on top of staking yield. 3️⃣ Leverage Use stXRP in protocols like Cyclo for liquidation-free leverage. ⚙️ The flywheel → More XRP bridged and staked → More utility & liquidity for stXRP → stXRP becomes more attractive to hold → Even more XRP flows in The XRP DeFi loop just got started. We’re working hard to get it in your hands. Guides, tutorials, and full walkthroughs coming soon. Follow along 👉 @firelightfi
#DeFi
$FLR
FlareNetworks
11 hours ago
Restaking is redefining the risk-reward game in DeFi, boosting validator yield and unlocking new opportunities across ecosystems. Soon coming to XRP @SentoraHQ is hosting a panel today to dive into the shift 🔥 https://t.co/Fi12PpTgMs
#DeFi
$FLR
FlareNetworks
15 hours ago
Rymor has it: A lot of people are asking how to bridge assets to Flare. First time? Don’t worry, we’ve got you. Use @StargateFinance to seamlessly bridge USDC or USDT0 from another chain and start earning. https://t.co/uLsubjFdCc
#DeFi
$FLR
FlareNetworks
18 hours ago
We had an amazing time at @xrplapex! To celebrate #XRPFi, we ran a contest for the community, and the creativity blew us away 🎉Congrats to:@hanturksc @DieCsHamburg @BroemmelsiekGtr @jayinfo2 @Pius_Okoto @Davidleth1 @Kreativiti @Moonboy58248051 @jimmygoh_rsvc @itzbanknotezYou’ll be sharing the $10,000 prize pool 💰Community lead @sarah_n_crypto will be in touch 🫡
$FLR
FlareNetworks
1 day ago
📊 @MessariCrypto’s new Pulse Report is out! It breaks down how @FlareNetworks is transforming XRP into a DeFi asset. Explore our 300% TVL surge and see how @Firelightfi, the upcoming liquid staking platform, will power a new DeFi flywheel for XRP. https://t.co/C1UtYJcZGf
#DeFi
$FLR
$MAG7.SSI
$XRP
FlareNetworks
1 day ago
Flare is a Layer 1 built for data, its native stack delivers verifiable cross-chain activity and oracle feeds without external middleware. This powers FXRP’s security and sets Flare Networks apart. And FXRP? It’s for every XRP holder. Permissionless. Mint or redeem in seconds. https://t.co/ojRkvLjR1v
#Layer1
$FLR
$MAG7.SSI
$XRP
FlareNetworks
2 days ago
We heard the event was a hit 👏 Who wants to see it in their country next? Drop us a sign ✈️ An XRPFi roadshow with @easya_app, @Firelightfi, and @xrpl_commons sounds like fun. https://t.co/XyJXbGyX1w
$FLR
FlareNetworks
2 days ago
Flare Network leverages bridge technology to introduce XRP into DeFi, unlocking idle liquidity.
#DeFi
$FLR
$MAG7.SSI
$XRP
Cointelegraph.com News
2 days ago
XRP Gains DeFi Momentum Through Flare's FAssets and FXRP
#DeFi
$FLR
$MAG7.SSI
$XRP
CoinDesk
2 days ago
XRP is gaining serious momentum. Institutional adoption is scaling quietly but massively, from public companies holding XRP in treasury to cross-border payment integration, meanwhile the Hidden Road acquisition brings XRPL into a $3T+ institutional clearing network, making it a true backbone for settlement. Flare adds the missing layer → On-chain XRP yield and DeFi utility, completing Ripple’s vision and unlocking XRP's full valuation potential.
#DeFi
$FLR
$MAG7.SSI
$XRP
FlareNetworks
2 days ago
Together, we turn the XRPFi concept into everyday reality. https://t.co/VvxMtMgwGa
$FLR
FlareNetworks
3 days ago
Here’s how to really say “I got you, Dad” in 2025 1. Set him up with a FLR wallet 2. Load it with a little something nice 3. Wrap that FLR & enable auto-claim like a pro 4. Show him how to compound rewards with Flare DeFi Bonus points: Teach him how to bridge his XRP securely with FAssets over a drink 😎 He taught you how to ride a bike. You teach him how to ride the yield wave 🌊
#DeFi
$FLR
$MAG7.SSI
$XRP
FlareNetworks
3 days ago
