The Firelight deposits cap has been increased to 65 million FXRP. Follow our updates on official channels for more information

The Firelight deposits cap has been increased to 65M FXRP. Follow our updates on official channels for more information.

The Firelight deposits cap has been increased to 65M FXRP

Follow our updates on official channels for more information.

🔒 This content is private

We have spent years stress-testing risk models across the ecosystem.
Firelight leverages this proprietary dataset to do what others could not: create a capital-efficient, large-scale protocol capable of enabling coverage for technical and economic risk.

“We have spent years stress-testing risk models across the ecosystem. Firelight leverages this proprietary dataset to do what others could not: create a capital-efficient, large-scale protocol capable of underwriting technical and economic risk.”

“We have spent years stress-testing risk models across the ecosystem. Firelight leverages this proprietary dataset to do what others could not: create a capital-efficient, large-scale protocol capable of underwriting technical and economic risk.”

Jesus Rodriguez

CO-FOUNDER AND CPO OF SENTORA

Why Firelight

Why Firelight

Firelight enables economic protection for DeFi assets with smart, on-chain cover mechanics while unlocking sustainable, real rewards for stakers.

Firelight enables economic protection for DeFi assets with smart, on-chain cover mechanics while unlocking sustainable, real rewards for stakers.

Ultimate Risk Protection

Maximum Security

Firelight enables the creation of DeFi’s most comprehensive on-chain risk protection.

Your assets are protected with cutting-edge security protocols.

XRP Rewards

Earn staking rewards on XRP with programmatic exposure to tier-one DeFi protocols.

Institutional Readiness

Maximum Security

Build with the resilience, controls, and scale required by institutional liquidity providers and cover buyers.

Your assets are protected with cutting-edge security protocols.

DeFi's Economic Security Engine

Firelight transforms staked digital assets into protection for DeFi. Builders buy transparent cover; stakers earn fees for backing it.

Clear risk. Clear rewards. Clear purpose.

DeFi's Economic Security Engine

Firelight transforms staked digital assets into protection for DeFi. Builders buy transparent cover; stakers earn fees for backing it.

Clear risk. Clear rewards. Clear purpose.

Firelight Coverage Eligibility

Firelight Coverage Eligibility

Firelight enables digital asset coverage for major economic and technical risks.

Smart Contract Exploits

Losses caused by bugs or vulnerabilities exploited in the protocol’s smart contract code.

Reentrancy Failures

Losses caused by reentrancy vulnerabilities allowing repeated withdrawals before balances update correctly.

Oracle Manipulation

Losses caused by manipulation of price feeds used to determine protocol asset values.

Governance Attacks

Losses caused by malicious governance actions that alter protocol rules or drain funds.

Bad Debt

Losses caused when protocol liabilities exceed collateral and cannot be fully repaid.

Smart Contract Exploits

Losses caused by bugs or vulnerabilities exploited in the protocol’s smart contract code.

Oracle Manipulation

Losses caused by manipulation of price feeds used to determine protocol asset values.

Bad Debt

Losses caused when protocol liabilities exceed collateral and cannot be fully repaid.

Reentrancy Failures

Losses caused by reentrancy vulnerabilities allowing repeated withdrawals before balances update correctly.

Governance Attacks

Losses caused by malicious governance actions that alter protocol rules or drain funds.

How Firelight Enables a DeFi Cover Marketplace

1

Stake Assets

Stake assets through a DeFi cover staking layer, where funds are programmatically secured in non-custodial DeFi Cover vaults.

1

Stake Assets

Stake assets through a DeFi cover staking layer, where funds are programmatically secured in non-custodial DeFi Cover vaults.

2

Coverage Framework

DeFi coverage frameworks are registered on-chain, allowing third parties to securely purchase coverage through an agent.

2

Coverage Framework

DeFi coverage frameworks are registered on-chain, allowing third parties to securely purchase coverage through an agent.

3

Earn Fees

Through automated cover contracts, stakers are entitled to their share of fees from cover buyers.

3

Earn Fees

Through automated cover contracts, stakers are entitled to their share of fees from cover buyers.

4

Submit and Process Coverage Events

When a coverage event is submitted, the agent sends it to an independent consortium for review, and funds are programmatically dispersed upon approval.

4

Submit and Process Coverage Events

When a coverage event is submitted, the agent sends it to an independent consortium for review, and funds are programmatically dispersed upon approval.

How Firelight Enables a DeFi Cover Marketplace

How Firelight Enables a DeFi Cover Marketplace

1

Stake Assets

Stake assets through a DeFi cover staking layer, where funds are programmatically secured in non-custodial DeFi Cover vaults.

