From TokenPost · · 40s
Flare's FXRP Supply in DeFi
Nearly 90% of Flare's XRP FAssets deployed in decentralized finance by Oct 5.
In brief
Nearly 90% of Flare's XRP FAssets deployed in decentralized finance by Oct 5. Flare's FAsset representation of XRP (FXRP) has nearly 90% of its supply deployed in DeFi applications as of October 5. Originally reported by TokenPost.
FXRP Deployment in DeFi
Nearly 90% of Flare's FAsset representation of XRP (FXRP) supply was deployed in decentralized finance by Oct 5.
FXRP Circulation and Retention
About 129 million FXRP deployed compared to 145 million in circulation as of late September, with 95% retention from July deployment.
DeFi Distribution Breakdown
Lending markets held 52% of deployed FXRP, firelight staking 39%, and decentralized exchanges 8% in October.
The one thing
Flare's FAsset representation of XRP (FXRP) has nearly 90% of its supply deployed in DeFi applications as of October 5.