FLR has surged 35% in 30 days, riding momentum from the launch of 𝐅𝐀𝐬𝐬𝐞𝐭𝐬 on Songbird and new DeFi traction. Now trading at $0.0188 — still down 75% from ATH, but bulls eye a move toward $0.0657 if momentum holds. Keep watching — this could be a slow burner or a fast fade. Wrapped utility only matters if users show up. #Flare #DeFi #Altcoins #Crypto
#DeFi
$FLR
$SGB
TradedogCrypto
4 days ago
Feeling recharged seeing so many people building XRPFi — from builders to content creators, from Singapore to the world. Are you building on XRPFi too? Show up and win some FLR ⚡ https://t.co/4oRFaILfuA
#Layer1
$FLR
FlareNetworks
4 days ago
While we wait for the recording of @HugoPhilion’s XRP staking deep dive with @apex_xrpl, here’s a quick 9-minute intro: What @FlareNetworks is, and what’s coming next. Thanks for having us @CoinDesk 🎙️ https://t.co/mHyibN69r4
#Layer1
$FLR
$MAG7.SSI
$XRP
FlareNetworks
4 days ago
Uphold CEO discusses XRP staking via Flare, weighs US regulatory hurdles https://t.co/Qi6qE9pPP9
$FLR
$MAG7.SSI
$XRP
TheBlock__
5 days ago
Flare's institutional journey is accelerating fast. This week alone, we've seen a wave of major moves signaling growing confidence in @FlareNetworks and the emerging XRPFi economy: • @Vivo_Power is committing $100.00M in XRP in Flare DeFi • Partnering with @BitGo to bring institutional-grade custody to Flare • U.S. exchange @UpholdInc, which holds billions in XRP, is actively exploring yield opportunities on Flare At the same time, XRP reserves are gaining traction as a strategic institutional asset: • Trident Digital has created an XRP treasury of up to $500.00M • Webus International is establishing a $300.00M XRP reserve Institutions aren't sleeping on XRP and XRPFi. Neither should you.
#DeFi
$FLR
$MAG7.SSI
$XRP
FlareNetworks
5 days ago
Flare 🤝 @easya_app We’re teaming up with EasyA to launch the #60DaysOfFlare campaign! An in-app challenge + A flagship in-person hackathon = A global push to bring in fresh builders to @FlareNetworks and accelerate the growth of #XRPFi. https://t.co/MQd746h71t
#Layer1
$FLR
FlareNetworks
5 days ago
Uphold CEO Discusses XRP Staking via Flare and U.S. Regulatory Challenges
#DeFi
$FLR
$MAG7.SSI
$XRP
The Block
5 days ago
$FLR and $SGB are now supported by @BitGo—a globally trusted and licensed custodian.This marks a major step in making @FlareNetworks institutional-ready, with secure access across the U.S. and Europe.A catalyst for Flare’s growth, with staking support coming soon. https://t.co/9OwBp5DpYa
#Layer1
$FLR
FlareNetworks
6 days ago
Scan QR Code to Explore more key information
Al-Driven Crypto Investment Research Revolution
Flare Network
Layer-one blockchain
flare
Twitter
Medium
LinkedIn
Categories:
Layer1
Infra
Region:
Britain
Founded:
2019
Flare is a Layer-1 blockchain that enables secure, universal interoperability between chains, scaling blockchain use by allowing all digital assets and on-chain information to flow freely. Its consensus protocol for external data allows decentralized applications on Flare to safely and trustlessly acquire and use information from other blockchains and real-world data sources, solving the oracle problem and ushering in a new era of utility.
Flare Network Fundraising
Amount
$35M
Valuation
--
Date
Feb 23, 2024
Investors
Kenetic Capital
Syntax Capital
Amount
$12M
Valuation
--
Date
Jun 08, 2021
Investors
Kenetic Capital*
Wave Digital Assets
LD Capital
Borderless Capital
Do Kwon
CoinFund
Digital Currency Group
cFund
Charlie Lee
Backend Capital
Investor
DWF Labs
Singapore
Borderless Capital
Wintermute
Britain
CoinFund
United States
LD Capital
Hong Kong
Chinese Mainland
Digital Currency Group
United States
Kenetic Capital
Wave Digital Assets
United States
Syntax Capital
Charlie Lee
Backend Capital
cFund
Do Kwon
Flare Network Team
Hugo Philion
Co-Founder and CEO
Nairi Usher
Chief Scientist
Scan QR Code to Explore more key information

