Sentora Adds FXRP as Collateral for RLUSD

cryptonews.ruPublished on 2026-08-04Last updated on 2026-08-04

Abstract

Sentora, a platform for managing credit vaults for institutional investors, has added FXRP—a token backed by XRP on the Flare network—as eligible collateral within its $RLUSD Main vault on the Morpho platform. Morpho provides decentralized lending infrastructure on Ethereum. Users can now deposit FXRP as collateral without surrendering custody to a third party by minting FXRP via the FAssets application on Flare, bridging the tokens to Ethereum, and depositing them into the vault. This allows them to borrow $RLUSD against their FXRP collateral up to a specified limit. The isolated FXRP/$RLUSD market is launched on Morpho Blue and is part of Sentora's $RLUSD Main vault, which currently holds approximately $280 million in $RLUSD. Initially, the collateral limit for FXRP is set relatively low but may be increased as liquidity and demand grow.

Sentora — a platform for managing credit vaults for institutional investors, has added FXRP — a token backed by XRP on the Flare network. FXRP is now listed among the assets that can be used as collateral in the $RLUSD Main vault on the Morpho platform. Morpho provides decentralized lending infrastructure on Ethereum.

Users can use FXRP as collateral without handing control of their assets to a third party. To do this, they mint FXRP via the FAssets application on the Flare network, transfer the tokens to Ethereum, and deposit them as collateral. After that, they can borrow $RLUSD against the FXRP collateral within established limits.

The isolated market for FXRP/$RLUSD has launched on Morpho Blue and is part of the Sentora $RLUSD Main vault. It currently holds approximately $280 million in $RLUSD. Initially, a relatively low limit for the collateral volume has been set for FXRP. This limit may be increased as liquidity and demand grow.

Image: Magnific

end-content

Related Questions

QWhat is Sentora and what did it recently add as collateral for RLUSD?

ASentora is a platform for managing credit vaults for institutional investors. It recently added FXRP, a token backed by XRP on the Flare network, as eligible collateral for the RLUSD vault on Morpho.

QWhat is FXRP and which application is used to mint it?

AFXRP is a token backed by XRP on the Flare network. It is minted through the FAssets application on the Flare network.

QHow does a user supply FXRP as collateral on the Sentora platform?

AA user mints FXRP via the FAssets app on Flare, bridges the tokens to the Ethereum network, and then deposits them as collateral into the specified vault on Morpho.

QOn which protocol is the isolated FXRP/RLUSD market launched, and what is its initial collateral limit status?

AThe isolated FXRP/RLUSD market is launched on Morpho Blue. Initially, FXRP has a relatively low limit for collateral volume, which may be increased as liquidity and demand grow.

QWhat is the approximate total value locked (TVL) in the Sentora RLUSD Main vault mentioned in the article?

AThe Sentora RLUSD Main vault holds approximately $280 million in RLUSD.

Related Reads

DeFi Sector Bounces Back Strongest: Which High-Revenue Projects Offer Entry Opportunities?

