A Protocol for DeFi Cover

Stake XRP, protect DeFi, earn rewards.

The information on this website is for informational purposes only and does not constitute an offer to sell or solicitation by Firelight in any jurisdiction.

Firelight does not provide professional advice, and this information should not be construed as personalized recommendations. By accessing this website, you acknowledge that you have read and agree to these terms.

Why Firelight

Firelight protects DeFi assets with smart on-chain coverage while unlocking sustainable, real rewards for stakers.

Ultimate Risk Protection

Firelight Cover provides DeFi's most comprehensive on-chain risk protection.

XRP Rewards

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

Institutional Readiness

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

DEFI'S ECONOMIC SECURITY ENGINE

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

Clear risk. Clear rewards. Clear purpose.

WHAT FIRELIGHT COVERS

Smart Contract Risk

Economic
Risk

Oracle
Risk

Bridge
Risk

How it Works

Stake Assets

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

Cover Policies

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

Earn Fees

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

File and Process Claims

When a claim is filed, the agent submits it to an independent consortium for review and funds are programmatically dispersed upon approval.

Staking Mechanism

Firelight's staking mechanism for XRP 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.

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.

Incubated by Sentora

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

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.