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Clearstar raises its earnXRP deposit limit on Flare to 45 million FXRP, launches a new lending platf

2026-08-21 12:24:36
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Clearstar raises XRP earnings vault deposit cap to expand lending infrastructure

Clearstar Labs has increased its earnXRP vault deposit cap to 45 million FXRP (encapsulated XRP on the Flare network), or approximately $59 million at current prices. The move provides XRP holders with more room to put their idle funds into operation. Previously, a new stablecin lending channel has been launched, providing a new way for the treasury to deploy funds.

FXRP is an on-chain encapsulation token of XRP on the Flare network, representing XRP in the form of 1:1 ERC-20. It is held in an unmanaged vault that allocates funds among multiple select strategies and automatically reinvents the proceeds back to XRP. In the earnXRP structure, FXRP is used as collateral to borrow stablecoins at low cost; these stablecoins are then deployed to other DeFi agreements, where the proceeds exceed the borrowing costs; profits are returned to FXRP, while the treasury remains denominated in XRP.

Users can access the vault through Xaman Wallet's Flare Yield application. Withdraws follow a standard 72-hour window, or you can choose to withdraw immediately after paying the fee.

Expansion of lending infrastructure supports increase in deposit ceiling

This increase in the ceiling is directly due to the continued development of infrastructure surrounding FXRP lending. XRP holders can now borrow Ripple's RLUSD stablecoins on Ethereum using FXRP as collateral through a new segregated market on Morpho Blue. The market is managed by Sentora, which approved FXRP as collateral after reviewing its market behavior, oracle design, liquidity and clearing capabilities (based on the institutional risk framework). Flare's encapsulated tokens have been accepted as collateral by Sentora, which manages a $280 million Ripple RLUSD stablecoin lending pool.

Flare said that this integration solves one of the biggest challenges XRP DeFi faces: obtaining deep stablecoin liquidity. Historically, limited borrowing capabilities have restricted FXRP-based strategies and reduced capital efficiency. More borrowing capacity means earnXRP Treasury can deploy larger positions, thereby supporting higher deposit ceilings.

Currently, although XRP is one of the cryptocurrencies measured by market value, only 0.1% of its supply is used for DeFi. The earnXRP vault was originally launched with a deposit limit of only 5 million FXRP, and has grown steadily as the ecosystem on the Flare chain matures. The treasury's target yield range is approximately 4% to 10%, depending on the size of the treasury.

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