Flare Network is a Layer 1 blockchain designed to extend the utility of XRP within the Ripple ecosystem by enabling smart contracts and decentralized finance. As the XRP Ledger does not natively support smart contracts, Flare allows XRP to be represented on its network (e.g. FXRP) and used in DeFi applications.
Key points:
Enables smart contract functionality for XRP
Allows XRP to be used in DeFi (lending, staking, yield)
Provides decentralized data via its native oracle system (FTSO)
Supports secure interaction with external data and networks
In practical terms, Flare expands XRP from a payments-focused asset into one that can participate in programmable financial applications.
Trade FLARE NETWORK on the XRP Ledger DEX at XRPL.to — sub-cent fees, 3-5 second settlement, no sign-up required.
Frequently Asked Questions about FLARE NETWORK
What is FLARE NETWORK?
FLARE NETWORK is a token issued on the XRP Ledger, listed 55 days ago. It has 14 holders and 38 trustlines. You can trade it on the XRP Ledger DEX with sub-cent fees and 3-5 second settlement.
Where can I buy FLARE NETWORK?
You can buy FLARE NETWORK directly on the XRP Ledger DEX through XRPL.to. Connect any XRPL wallet (Xaman, Crossmark, Gem Wallet) and swap XRP for FLARE NETWORK in one click — no centralized exchange or KYC required. The swap settles in 3-5 seconds.
What is the current price of FLARE NETWORK?
FLARE NETWORK is currently trading at 0.0000002926 XRP (+0.00% change in the last 24 hours). Live prices update every few seconds on XRPL.to as trades execute on the XRP Ledger DEX.
Is FLARE NETWORK verified on XRPL?
FLARE NETWORK has not yet been verified on XRPL.to. Always check the issuer address, holder count, and trading volume before buying any XRPL token. The issuer address for FLARE NETWORK is rHWFcYWmBtmTyQwJmxSKa5xnBnX2Jcncng.
How do I add a trustline for FLARE NETWORK?
To hold FLARE NETWORK, you need to set a trustline to the issuer (rHWFcYWmBtmTyQwJmxSKa5xnBnX2Jcncng) for the currency code 464C415245000000000000000000000000000000. Most XRPL wallets do this automatically when you initiate a swap on XRPL.to — no manual setup required. The trustline reserves 0.2 XRP, which is recoverable when you remove the trustline.
Flare Network is a Layer 1 blockchain designed to extend the utility of XRP within the Ripple ecosystem by enabling smart contracts and decentralized finance. As the XRP Ledger does not natively support smart contracts, Flare allows XRP to be represented on its network (e.g. FXRP) and used in DeFi applications.
Key points:
Enables smart contract functionality for XRP
Allows XRP to be used in DeFi (lending, staking, yield)
Provides decentralized data via its native oracle system (FTSO)
Supports secure interaction with external data and networks
In practical terms, Flare expands XRP from a payments-focused asset into one that can participate in programmable financial applications.
