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History & latest news

How Flare got here, and what each new update actually means, whether you're using Flare or building on it.

How we got here

  1. 2020December 2020XRP holders are snapshotted for the FLR airdrop
  2. 2022July 14, 2022Flare mainnet begins its phased launch
  3. 2023January 9, 2023FLR is distributed to holders (first 15%)
  4. 2023March 17, 2023First of 36 monthly FlareDrops
  5. 2025September 24, 2025FXRP, the first FAsset, goes live
  6. 2026January 30, 2026FlareDrops end after 36 months

Timeline sources: IQ.wiki: Flare (FLR) token · Plisio: Flare Network after three years · Flare enters FLR utility era after 36-month FlareDrops

Latest

Reviewed October 12, 2026. Roadmap items are plans, not promises.
Show what it means for
  • Oct 6, 2026DeFi

    Firelight cover goes live, backed by staked XRP

    Firelight, a DeFi cover protocol incubated by Sentora, launched coverage backed by about 50.2 million XRP staked on Flare. It protects covered vaults against risks like smart-contract exploits and oracle failures.

    For youSome vaults now come with optional cover. Read exactly what it covers before relying on it. Cover is not a guarantee.

    Source: Crypto Briefing: Firelight launches DeFi cover backed by staked XRP · The Block: Firelight launches XRP staking protocol on Flare

  • Feb 26, 2026XRP

    One-tap XRP yield arrives inside Xaman

    Xaman launched the Flare XRPFi Yield xApp, built on Flare Smart Accounts and FAssets. XRP holders deposit into Upshift's earnXRP vault with one XRPL-signed transaction.

    For youIf you use Xaman, you can earn on XRP with one approval, no new wallet and no FLR needed.

    Source: Xaman: Self-custodial yield through Flare Smart Accounts

  • Jan 30, 2026Token

    FlareDrops end after 36 months

    The monthly FlareDrop distributions under FIP.01 finished. Using Smart Accounts, FAssets and FXRP relies on Flare's data protocols, which consume more FLR than a plain transfer.

    For youNo more monthly drops. Rewards now come from delegating and staking your FLR.

    Source: Flare enters FLR utility era after 36-month FlareDrops

  • Dec 3, 2025XRP

    Firelight launches XRP staking on Flare (stXRP)

    Users deposit FXRP into Firelight and receive stXRP 1:1, which can be used across Flare DeFi. Staking rewards were planned for a later phase.

    For youstXRP is another step away from plain XRP. Each extra step adds risk, so start small.

    Source: The Block: Firelight launches XRP staking protocol on Flare