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Firelight Raises $8 Million to Backstop DeFi Vaults With Staked XRP

The Defiant·September 1, 2026·1 min read
Firelight Raises $8 Million to Backstop DeFi Vaults With Staked XRP

Firelight raised $8 million to backstop DeFi vaults with staked XRP. The Sentora-incubated cover protocol holds $76 million in staked XRP on Flare. First cover integrations go live this month, addressing a market where onchain protection covers about 0.1% of DeFi.

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