Clearstar’s $XRP Yield Vault Raises Deposit Cap Again.
The Clearstar earnXRP vault on Flare has grown to 33.73M FXRP, worth roughly $46.5M, after Flare raised its deposit cap for the second time. That’s more than 6x the original 5M FXRP cap at launch.
The vault lets XRP holders earn yield through on-chain strategies across Flare, targeting around 3% annually while keeping users in self-custody. More than 40M XRP is now earning yield through Flare Smart Accounts, showing growing demand for XRP-based DeFi.
With only a small fraction of XRP currently utilized in DeFi, products like earnXRP could play a bigger role in bringing XRP liquidity on-chain.
Sources: The Block, Crypto.news, Flare Network.
#Macro Insights# #XRP #Ripple
The Clearstar earnXRP vault on Flare has grown to 33.73M FXRP, worth roughly $46.5M, after Flare raised its deposit cap for the second time. That’s more than 6x the original 5M FXRP cap at launch.
The vault lets XRP holders earn yield through on-chain strategies across Flare, targeting around 3% annually while keeping users in self-custody. More than 40M XRP is now earning yield through Flare Smart Accounts, showing growing demand for XRP-based DeFi.
With only a small fraction of XRP currently utilized in DeFi, products like earnXRP could play a bigger role in bringing XRP liquidity on-chain.
Sources: The Block, Crypto.news, Flare Network.
#Macro Insights# #XRP #Ripple
