Ask about Firelight · freeTotal Value Locked$68.36m
TVL by Chain
Flare$68.36m
Key Metrics
Total Raised$8m
Sep 1, 2026$8mRound: SeedInvestors: gumi Crypto Capital, Maven 11, Metalayer Ventures, Tribe Capital, Joint Effects
Protocol Information
Firelight is an onchain DeFi cover protocol on Flare. Staked FXRP backs coverage against defined protocol failures, with incidents validated by an independent Risk Consortium and staked capital subject to slashing to fund payouts.
Audits:
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Methodology
TVL: Counts FXRP tokens held in the Firelight vault.View code on GitHubCompetitors
Firelight history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 9, 2025 to Oct 27, 2026.
All-time high TVL: $90.77m on May 15, 2026. All-time low TVL: $29.86m on Feb 6, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $77.2m |
| Sep 29, 2026 | $75.97m |
| Sep 30, 2026 | $75.65m |
| Oct 1, 2026 | $75.58m |
| Oct 2, 2026 | $75.42m |
| Oct 3, 2026 | $74.5m |
| Oct 4, 2026 | $74.65m |
| Oct 5, 2026 | $76.38m |
| Oct 6, 2026 | $75.7m |
| Oct 7, 2026 | $75.2m |
| Oct 8, 2026 | $71.35m |
| Oct 9, 2026 | $69.48m |
| Oct 10, 2026 | $71.25m |
| Oct 11, 2026 | $71.55m |
| Oct 12, 2026 | $72.07m |
| Oct 13, 2026 | $68.49m |
| Oct 14, 2026 | $69.78m |
| Oct 15, 2026 | $67.71m |
| Oct 16, 2026 | $68.2m |
| Oct 17, 2026 | $67.05m |
| Oct 18, 2026 | $66.47m |
| Oct 19, 2026 | $67.07m |
| Oct 20, 2026 | $66.61m |
| Oct 21, 2026 | $68.66m |
| Oct 22, 2026 | $70.19m |
| Oct 23, 2026 | $67.25m |
| Oct 24, 2026 | $66.61m |
| Oct 25, 2026 | $67.16m |
| Oct 26, 2026 | $66.99m |
| Oct 27, 2026 | $67.27m |
TVL at each month end, Dec 2025 to Oct 2026
| Date | TVL |
|---|---|
| Dec 31, 2025 | $46.96m |
| Jan 31, 2026 | $43.98m |
| Feb 28, 2026 | $34.04m |
| Mar 31, 2026 | $73.01m |
| Apr 30, 2026 | $82.75m |
| May 31, 2026 | $80.52m |
| Jun 30, 2026 | $63.43m |
| Jul 31, 2026 | $64.38m |
| Aug 31, 2026 | $73.92m |
| Sep 30, 2026 | $75.65m |
| Oct 27, 2026 (latest) | $67.27m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/firelight
Frequently asked questions
What is Firelight's TVL?
As of Oct 27, 2026, Firelight has $68.36m in total value locked. TVL has decreased 11.6% over the past 30 days.
What chains does Firelight operate on?
Firelight operates on Flare. Flare holds the largest share at 100%.
How does Firelight's TVL compare to similar protocols?
Among Insurance protocols tracked by DefiLlama, Firelight ranks #2 by TVL. The category holds $176.35m across 33 protocols, and Firelight accounts for 38.8% of that total. Similar protocols include Nexus Mutual, Easedefi.org, Unslashed, Ensuro, Cozy Earn, iTrust Finance, Cover Protocol, Ante Finance, Sherlock, and InsurAce.