Ask about FAssets · freeProtocol Information
FAssets is a trustless, over-collateralized bridge protocol on Flare that lets users mint wrapped versions of non-smart contract assets (e.g. XRP, BTC, DOGE) to use in DeFi, backed by on-chain collateral and Flare’s data oracles
Methodology
TVL: Value of USDT0 and WFLR held in Agent's vaults and pools together with XRP tokens locked on XRPL either in core vault or in the escrows.View code on GitHubCompetitors
FAssets history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Sep 25, 2025 to Oct 27, 2026.
All-time high TVL: $245.59m on May 15, 2026. All-time low TVL: $5.6m on Sep 25, 2025.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $229.17m |
| Sep 29, 2026 | $227.71m |
| Sep 30, 2026 | $226.14m |
| Oct 1, 2026 | $226.08m |
| Oct 2, 2026 | $226.3m |
| Oct 3, 2026 | $224.3m |
| Oct 4, 2026 | $224.15m |
| Oct 5, 2026 | $228.98m |
| Oct 6, 2026 | $227.47m |
| Oct 7, 2026 | $225.23m |
| Oct 8, 2026 | $214.61m |
| Oct 9, 2026 | $209.49m |
| Oct 10, 2026 | $211.48m |
| Oct 11, 2026 | $211.52m |
| Oct 12, 2026 | $212.8m |
| Oct 13, 2026 | $202.46m |
| Oct 14, 2026 | $207.08m |
| Oct 15, 2026 | $200.55m |
| Oct 16, 2026 | $201.1m |
| Oct 17, 2026 | $197.4m |
| Oct 18, 2026 | $195.06m |
| Oct 19, 2026 | $196.89m |
| Oct 20, 2026 | $194.93m |
| Oct 21, 2026 | $200.69m |
| Oct 22, 2026 | $204.61m |
| Oct 23, 2026 | $196.17m |
| Oct 24, 2026 | $193.12m |
| Oct 25, 2026 | $195.45m |
| Oct 26, 2026 | $194.2m |
| Oct 27, 2026 | $196.82m |
TVL at each month end, Sep 2025 to Oct 2026
| Date | TVL |
|---|---|
| Sep 30, 2025 | $7m |
| Oct 31, 2025 | $134.55m |
| Nov 30, 2025 | $165.58m |
| Dec 31, 2025 | $173.81m |
| Jan 31, 2026 | $177.45m |
| Feb 28, 2026 | $169.16m |
| Mar 31, 2026 | $202.64m |
| Apr 30, 2026 | $227.63m |
| May 31, 2026 | $223.73m |
| Jun 30, 2026 | $170.52m |
| Jul 31, 2026 | $171.96m |
| Aug 31, 2026 | $210.78m |
| Sep 30, 2026 | $226.14m |
| Oct 27, 2026 (latest) | $196.82m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fassets
Frequently asked questions
What is FAssets' TVL?
As of Oct 27, 2026, FAssets has $198.94m in total value locked. TVL has decreased 13.8% over the past 30 days.
What chains does FAssets operate on?
FAssets operates on 2 chains: XRPL and Flare. XRPL holds the largest share at 94.6%.
How does FAssets' TVL compare to similar protocols?
Among Bridge protocols tracked by DefiLlama, FAssets ranks #22 by TVL. The category holds $62.794b across 158 protocols, and FAssets accounts for 0.3% of that total. Similar protocols include LayerZero V2, Coinbase Bridge, NEAR Intents, Axelar, SoDEX Bridge, Wrapped, Orbit Bridge, Wan Bridge, Allbridge Classic, and 21.co.