2

Coverage Framework

DeFi coverage frameworks are registered on-chain, allowing third parties to securely purchase coverage through an agent.

3

Earn Fees

Through automated cover contracts, stakers are entitled to their share of fees from cover buyers.

4

Submit and Process Coverage Events

When a coverage event is submitted, the agent sends it to an independent consortium for review, and funds are programmatically dispersed upon approval.

Staking Mechanism

Staking Mechanism

Firelight’s staking mechanism lets you earn rewards on your XRP without sacrificing liquidity. When you stake XRP through Firelight, the protocol automatically issues you a liquid staking token (LST) that represents your staked XRP. This token enables you to not only capture Firelight rewards, but also explore DeFi opportunities while your principal remains staked.

Firelight’s staking mechanism lets you earn rewards on your XRP without sacrificing liquidity. When you stake XRP through Firelight, the protocol automatically issues you a liquid staking token (LST) that represents your staked XRP. This token enables you to not only capture Firelight rewards, but also explore DeFi opportunities while your principal remains staked.

Institutional-grade

Firelight was developed through close collaboration with leading institutional technology partners, combining deep industry expertise and cutting-edge innovation to deliver a secure and scalable solution.

Institutional-grade

Firelight was developed through close collaboration with leading institutional technology partners, combining deep industry expertise and cutting-edge innovation to deliver a secure and scalable solution.

Institutional-grade

Firelight was developed through close collaboration with leading institutional technology partners, combining deep industry expertise and cutting-edge innovation to deliver a secure and scalable solution.

Use in DeFi

With your XRP LST, access a wide range of DeFi protocols, unlocking new opportunities to optimize potential rewards and returns.

Use in DeFi

With your XRP LST, access a wide range of DeFi protocols, unlocking new opportunities to optimize potential rewards and returns.

Use in DeFi

With your XRP LST, access a wide range of DeFi protocols, unlocking new opportunities to optimize potential rewards and returns.

Unlock Anytime

Your XRP is locked on the XRP Ledger when you stake, but unstaking is straightforward. Once you initiate the process, XRP is unlocked automatically after a brief unbonding period.

Unlock Anytime

Your XRP is locked on the XRP Ledger when you stake, but unstaking is straightforward. Once you initiate the process, XRP is unlocked automatically after a brief unbonding period.

Unlock Anytime

Your XRP is locked on the XRP Ledger when you stake, but unstaking is straightforward. Once you initiate the process, XRP is unlocked automatically after a brief unbonding period.

Incubated by Sentora

Incubated by Sentora

Incubated by Sentora

Sentora, a market leader in institutional DeFi, curates over 1,000 risk management models, with billions deployed into DeFi strategies.

Sentora, a market leader in institutional DeFi, curates over 1,000 risk management models, with billions deployed into DeFi strategies.

1,000+

1,000+

Risk Models

$2B

$2B

IN ASSETS DEPLOYED

300+

300+

Strategies Monitored

Security and Audits

Firelight uses Flare’s FAssets to bring XRP into the protocol. The FAssets bridge is fully overcollateralized, decentralized, and extensively audited, providing a robust on/off-ramp for XRP into DeFi.

Firelight has completed two audits—one by OpenZeppelin and one by Coinspect, and has a bug bounty program supported by Immunifi to help ensure maximum security.

Why Protocols Integrate Firelight

Why Protocols Integrate Firelight

Protocols that integrate Firelight unlock a new layer of value: higher user trust, stickier TVL, and a safer experience — all without touching their core mechanics. It’s a seamless way to offer peace of mind and stand out in a competitive DeFi landscape.

Others

Struggle to grow or retain TVL due to user uncertainty.
Lose credibility by relying on vague, unverifiable risk assumptions.
Blend into the crowd with no clear identity or competitive edge in a saturated DeFi market.
Unlock new institutional capital by providing security coverage.
Transform smart contract risk into collateral risk.
Enable more robust financial primitives.

Insights

Explore our latest articles

Firelight and Sentora to Launch Cover for DeFi Vaults

Firelight Protocol is proud to announce its integration with Sentora, the leading institutional DeFi risk curator, to provide native DeFi cover for Sentora’s public and private vaults.

The Resolv Exploit: A Case for Pricing Upstream Risk

The Resolv exploit exposed a deeper flaw in DeFi: risk doesn’t stop at the point of failure—it propagates through the entire system. As collateral breaks, oracles lag, and bad debt accumulates, the absence of continuous risk pricing becomes impossible to ignore. This piece explores why DeFi needs to move beyond static audits and start underwriting risk at its source.

