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FAssets

Flare Chain
Bridge
TVL by Chain
AssetQuantity
Ripple$181.68M
Flare$10.82M

Protocol Information

FAssets is a trustless, over-collateralized bridge protocol on Flare that lets users mint wrapped versions of non-smart contract assets (e.g. XRP, BTC, DOGE) to use in DeFi, backed by on-chain collateral and Flare’s data oracles

Stats

Total Value Locked

$192,512,446

$192.51M

Methodology

Value of USDT0 and WFLR held in Agent's vaults and pools together with XRP tokens locked on XRPL either in core vault or in the escrows.