In many DeFi projects, it is common to see TVL drop right after the TGE. Honestly, we also had some concerns about TVL falling post-TGE.
However, our XRP deposits have been continuously growing, which proves the real demand for XRPfi.
Moving forward, our focus is to keep building the infrastructure so that more XRP holders and institutions can make full use of XRP.
👀The capital stayed for the XRP yield.
Too many token launches are a TVL story that ends the day the airdrop hits. @doppler_fi was different. The base:0x07b3d902783c3c12b077508c3b5c00113d1291d0 TGE was September 28. Nine days later, DefiLlama still shows raw XRP in the protocol at 88M with no post-airdrop hangover. XRP deposits climbed through 2025, stepped up hard into 2026, and held after the token went live on Binance Alpha, OKX, Kraken, and KuCoin.
👀The capital stayed for the XRP yield.
Too many token launches are a TVL story that ends the day the airdrop hits. @doppler_fi was different. The base:0x07b3d902783c3c12b077508c3b5c00113d1291d0 TGE was September 28. Nine days later, DefiLlama still shows raw XRP in the protocol at 88M with no post-airdrop hangover. XRP deposits climbed through 2025, stepped up hard into 2026, and held after the token went live on Binance Alpha, OKX, Kraken, and KuCoin.
Firelight Protocol is now live, with initial cover extended to @SentoraHQ's USD Protected Vault and Protected RWA Vaults.
DeFi now has its missing player: a protection layer for onchain capital.
What stands out to me about Ripple Prime is that it isn’t simply a crypto-native prime brokerage product.
Its infrastructure is designed to span both sides of the market: digital assets and traditional finance. FX, fixed income, listed and OTC derivatives, equities, and crypto can all sit within a single prime brokerage relationship, with cross-margining across asset classes.
That says a lot about Ripple’s broader direction.
They are not building financial infrastructure that stops at the onchain boundary. They are building toward an institutional stack that connects traditional finance and digital asset markets.
If institutional adoption of blockchain continues to deepen, I believe this positioning will become increasingly valuable — and could be a meaningful driver of Ripple’s next phase of growth.
Great to see @Ripple Prime deepen our relationship with Brevan Howard, now providing multi-asset prime brokerage, clearing and financing across their funds.
TradFi and digital markets are converging, and top-tier managers want one regulated platform for both 🚀
https://t.co/81etrJq4X5
Great to see @Ripple Prime deepen our relationship with Brevan Howard, now providing multi-asset prime brokerage, clearing and financing across their funds.
TradFi and digital markets are converging, and top-tier managers want one regulated platform for both 🚀
https://t.co/81etrJq4X5
Crypto events get bigger every year, and not just in headcount. The quality of the room changes too.
A few years ago these were events for degens. Now they've gone past crypto-native institutions to traditional financial institutions and large fintechs showing up as participants, not spectators.
Most of my meetings this week were with institutions that aren't crypto-native. That turned out to be a useful exercise. It forced me to think, from their side of the table, about what blockchain actually needs before it reaches and gets used by a much wider audience.
That's what we're building at @doppler_fi: the infrastructure layer for those institutions, and the core pieces that have to exist before this technology gets adopted more broadly.
Flare's next wave of adoption could come through platforms XRP holders already use. Doppler is opening another door.
@doppler_fi announced on October 3 that XRP holders will soon be able to access Flare's FXRP vaults directly through its platform. @FlareNetworks confirmed the plan.
The reach matters: in its September 28 update, Doppler reported 14,000+ depositors and over $150M deposited across its XRP and RLUSD vaults since launch. Those are Doppler's historical figures; Flare inflows are still to be earned.
Here is why I'm bullish: an established XRP platform is choosing to bring Flare's products to its users. That could put FXRP vaults in front of people already looking for ways to put their holdings to work.
The integration is upcoming, with launch details still to come. Successful delivery could widen Flare's audience and bring more capital into its ecosystem.
Better products need more routes to customers. Flare is building both, and I think the opportunity for $FLR is getting much bigger. ☀️
https://t.co/sUr1zt9pVh
XRP has always been one of the most traded tokens on Korean exchanges, so it was interesting meeting the @doppler_fi team at XRP Seoul.
XRP has no native staking, so historically there hasn’t been much for holders to do with idle XRP. Doppler started in Feb 2025 by building a vault layer around this.
Since then, they’ve grown to 14,000+ depositors and ~$134M in vault TVL, making them the largest DeFi protocol on XRPL by TVL
base:0x07b3d902783c3c12b077508c3b5c00113d1291d0 is the token behind the protocol. I picked some up as beta exposure to the broader XRP ecosystem.
Thank you @XRPSEOUL
It was great to meet so many new people and catch up with others that I haven’t seen for a while.
I’m more bullish on our industry and on what Flare has built than at any other point before.
On to Singapore. 🇸🇬
Seoul lit up with the base:0x07b3d902783c3c12b077508c3b5c00113d1291d0 Army.
Proud to be part of @XRPSEOUL 2026, one of the $XRP community’s biggest gatherings, and to see Doppler overlooking the city from N Seoul Tower.
Thank you to everyone who joined us in Seoul.
base:0x07b3d902783c3c12b077508c3b5c00113d1291d0 and $XRP ecosystem keeps moving forward.
This year, more than 5,000 XRP holders attended @XRPSEOUL.
As you can see from the photos, XRP Seoul has one major difference from other crypto events.
The age range is diverse, from people in their 20s and 30s to those in their 60s and 70s. In fact, there are sometimes even more attendees in their 50s and above.
I see this as a very bullish point for XRPL.
Unlike other Web3 ecosystems, where communities have been formed around the needs and sentiments that resonate with people in their 20s and 30s, this is also evidence that XRPL is meeting the financial needs and vision shared by people across all age groups.
I believe XRPL is the only ecosystem building universal financial infrastructure that can scale over the long term.
It may take more time compared to other visions, but I believe the outcome will be much bigger.
And thank you to everyone who stopped by the @doppler_fi booth today.
What a turnout at XRP Seoul 2026! 🇰🇷
Huge thanks to @doppler_fi for supporting us make today such a success.
The Doppler booth is packed. Come by and say hello! 👋
#Doppler Doppler Effect.
This is our first partnership in XRPfi since expanding Doppler beyond a yield service into yield infrastructure.
@FlareNetworks is one of the ecosystems providing the most transparent and reliable onchain yield opportunities for $XRP.
Doppler will work with Flare to build the infrastructure that enables more users to access and benefit from Flare’s yield opportunities.
More ways to use ripple:native, without more places to go looking.
Doppler 🤝 @FlareNetworks
Together, we’re turning ripple:native into working capital.
Soon, ripple:native holders will be able to access Flare’s FXRP vaults directly through Doppler.
This is our first partnership in XRPfi since expanding Doppler beyond a yield service into yield infrastructure.
@FlareNetworks is one of the ecosystems providing the most transparent and reliable onchain yield opportunities for $XRP.
Doppler will work with Flare to build the infrastructure that enables more users to access and benefit from Flare’s yield opportunities.
More ways to use ripple:native, without more places to go looking.
Doppler 🤝 @FlareNetworks
Together, we’re turning ripple:native into working capital.
Soon, ripple:native holders will be able to access Flare’s FXRP vaults directly through Doppler.