Firelight Deposit Cap has been raised to 65 million FXRP

We’ve increased the deposit cap on Firelight Protocol to 65 million FXRP, following significant demand from the community after our Phase 1 launch. This cap increase enables participants to deploy FXRP and stake on Firelight.

Firelight Boost Month

We’re launching the Firelight Boost Month, a temporary point multiplier that kicks in automatically for anyone participating in eligible protocols.

The DeFi Mullet: FinTech in the Front, DeFi in the Back, and the Protection Gap in Between

Institutions are quietly using DeFi behind familiar fintech interfaces (“DeFi Mullet”), but traditional insurance can’t handle its fast, complex risks. A new, embedded, real-time protection model is needed—this is the gap Firelight aims to fill.

Sniper Cap NFT Recipients — Catch the Cap Campaign

The Catch the Caps campaign is officially underway! The first 100 depositors have already secured the Sniper Cap, kicking off the campaign and setting the pace for what’s next.

How Firelight Points Accrue Across DeFi

Firelight is pioneering a new model in DeFi: staking tied to DeFi cover. At the heart of this is stXRP, a token that represents staked XRP on the Firelight Protocol. In Phase 2 of the protocol, stXRP represents a tokenized claim on capital that backs DeFi cover, protecting assets across the broader ecosystem.

Catch the Caps

Firelight Protocol has officially launched, and we’re marking the occasion with Catch the Caps, a campaign rewarding depositors with limited-edition Firelight Cap NFTs and exclusive merch.

Frequently Asked Questions

Frequently Asked Questions

Find quick answers to the most common questions about Firelight

Find quick answers to the most common questions about Firelight

How will Firelight enable rewards?

How does XRP staking work?

What is the role of the Flare Network?

What events are covered?

What can be done with Firelight Points?

What happens when covered events occur?

How is Firelight different from insurance?

How will Firelight enable rewards?

How does XRP staking work?

What is the role of the Flare Network?

What events are covered?

What can be done with Firelight Points?

What happens when covered events occur?

How is Firelight different from insurance?

Need More Details?

Check out Firelight’s documentation.

Start Staking Now

Start Staking Now

Staking XRP and earning rewards is only minutes away.

Staking XRP and earning rewards is only minutes away.

© 2025 Firelight

The information contained on this website is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, products, services by Firelight or any of its affiliates, in any jurisdiction. No offer or solicitation is made to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws or other applicable laws of such jurisdiction, or where the person making such offer or solicitation is not qualified or licensed to do so. Firelight does not provide professional advice and nothing herein constitutes a recommendation, offer or advice. By accessing this website, you acknowledge that you have read and agree to the Terms and Conditions and the disclaimers.


Terms of Use and Disclaimers
This website and its contents may be subject to various regulatory restrictions. Users are responsible for ensuring compliance with all applicable laws and regulations in their respective jurisdictions.
By accessing this website, you acknowledge that you have read, understood, and agree to the Terms of Use and Privacy Policy.

© 2025 Firelight

The information contained on this website is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, products, services by Firelight or any of its affiliates, in any jurisdiction. No offer or solicitation is made to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws or other applicable laws of such jurisdiction, or where the person making such offer or solicitation is not qualified or licensed to do so. Firelight does not provide professional advice and nothing herein constitutes a recommendation, offer or advice. By accessing this website, you acknowledge that you have read and agree to the Terms and Conditions and the disclaimers.


Terms of Use and Disclaimers
This website and its contents may be subject to various regulatory restrictions. Users are responsible for ensuring compliance with all applicable laws and regulations in their respective jurisdictions.
By accessing this website, you acknowledge that you have read, understood, and agree to the Terms of Use and Privacy Policy.

© 2025 Firelight

The information contained on this website is for informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, products, services by Firelight or any of its affiliates, in any jurisdiction. No offer or solicitation is made to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws or other applicable laws of such jurisdiction, or where the person making such offer or solicitation is not qualified or licensed to do so. Firelight does not provide professional advice and nothing herein constitutes a recommendation, offer or advice. By accessing this website, you acknowledge that you have read and agree to the Terms and Conditions and the disclaimers.


Terms of Use and Disclaimers
This website and its contents may be subject to various regulatory restrictions. Users are responsible for ensuring compliance with all applicable laws and regulations in their respective jurisdictions.
By accessing this website, you acknowledge that you have read, understood, and agree to the Terms of Use and Privacy Policy.