DeFi Sector Leads Recovery: Which High-Revenue Projects Are Worth Watching? DeFi has been one of the most active sectors during the recent market rebound. Beyond chasing price action, a key fundamental metric for evaluating DeFi protocols is sustainable revenue, which indicates real user demand. This analysis highlights high-revenue projects across key categories, using protocol fee data (net of supplier payouts). **DEX** * **Uniswap (UNI)**: Leads with $7.18M in 30-day revenue. Protocol fees from v2 and select v3 pools are used for UNI token burns. * **Solana DEXs**: Jupiter (JUP, $4.69M 30-day revenue) uses 50% of revenue for JUP buybacks. Meteora (MET, $1.67M) and Raydium (RAY, $1.13M) also allocate portions of fees to token buybacks. * **PancakeSwap (CAKE)**: Earned $5.16M in 30 days, with part of its fees used for CAKE burns, maintaining a net deflationary supply. * **Aerodrome (AERO)**: On Base, it generated $4.11M in 30 days. Revenue is directly distributed to veAERO holders rather than used for buybacks. **Lending** * **World Liberty Financial (WLFI)**: Top earner with $10.47M in 30-day revenue. A proposal passed to use 100% of fees from its Protocol-Owned Liquidity (POL) for WLFI buybacks, but holder net income remains zero. * **Aave (AAVE)**: Generated $4.12M in 30 days. Its buyback program was paused in April 2026 following the rsETH bridge attack. **ETH Staking** * **ether.fi (ETHFI)**: Earned $3.03M in 30 days. Revenue from eETH withdrawals is used for ETHFI buybacks, which are then distributed to sETHFI stakers. * **Lido (LDO)**: Generated $2.31M. Its new NEST mechanism automatically uses 50% of annual revenue exceeding $40M for LDO buybacks. In summary, several DeFi protocols are generating significant revenue, with many employing token buyback or direct distribution mechanisms. This revenue provides a fundamental basis for evaluation amid market volatility.

marsbit3m ago

DeFi Sector Bounces Back Strongest: Which High-Revenue Projects Offer Entry Opportunities?

marsbit3m ago

Hyperliquid is also getting a Layer2, what is Elysium?

Hyperliquid, a decentralized exchange, is set to launch its own Layer 2 solution called Elysium, developed by its largest liquid staking protocol, Kinetiq. This move aims to address key limitations in Hyperliquid's current ecosystem, particularly the performance and user experience issues on its existing HyperEVM. The article explains that HyperEVM has struggled with network congestion, high gas fees (sometimes exceeding $10-$20 per simple swap), and a fragmented infrastructure for launching and trading new tokens, especially memecoins. While there is significant speculative interest, the current setup lacks the efficient trading infrastructure to sustain it. Elysium is designed as a high-performance L2 that will use HYPE as its gas token. Its goals are to provide drastically faster block times and higher throughput compared to HyperEVM, create a seamless pipeline for token launches (from initial creation on Elysium to eventual listing as spot and perpetual markets on Hyperliquid's main chain, HyperCore), and offer developers richer access to HyperCore's order book data for better hedging and market-making. The L2 is positioned not as a competitor to HyperCore but as a "value-accrual" layer that aims to drive more activity and volume back to the main chain. Potential use cases extend beyond memecoins to include complex applications like PaperTrade (a novel perpetual DEX) and other DeFi protocols requiring fast settlement and real-time data. Elysium's sequencer revenue is planned to be shared with applications, the Kinetiq treasury, and used to buy back and burn the KNTQ token.

marsbit4m ago

Hyperliquid is also getting a Layer2, what is Elysium?

marsbit4m ago

SEC Investigates Situational Awareness: What Does the SEC Want?

The U.S. Securities and Exchange Commission (SEC) has issued subpoenas to major Wall Street banks including Goldman Sachs, JPMorgan, Citigroup, and Bank of America. The investigation focuses on the near-collapse of the AI hedge fund Situational Awareness last month, not its investment strategy. The SEC is specifically requesting details on the timing of the fund's trades and communications between the fund and the banks regarding leverage arrangements. Situational Awareness, founded by former OpenAI researcher Leopold Aschenbrenner, had amassed over $30 billion in assets and borrowed hundreds of billions more. Its strategy involved betting on AI chipmakers while shorting traditional software companies. This position unraveled in July when chip stocks fell sharply while software stocks rose, leading to a 67% portfolio loss. The fund narrowly avoided permanent capital damage by selling most of its public equity holdings, primarily to Citadel. The SEC's inquiry into the banks' actions and knowledge during the fund's distress, rather than the fund's investment decisions, mirrors the regulatory approach seen after the 2021 Archegos Capital collapse. The investigation is in its early stages and does not imply any wrongdoing by the fund or the banks.

marsbit6m ago

SEC Investigates Situational Awareness: What Does the SEC Want?