Flare

FLR

Flare Network
Layer-one blockchain
flare
Twitter
Medium
LinkedIn
Categories:
Layer1
Infra
Region:
Britain
Founded:
2019
Flare is a Layer-1 blockchain that enables secure, universal interoperability between chains, scaling blockchain use by allowing all digital assets and on-chain information to flow freely. Its consensus protocol for external data allows decentralized applications on Flare to safely and trustlessly acquire and use information from other blockchains and real-world data sources, solving the oracle problem and ushering in a new era of utility.
Flare Network Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
--$35M--Feb 23, 2024
Kenetic Capital
Syntax Capital
--$12M--Jun 08, 2021
Kenetic Capital*
Wave Digital Assets
LD Capital
Borderless Capital
Do Kwon
CoinFund
Digital Currency Group
cFund
Charlie Lee
Backend Capital
Investor
DWF Labs
Singapore
Borderless Capital
Wintermute
Britain
CoinFund
United States
LD Capital
Hong Kong
Chinese Mainland
Digital Currency Group
United States
Kenetic Capital
Wave Digital Assets
United States
Syntax Capital
Charlie Lee
Backend Capital
cFund
Do Kwon
Flare Network Team
Hugo Philion
Co-Founder and CEO
Nairi Usher
Chief Scientist
Powered by
Flare
FLR
$0.01746
-2.18%
Total dollar volume24H
$5,211,755
High24H
0.01828 USDT
Low24H
0.01699 USDT
Market Cap
#67$1,179,916,898
FDV
$1,808,202,958
Market Cap / FDV Ratio
0.65
Turnover rate
0.44%
Circulating supply
67,578,287,402
Total supply
103,562,597,805
Max supply
∞
All time high
0.09 USDT
All time high date
Jan 10, 2023
Down from All time high
-80.60%
Cycle low
0.00811 USDT
Cycle low date
Oct 19, 2023
Up from cycle low
115.29%
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Medium
Discord
Youtube
Linkedin
Introduction

Flare Network (FLR) is a Layer-1 blockchain designed to enable interoperability and bridge assets across different blockchains, with its native token, FLR, used for transaction fees, governance, and interacting with smart contracts. As an EVM-compatible platform, Flare allows developers to build decentralized applications (dApps) using familiar Ethereum tools, broadening its appeal in the Web3 space.

One of Flare’s core strengths lies in its two unique protocols: the State Connector and the Flare Time Series Oracle (FTSO). The State Connector facilitates secure and decentralized data retrieval from external blockchains, allowing information from various sources to be utilized within Flare’s ecosystem. This enhances the platform’s ability to integrate cross-chain data into decentralized applications. On the other hand, the FTSO provides decentralized, real-time data feeds, such as cryptocurrency prices, by collecting inputs from independent data providers and using a weighted stake-based system to publish accurate estimates on-chain​.

In recent developments, Flare has made significant strides in optimizing its ecosystem. A key move was the burning of over 400 million FLR tokens, part of a broader effort to reduce token supply and improve the health of the ecosystem. This token burn reflects Flare’s commitment to its community by preventing inflation and supporting the token’s long-term value.

Flare has also integrated with Stargate V2, a major liquidity bridge, which connects Flare to over 25 blockchains, including Ethereum and Arbitrum. This integration facilitates seamless cross-chain asset transfers and deepens liquidity on the Flare network, enhancing its decentralized finance (DeFi) capabilities​. Additionally, Flare has launched a 510 million FLR emissions program to incentivize developers and boost liquidity, attracting new dApps to its ecosystem.

Above are only for introduction, not intended as investment advice.

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05:59Abracadabra attacker transfers 3,000 ETH to Tornado Cash
05:58Abracadabra attacker transfers 3,000 ETH to Tornado Cash
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