The Protection Layer
The Protection Layer
The Protection Layer
for Digital Assets
for Digital Assets
for Digital Assets
Firelight covers the onchain infrastructure behind your product
Firelight covers the onchain infrastructure behind your product
Firelight covers the onchain infrastructure behind your product
The information on this website is for informational purposes only and does not constitute an offer to sell or solicitation by Firelight in any jurisdiction.
Firelight does not provide professional advice, and this information should not be construed as personalized recommendations. By accessing this website, you acknowledge that you have read and agree to these terms.
The information on this website is for informational purposes only and does not constitute an offer to sell or solicitation by Firelight in any jurisdiction.
Firelight does not provide professional advice, and this information should not be construed as personalized recommendations. By accessing this website, you acknowledge that you have read and agree to these terms.
The information on this website is for informational purposes only and does not constitute an offer to sell or solicitation by Firelight in any jurisdiction.
Firelight does not provide professional advice, and this information should not be construed as personalized recommendations. By accessing this website, you acknowledge that you have read and agree to these terms.
You build the experience.
Firelight protects what's underneath.
You build the experience.
Firelight protects what's underneath.
You build the experience.
Firelight protects what's underneath.
Builders use DeFi infrastructure to deliver onchain yield to their users. Firelight adds a protection layer to that infrastructure, with transparent, verifiable terms designed to cover defined protocol failures.
Capital providers back the protection and earn yield in return.
Builders use DeFi infrastructure to deliver onchain yield to their users. Firelight adds a protection layer to that infrastructure, with transparent, verifiable terms designed to cover defined protocol failures.
Capital providers back the protection and earn yield in return.
Builders use DeFi infrastructure to deliver onchain yield to their users. Firelight adds a protection layer to that infrastructure, with transparent, verifiable terms designed to cover defined protocol failures.
Capital providers back the protection and earn yield in return.
Protection for Onchain Products
Firelight delivers automated, on-chain protection for digital asset products and sustainable, yield-based returns for the capital behind it.
Comprehensive Risk Mitigation
Comprehensive Risk Mitigation
Protect on-chain earn programs with institutional-grade cover built on transparent terms, independent claims review, and programmatic payouts.
Protect on-chain earn programs with institutional-grade cover built on transparent terms, independent claims review, and programmatic payouts.
Institutional Readiness
Built with the resilience, controls, and scale required by institutional liquidity providers and vault operators.
Programmatic Yield
Programmatic Yield
Earn via fees paid by leading digital asset platforms that enable Firelight coverage.
Earn via fees paid by leading digital asset platforms that enable Firelight coverage.
How Firelight Enables a DeFi Cover Marketplace
1
Deploy Capital
Stakers allocate assets to non-custodial vaults, backing a diversified portfolio of cover markets.
1
Deploy Capital
Stakers allocate assets to non-custodial vaults, backing a diversified portfolio of cover markets.
2
Set Coverage Terms
Firelight registers each market’s coverage terms—scope, price, capacity—onchain, while vault operators enable coverage.
2
Set Coverage Terms
Firelight registers each market’s coverage terms—scope, price, capacity—onchain, while vault operators enable coverage.
3
Earn Rewards
Stakers receive their proportional share of the coverage fees paid by program operators, distributed each period.
3
Earn Rewards
Stakers receive their proportional share of the coverage fees paid by program operators, distributed each period.
4
Resolve Incidents
When an incident occurs, the independent Risk Consortium validates it against published coverage criteria.
4
Resolve Incidents
When an incident occurs, the independent Risk Consortium validates it against published coverage criteria.
How Firelight Enables a DeFi Cover Marketplace
How Firelight Enables a DeFi Cover Marketplace
1
Deploy Capital
Stakers allocate assets to non-custodial vaults, backing a diversified portfolio of cover markets.
2
Set Coverage Terms
Firelight registers each market's coverage terms - scope, pricing, capacity - onchain, where vault operators enable cover on their vaults.
3
Earn Rewards
Stakers receive their proportional share of the coverage fees paid by program operators, distributed each period.
4
Resolve Incidents
When an incident occurs, the independent Risk Consortium validates it against published coverage criteria.
The Strategic Advantage of Integrating Firelight
Give your platform a new layer of value: stronger user trust, better capital retention, and a safer experience, without changing how you operate.
The Status Quo
On-chain products stall because users can't quantify the risk.
Vague, unverifiable protection promises erode credibility.
Strong architecture, but perceived risk still drives users away.
Verifiable protection unlocks deposits from risk-conscious users.
Verifiable protection unlocks deposits from risk-conscious users.
Transform complex on-chain risk into clear and transparent coverage terms.
Transform complex on-chain risk into clear and transparent coverage terms.
Visible protection turns safety into a selling point.
Visible protection turns safety into a selling point.
The Status Quo
On-chain products stall because users can't quantify the risk.
Vague, unverifiable protection promises erode credibility.
