coin-img-ETHETH+0.28%coin-img-BTCBTC+0.54%coin-img-SOLSOL+0.31%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-0.29%coin-img-TRXTRX+0.61%coin-img-HYPEHYPE+2.98%coin-img-GRAMTONGRAMTON-2.07%coin-img-ETHETH+0.28%coin-img-BTCBTC+0.54%coin-img-SOLSOL+0.31%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-0.29%coin-img-TRXTRX+0.61%coin-img-HYPEHYPE+2.98%coin-img-GRAMTONGRAMTON-2.07%coin-img-ETHETH+0.28%coin-img-BTCBTC+0.54%coin-img-SOLSOL+0.31%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-0.29%coin-img-TRXTRX+0.61%coin-img-HYPEHYPE+2.98%coin-img-GRAMTONGRAMTON-2.07%coin-img-ETHETH+0.28%coin-img-BTCBTC+0.54%coin-img-SOLSOL+0.31%coin-img-USDCUSDC-0.02%coin-img-XRPXRP-0.29%coin-img-TRXTRX+0.61%coin-img-HYPEHYPE+2.98%coin-img-GRAMTONGRAMTON-2.07%

XRP holders can now borrow RLUSD on Ethereum without selling, using Flare's wrapped FXRP as Morpho Blue collateral

AI Market Summary
Flare's FXRP being accepted as collateral on Morpho Blue enables XRP holders to borrow RLUSD on Ethereum without selling, improving capital efficiency and expanding XRP's DeFi utility. This can support demand for wrapped XRP, increase on-chain activity, and tighten integration between XRP exposure and Ethereum liquidity. Near-term market focus is on collateral adoption, liquidity depth, and liquidation dynamics.
Impact level
● Medium
Affected assets
XRP/USDT-0.23%
AI Insight · XRP/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
XRP holders now have a way to access liquidity on Ethereum without selling their tokens. FlareNetworks' wrapped FXRP is accepted as collateral on Morpho Blue, enabling users to borrow RLUSD against their XRP exposure.
XRP
XRP-0.36%
ETH
ETH+0.22%
Disclaimer: The content above is only the author's opinion and does not represent BingX’s stance. It shall not be construed as investment advice from BingX. For details, refer to the Terms and Conditions.

Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

Although BingX is committed to providing users with easy-to-use trading tools, trading itself is still a highly sophisticated field. Trading digital assets and their derivatives are subject to high market risk and price volatility and may result in partial or total loss of account funds. You must carefully consider and exercise clear judgment to evaluate your financial situation and the aforementioned risks before using BingX Services. You shall be responsible for all losses arising therefrom. If necessary, please consult relevant professionals to make informed decisions before investing. By accessing, downloading, using or clicking on "I agree" to accept any BingX Services provided by BingX, you agree that you have read, understood and accepted all of the terms and conditions stipulated in BingX Terms of Use as well as our Privacy Policy.


Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.