Firelight launches vault protection for Sentora DeFi products
Image: BeInCryptoOnchain cover protocol Firelight has activated protection for Sentora's USD Protected Vault and Protected RWA Vaults. The protection covers defined technical and economic events including oracle manipulation, a rising exploit type this year. Firelight raised $8 million in a round led by Gumi Cryptos Capital, with participation from Tribe Capital and Maven 11.
Key points
- Firelight activated protection on Sentora's USD Protected Vault and Protected RWA Vaults.
- The protection covers specified technical and economic events including oracle manipulation.
- Curated vault assets grew 39% over the past year, and onchain cover capital is 0.14% of DeFi's $88.3 billion locked.
- Firelight raised $8 million led by Gumi Cryptos Capital, with participation from Tribe Capital and Maven 11.
Why it matters
The launch adds built-in protection to DeFi vaults, addressing a gap where onchain cover capital is a tiny fraction of total DeFi value locked. Vault depositors no longer need to separately purchase protection for covered events.
Price context · XRP
At publication
$1.41
Now
$1.40
Change since
−0.71%
7 days · dashed line = publication
Sources · 2 publishers
Bitcoin.com News
Tier 2
XRP Expands DeFi Role as Firelight Activates Vault Protection
Coverage timeline
- First reported by BeInCrypto
- Confirmed by Bitcoin.com News
- CryptoVideos brief published
How this brief was made. Our system found this event in 2 independent publications, summarised two complete reports with AI and checked every number above against the source text. Sources are linked in full. Not financial advice. Report an error