marsbit6m ago

Towns Across the U.S. Resist Data Center Construction, Bitcoin Miners Become the Biggest Beneficiaries

Across numerous U.S. states, governors and local governments are slowing or halting approvals for new data center construction due to intense public opposition and political pressure. This creates a significant hurdle for AI and other data center projects, which require years of grid connection approval. According to Morgan Stanley, this grid access bottleneck unexpectedly benefits Bitcoin mining companies like Cipher, Hut 8, and Riot Platforms. These miners already possess pre-approved, valuable power contracts and grid connections. With new supply constrained, their existing infrastructure becomes more valuable. This dynamic accelerates a pre-existing trend: miners are pivoting to supply power and data center capacity to the AI industry, signing large contracts like the $9.1 billion deal between Riot Platforms and Anthropic. Companies with AI/high-performance computing contracts command higher valuations than pure-play Bitcoin miners. However, the shift faces uncertainty. Regulatory reviews, like one in Texas targeting both data centers and crypto mines, could also impact miners' permits. Furthermore, a recent sharp rally in Bitcoin's price, pushing toward $80,000, could make mining profitable again, potentially altering the economic calculus of diverting power to AI. The core conflict pits growing AI demand against community resistance to large, power-intensive facilities.

marsbit6m ago

Towns Across the U.S. Resist Data Center Construction, Bitcoin Miners Become the Biggest Beneficiaries

marsbit6m ago

US Stock Market Trend (Aug 25): Besant's Trillion-Dollar Bond Buy Pushes Down Long-Term Rates, Nasdaq Falls, Dow Rises Amid Extreme Divergence

August 26, US Stock Market: Nasdaq Drops as S&P 500 Sees Mixed Close Amid Treasury Moves, Geopolitical Concerns. The US stock market was sharply divided on Monday. The Dow Jones rose 0.26% to 53,417.16, extending gains, while the S&P 500 slipped 0.28% to 7,652.82, and the Nasdaq Composite fell 0.76% to 25,869.14. The Philadelphia Semiconductor Index tumbled nearly 4%. Treasury Secretary Bessenter took center stage, announcing dual actions: deploying nearly a trillion dollars from the Treasury General Account (TGA) to repurchase long-term bonds to pressure yields, while simultaneously imposing new sanctions on Iran. Long-term Treasury yields edged lower, with the 10-year yield falling about 3 basis points to 4.70%. However, markets focused on the geopolitical risks from the sanctions, prompting a risk-off shift into gold and Bitcoin, weighing heavily on tech and AI-hardware stocks. Nvidia informed major cloud clients of plans to raise AI server prices by over 15% starting next year. The company also reportedly plans to invest in AI search firm Perplexity. Despite this pricing power signal, its stock and the broader chip sector were dragged down by macro and geopolitical worries. All eyes are on Nvidia's earnings report scheduled for release after Wednesday's market close, with focus on Blackwell shipment details and data center revenue guidance. Samsung Electronics disappointed markets with a shareholder return plan seen as insufficient, raising concerns about capital expenditure prospects in the memory chip sector and contributing to the semiconductor selloff. In trade policy, former President Trump announced plans to raise US tariffs on Canadian autos, auto parts, and steel to 50% starting next year, significantly escalating trade tensions. Amid the risk-off sentiment, spot gold rose 1.05% to $4,651.24 per ounce, hitting a near three-month high. Bitcoin climbed 1.59% to $78,966, approaching the $80,000 level for the first time since mid-May. Market attention turns to the US Conference Board's August Consumer Confidence Index, for clues on the resilience of consumer spending, and to continued positioning ahead of Nvidia's pivotal earnings report.

marsbit9m ago

US Stock Market Trend (Aug 25): Besant's Trillion-Dollar Bond Buy Pushes Down Long-Term Rates, Nasdaq Falls, Dow Rises Amid Extreme Divergence

marsbit9m ago

Trading

Spot
活动图片