Strong architecture, but perceived risk still drives users away.
Verifiable protection unlocks deposits from risk-conscious users.
Transform complex on-chain risk into clear and transparent coverage terms.
Visible protection turns safety into a selling point.
Independent Oversight for Every Cover Event
Independent Oversight for Every Cover Event
Independent Oversight for Every Cover Event
The Firelight Risk Consortium is an independent panel of leading security and risk firms that reviews cover events, so payouts are assessed with expert rigor rather than adjudicated in-house.
Coverage Eligibility
Coverage Eligibility
Coverage Eligibility
Firelight enables coverage for the major technical and economic failure modes of on-chain protocols:
Smart Contract Exploits
Smart Contract Exploits
Smart Contract Exploits
Bugs or vulnerabilities in a covered protocol's code, such as logic errors, reentrancy, access control failures, upgrade flaws.
Bugs or vulnerabilities in a covered protocol's code, such as logic errors, reentrancy, access control failures, upgrade flaws.
Bugs or vulnerabilities in a covered protocol's code, such as logic errors, reentrancy, access control failures, upgrade flaws.
Oracle Failures
Oracle Failures
Oracle Failures
Incorrect price data related to misconfigured or stale feeds, compromised sources, or price manipulation.
Incorrect price data related to misconfigured or stale feeds, compromised sources, or price manipulation.
Incorrect price data related to misconfigured or stale feeds, compromised sources, or price manipulation.
Governance Exploits
Governance Exploits
Governance Exploits
Hijacked governance such as flash-loan voting attacks, malicious upgrades, exploited governance contracts.
Hijacked governance such as flash-loan voting attacks, malicious upgrades, exploited governance contracts.
Hijacked governance such as flash-loan voting attacks, malicious upgrades, exploited governance contracts.
Bad Debt from Mechanism Failure
Bad Debt from Mechanism Failure
Bad Debt from Mechanism Failure
Liquidation or collateral mechanisms malfunction, socializing unrecoverable bad debt to depositors.
Your assets are protected with cutting-edge security protocols.
Liquidation or collateral mechanisms malfunction, socializing unrecoverable bad debt to depositors.
Depegs from Mechanism Failure
Depegs from Mechanism Failure
Depegs from Mechanism Failure
A pegged asset breaks from its reference value because its stabilization mechanism fails.
A pegged asset breaks from its reference value because its stabilization mechanism fails.
A pegged asset breaks from its reference value because its stabilization mechanism fails.
Redemption Failures
Redemption Failures
Redemption Failures
A protocol defect blocks withdrawals or returns materially less than fair value.
A protocol defect blocks withdrawals or returns materially less than fair value.
A protocol defect blocks withdrawals or returns materially less than fair value.
Security and Audits
Firelight's contracts are audited by OpenZeppelin, Coinspect, and 0xMacro, and a public bug bounty with Immunefi.
Firelight uses Flare's FAssets to bridge XRP into the ecosystem as FXRP. The FAssets infrastructure is overcollateralized, decentralized, and extensively audited.
Incubated by Sentora
Incubated by Sentora
Incubated by Sentora
Sentora, a market leader in institutional digital finance, curates over 1,000 risk management models, with billions deployed into digital asset strategies.
Sentora, a market leader in institutional digital finance, curates over 1,000 risk management models, with billions deployed into digital asset strategies.
1,000+
1,000+
Risk Models
$2B
$2B
IN ASSETS DEPLOYED
300+
300+
Strategies Monitored
Team
Meet the people behind Firelight
LEADERSHIP
THE TEAM
Gabriel Halm
RESEARCH
Anton Ohneseit
RISK
Vrinda Kudaisya
MARKETING
Alejandro Garrido
BLOCKCHAIN ENGINEER
Ignasi Ramos
BLOCKCHAIN ENGINEER
Filip Lasic
PROTOCOL ENGINEER
Insights
Explore our latest articles
Firelight Protocol Raises $8 Million to Build Cover Infrastructure for DeFi
Seed round led by Gumi Cryptos Capital will accelerate development of decentralized protection against protocol and smart contract risk
Everything Stakers Need to Know About Phase 2
Firelight Protocol Phase 2 moves the protocol from liquidity bootstrapping into the full live protocol. Phase 1 built the base of staked capital. Phase 2 activates three changes at once: capital migrates automatically into active positions, streamed emissions and slashing exposure go live, and the unstaking window extends to align with cover periods. Together, these changes turn staked FXRP into the backing capital for the cover DeFi vaults, with the first launch partners to be announced soon.
How Native Strengthens Firelight's Risk Consortium
The Firelight Risk Consortium brings an entirely new approach to how DeFi addresses risk events and claim validation. Its success depends on bringing together strong expertise across risk management areas. While threat detection platforms identify incidents and exploits, insurance underwriters and brokers understand how these exploits translate into coverage and whether a loss qualifies under those terms. That's where Native's participation is essential.
