Overview
- FXRP circulating supply is about 100.23 million tokens (roughly $140 million) minted through 38,030 transactions.
- An estimated 60%–70% of FXRP is actively deployed across staking, lending, and structured vaults in XRPFi.
- Firelight holds around 21% of FXRP staked, and Upshift expanded vault capacity from roughly $6 million to $25 million.
- Lending activity includes about $39 million in borrowing on Kinetic and approximately $8 million on Morpho, deepening onchain liquidity.
- Co-founder Hugo Philion said the minting pause is a precaution with no exploit reported, with further details to be communicated before the upgrade.