Citing The Defiant, Flare’s total value locked (TVL) is nearing its recent peak of $208.9 million as liquid staking protocol Firelight prepares to launch on the Flare mainnet by the end of November. Firelight will allow XRP holders to lock their tokens and receive a liquid stXRP token for use in Flare’s DeFi sector, a feature not previously available. Flare’s TVL currently stands at around $203 million, up from $174 million in early November. Xaman Wallet, set to launch in December, will enable users to send transactions on Flare without moving their XRP off the XRP Ledger, bridging liquidity between the two ecosystems.
Flare TVL Nears $208M as Firelight Prepares XRP Liquid Staking Launch
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