Why Hypernative Strengthens the Firelight Risk Consortium
Hypernative's role within the Firelight Risk Consortium is an integral one, bringing industry-leading threat intelligence and security monitoring capabilities to help deliver transparent, objective, and technically rigorous claims assessments.
Introducing the Firelight Risk Consortium
Firelight launches risk consortium with GFX Labs, Hypernative, Credora, Native, and Cyfrin to provide a transparent neutral review process for onchain cover events.
DeFi Requires Protection Before It Can Scale
DeFi has solved for capital formation, liquidity access, and permissionless execution. Protection remains unsolved.
Firelight Partners with Lombard to Enable Bitcoin as a DeFi Coverage Asset
Firelight Protocol is partnering with Lombard, the protocol behind LBTC, BTC.b, and Bitcoin Smart Accounts, to explore how Bitcoin could be used within DeFi coverage markets. The collaboration is currently focused on two potential paths: covered Bitcoin Smart Account DeFi vaults for Lombard users, and a Bitcoin-backed coverage vault on the Firelight side where deposited BTC could serve as collateral backing coverage capacity.
Tranches Mitigate. Cover Protects.
Why a senior tranche position is not insurance, and what cover actually addresses.
Firelight Protocol Raises $8 Million to Build Cover Infrastructure for DeFi
Seed round led by Gumi Cryptos Capital will accelerate development of decentralized protection against protocol and smart contract risk
Everything Stakers Need to Know About Phase 2
Firelight Protocol Phase 2 moves the protocol from liquidity bootstrapping into the full live protocol. Phase 1 built the base of staked capital. Phase 2 activates three changes at once: capital migrates automatically into active positions, streamed emissions and slashing exposure go live, and the unstaking window extends to align with cover periods. Together, these changes turn staked FXRP into the backing capital for the cover DeFi vaults, with the first launch partners to be announced soon.
How Native Strengthens Firelight's Risk Consortium
The Firelight Risk Consortium brings an entirely new approach to how DeFi addresses risk events and claim validation. Its success depends on bringing together strong expertise across risk management areas. While threat detection platforms identify incidents and exploits, insurance underwriters and brokers understand how these exploits translate into coverage and whether a loss qualifies under those terms. That's where Native's participation is essential.
Why Hypernative Strengthens the Firelight Risk Consortium
Hypernative's role within the Firelight Risk Consortium is an integral one, bringing industry-leading threat intelligence and security monitoring capabilities to help deliver transparent, objective, and technically rigorous claims assessments.
Firelight Protocol Raises $8 Million to Build Cover Infrastructure for DeFi
Seed round led by Gumi Cryptos Capital will accelerate development of decentralized protection against protocol and smart contract risk
Everything Stakers Need to Know About Phase 2
Firelight Protocol Phase 2 moves the protocol from liquidity bootstrapping into the full live protocol. Phase 1 built the base of staked capital. Phase 2 activates three changes at once: capital migrates automatically into active positions, streamed emissions and slashing exposure go live, and the unstaking window extends to align with cover periods. Together, these changes turn staked FXRP into the backing capital for the cover DeFi vaults, with the first launch partners to be announced soon.
How Native Strengthens Firelight's Risk Consortium
The Firelight Risk Consortium brings an entirely new approach to how DeFi addresses risk events and claim validation. Its success depends on bringing together strong expertise across risk management areas. While threat detection platforms identify incidents and exploits, insurance underwriters and brokers understand how these exploits translate into coverage and whether a loss qualifies under those terms. That's where Native's participation is essential.
Why Hypernative Strengthens the Firelight Risk Consortium
Hypernative's role within the Firelight Risk Consortium is an integral one, bringing industry-leading threat intelligence and security monitoring capabilities to help deliver transparent, objective, and technically rigorous claims assessments.
Introducing the Firelight Risk Consortium
Firelight launches risk consortium with GFX Labs, Hypernative, Credora, Native, and Cyfrin to provide a transparent neutral review process for onchain cover events.
DeFi Requires Protection Before It Can Scale
DeFi has solved for capital formation, liquidity access, and permissionless execution. Protection remains unsolved.
Learn more about Firelight’s cover infrastructure
Learn more about Firelight’s cover infrastructure
Frequently Asked Questions
Frequently Asked Questions
Find quick answers to the most common questions about Firelight
How will Firelight enable rewards?
How does XRP staking work?
What is the role of the Flare Network?
What events are covered?
What can be done with Firelight Points?
What happens when covered events occur?
How is Firelight different from insurance?
How will Firelight enable rewards?
How does XRP staking work?
What is the role of the Flare Network?
What events are covered?
What can be done with Firelight Points?
What happens when covered events occur?
How is Firelight different from insurance?
Need More Details?
Need More Details?
Check out Firelight’s documentation.
Start Staking Now
Start Staking Now
Staking XRP and earning rewards is only minutes away.
Staking XRP and earning rewards is only minutes away.