Ultimate Risk Protection
Comprehensive on-chain protection for the technical and economic risks that matter.
Embedded DeFi coverage
The Protection Layer
for Digital Assets
Institutional-grade embedded coverage for on-chain solutions.
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.
We have spent years stress-testing risk models across the ecosystem. Firelight leverages this proprietary dataset to create a capital-efficient protocol capable of enabling coverage for technical and economic risk.
Jesus RodriguezCo-founder and CPO of Sentora
Why Firelight
Protection that makes
on-chain markets stronger.
Firelight enables economic protection for DeFi assets with smart, on-chain cover mechanics while unlocking sustainable rewards for stakers.
Token Rewards
Earn rewards through programmatic exposure to tier-one DeFi protocols.
Institutional Readiness
Built with the resilience, controls and scale required by institutional liquidity.
The economic security engine
Clear risk.
Clear rewards.
Clear purpose.
Firelight transforms staked digital assets into protection for DeFi. Builders buy transparent cover; stakers earn fees for backing it.
↓Coverage eligibility
Designed for the risks
DeFi cannot ignore.
Firelight enables digital asset coverage for major economic and technical risks.
01
Smart Contract Exploits
Losses caused by bugs or vulnerabilities exploited in protocol code.
02
Reentrancy Failures
Repeated withdrawals caused before balances update correctly.
03
Oracle Manipulation
Losses caused by manipulation of price feeds used by a protocol.
04
Governance Attacks
Malicious governance actions that alter protocol rules or drain funds.
05
Bad Debt
When protocol liabilities exceed collateral and cannot be fully repaid.
How it works
A DeFi cover marketplace,
built into the protocol.
- 01
Stake Assets
Assets are programmatically secured in non-custodial DeFi cover vaults.
- 02
Coverage Framework
Coverage frameworks are registered on-chain so third parties can purchase cover.
- 03
Earn Fees
Automated cover contracts entitle stakers to a share of fees from cover buyers.
- 04
Process Events
An independent consortium reviews events before funds are programmatically dispersed.
Staking mechanism
Earn without
sacrificing liquidity.
Stake XRP through Firelight and receive a liquid staking token that represents your position.
Stake XRPInstitutional-grade
Built with leading technology partners to deliver secure, scalable infrastructure.
Use in DeFi
Take your XRP LST into DeFi to access new opportunities while your principal remains staked.
Unlock Anytime
Initiate unstaking and XRP unlocks automatically after the applicable unbonding period.
Incubated by Sentora
Institutional DeFi experience,
built into every layer.
Sentora curates over 1,000 risk management models, with billions deployed into DeFi strategies.
1,000+Risk models
$2BAssets deployed
300+Strategies monitored
Security & audits
Layered security.
Independent scrutiny.
Firelight uses Flare’s fully overcollateralized FAssets bridge to bring XRP into the protocol, providing a robust on/off-ramp into DeFi.
The protocol has completed audits by OpenZeppelin and Coinspect and maintains a bug bounty program supported by Immunifi.
View AuditsFrequently asked questions
Quick answers.
No fine print.
How will Firelight enable rewards?+
Stakers provide the capital that backs on-chain cover and can receive protocol emissions and a share of cover fees, subject to protocol terms and risk.
How does XRP staking work?+
XRP is represented on Flare through FAssets, deposited into Firelight and exchanged for a liquid staking token representing the position.
What is the role of the Flare Network?+
Flare provides the smart-contract environment and the overcollateralized FAssets bridge used to bring XRP into DeFi.
What events are covered?+
Eligibility can include smart-contract exploits, reentrancy failures, oracle manipulation, governance attacks and bad debt, according to each cover agreement.
How is Firelight different from insurance?+
Firelight is a decentralized cover protocol with transparent, predefined on-chain mechanics. It is not a traditional insurance company or policy.