Flare launches Flare Smart Accounts v1.3, enabling $XRP holders to access DeFi vaults with a single XRPL wallet signature.
Flare today announced the release of Flare Smart Accounts (FSA) v1.3, making it possible for $XRP holders to mint FXRP and deposit it into yield-generating vaults with a single XRPL signature.
For $XRP holders, accessing DeFi has often meant creating new wallets, bridging assets between chains, and managing gas tokens before earning a single dollar in yield. Flare Smart Accounts v1.3 removes much of that complexity. Users can now choose a vault, sign once using the XRPL wallet they already use, and Flare completes the rest automatically. No separate EVM wallet, gas token, or manual bridging is required.
The update builds on growing momentum for XRPFi. Since February 2026, the amount of FXRP deployed in DeFi has grown by nearly 75%, increasing from 82 million to 144 million FXRP. More than 40 million $XRP is currently earning yield through Flare Smart Accounts, while nearly 24,000 Smart Accounts have already been created.
“Millions of $XRP holders have wanted access to DeFi, but the experience has been too complex,” said Filip Koprivec, CPO at Flare network. “With Smart Accounts v1.3, users can go from $XRP to yield with a single signature while remaining fully non-custodial.”
The update reduces what previously required two separate XRPL signatures to a single transaction. The user’s $XRP remains secured on XRPL through FXRP’s 1:1 collateral model while Flare mints FXRP and deposits it into the selected yield strategy. Behind the scenes, the Flare Data Connector (FDC) verifies the XRPL transaction on Flare, allowing a smart contract linked to the user’s XRPL address to carry out the requested actions automatically.
The release also expands the range of yield strategies available through Flare Smart Accounts with the addition of the Clearstar Flare $XRP Yield Vault. Users can now choose between two actively managed FXRP vaults with different approaches to generating yield.
The Monarq $XRP Yield Vault, operated by Monarq, majority-owned by FalconX, combines options, basis trading, funding-rate capture, and on-chain DeFi strategies, dynamically adjusting allocations as market conditions change. The newly added Clearstar Flare $XRP Yield Vault takes a fully on-chain approach, deploying FXRP across lending and liquidity protocols on Flare, including Avant and Euler. Every position is publicly verifiable on-chain, and the strategy has previously managed more than 33 million FXRP in deposits.
Flare is also expanding access by adding support for Ledger, Xaman, Joey Wallet, and WalletConnect, including Bifrost. These integrations join the existing D’CENT support, allowing more $XRP holders to access Flare’s yield infrastructure through the wallets they already use.
As part of the release, Joey Wallet, a self-custodial XRPL wallet with under-3-second onboarding and social login support via Web3Auth, now embeds Flare Smart Accounts directly as an in-wallet dApp. Users can mint FXRP and deposit into yield vaults without leaving the wallet.
“There’s a lot of overlap between the XRPL and Flare communities, so integrating Flare Smart Accounts just made sense,” said Christopher Troia, Co-Founder of Joey Wallet. “It brings a breath of fresh air for $XRP holders, letting them start putting their $XRP to work in a seamless way.”
Users can get started at fsa.flare.network/vaults or through supported wallets, including Joey Wallet, Xaman, and D’CENT.