Flare Networks Fasset System is holding up very well through major market liquidations.
β¬οΈCrypto Market Liquidations Since Launchβ¬οΈ
$3.62 billion on September 21β22
$19.16 billion on October 10β11
$2.56 billion on January 31
$1.6β1.8 billion on June 3β4, 2026
Multiple additional $1 B+ events (including ~$1.7β2.2B waves in late 2025 and early-mid 2026)
Looking forward to seeing it perform during raging bull markets... Only a matter of time.
flare-networks:native
Jim Cramer saying Bitcoin is dead and Dave Portnoy saying he is panicking in the same day makes me feel like Iβm doing the right thing for sure. π
Been really impressed with $HYPE lately.
Their perp machine creates millions in fees, of which, 97%+ flows straight into OPEN MARKET buybacks. Automated.
Maybe @FlareNetworks should incentivize @SparkDexAI to route a big % of perp fees into $FLR buybacks the same way.
"@Firelightfi is that trust layer. Not because end users will ever know its name. Most of them won't. But because every platform that sits between DeFi protocols and mainstream users will need a way to answer a very simple question: what happens when something goes wrong?"
I'm ready.
Phase two should be launching prior to the end of the month π€
flare-networks:native
Anyone still here?! π€£π€£
Ideas in Crypto that are dead:
- Store of value against inflation/debasement
- Get rich quick on vapourware
Very much alive:
- Utility + charging fees or harvesting MEV that accrues to token economics
Flareβs myriad utilities:
- DeFi ecosystem for tokens that donβt have it
- Data & decentralised interoperability
- Compliant privacy
- Verifiable compute for on & offchain AI and financial uses
All can contribute through fees and MEV capture to Flareβs token economy.
14 years ago, we got together with an idea to build a better way to move value. What happened next was something none of us could have built alone.
And by "us," I don't just mean the three of us.
I mean the developers, validators, businesses, community members, and everyone who helped shape XRP into what it is today.
Happy Birthday, XRP!
The Clarity Act is the future of finance, laying the rules of the road and establishing America as the crypto capital of the world.
This bill says that the future of finance should be built in America, under American laws, and with American values.