SYNC

FlareSignal · XRPFi DeFi Intelligence

sparkdex logoSparkDEX Intelligence

Look through SparkDEX spot liquidity to separate direct productive FXRP from downstream stXRP receipts representing capital already counted inside Firelight.

sparkdex logoDirect FXRP in Pools5M
3,638,992.31token
sparkdex logostXRP in Pools5M
3,057,091.15token
sparkdex logostXRP Look-through FXRP5M
3,063,101.39token
sparkdex logoGross Productive ExposureLIVE
64,793,171.29token

YIELD INTELLIGENCE · sparkdex logoSPARKDEX

Liquidity Yield Intelligence

Separate realised LP fee output from gross protocol fee economics, incentive distributions and resting liquidity. A pool balance is not an APY.

BUILDING
Verified direct-FXRP LP fees 8,670.549325 FXRP Trading-fee yield · incentive layers separate Additive LP fee output reconstructed from verified fee economics.
BUILDING2026-11-02 01:23:32
Gross FXRP fee pool 9,909.199228 FXRP Economic parent; distribution children are not added again.
Direct FXRP liquidity 3,638,992.31 FXRP Capital available in verified FXRP pools.
Verified target pools 25 Current measured pool universe.
LP FEE CAPTUREVerified LP Share Of Gross Fees
87.5%verified share
Verified direct-FXRP LP fees8,670.549325 FXRP
Gross FXRP fee pool9,909.199228 FXRP
Gross fee parents remain non-additive; this ring shows the verified LP share only.
FEE COMPOSITIONVerified Fee Economics
LIVE
Verified direct-FXRP LP fees8,670.549325 FXRP
Gross FXRP fee pool9,909.199228 FXRP
Bars share one relative scale inside this panel; printed values remain the canonical observations.
7D RETAINED PATHVerified LP Fee Output
READY
Latest8,658.302514 FXRP7D move+13.77%Observations72
2026-10-26 02:00:002026-11-01 23:40:00
Executed swapsgenerate trading fees
SparkDEX fee economicssplit gross fee pool
LP sharecounted as realised LP output
ORGANIC LP trading fees VERIFIED Measured from verified execution/fee evidence where reconstructable.
INCENTIVES xSPRK / rewards SEPARATE Distribution or incentive layers are not blended into organic LP fee yield.
NET APY Standardised net LP APY BUILDING Unavailable until capital-time exposure and fee attribution support a defensible annualised net rate.

Yield accounting: Gross fee parents and distribution children are reconciled rather than summed twice.

FXRP FEE ECONOMICS

Reconstructed FXRP Fee Distribution

The gross fee pool is the parent. LP fees, xSPRK distribution, buyback/burn and foundation allocation are its children and are never added again on top of gross fees.

RECONCILED
Gross fee pool9,909.199228 FXRPeconomic parent
LP fees8,670.549325 FXRPadditive LP output
xSPRK495.459961 FXRPdistribution child
Buyback / burn495.459961 FXRPdistribution child
Foundation247.729981 FXRPdistribution child
Reconciliation delta-0.0000000021 FXRPtarget = zero
sparkdex logoV2VERIFIED
82.33 FXRP65.03 stXRP · OFFICIAL FACTORY
sparkdex logoV3.1VERIFIED
598,956.36 FXRP18,898.54 stXRP · FACTORY + CURRENT INDEX
sparkdex logoV4VERIFIED
3,039,953.63 FXRP3,038,127.58 stXRP · CURRENT INDEX + CHAIN BALANCE
sparkdex logoGENERATION COVERAGE3 / 3Current spot-generation inventory

Capital accounting

Direct vs Look-through Capital

NO DOUBLE COUNTING
FXRP iconDirect FXRP liquidity3,638,992.31 FXRPCounts as unique productive FXRP
stXRP iconstXRP liquidity3,057,091.15 stXRP3,063,101.39 FXRP look-through backing, already counted in Firelight

If 1 FXRP sits directly in a SparkDEX pool, it adds 1 FXRP to observed productive capital. If 1 stXRP sits in a SparkDEX pool, its FXRP backing is shown as a downstream location but adds zero new underlying XRP because that backing already exists in Firelight's totalAssets.

Current observed coverage

sparkdex logoProductive FXRP

45.01%gross productive-role exposure divided by FXRP supply; use the XRPFi page for overlap-safe unique-capital bounds
sparkdex logoTarget pools found25.00
FXRP iconFXRP pools19.00
stXRP iconstXRP pools9.00
sparkdex logoOutstanding stXRP on SparkDEX7.12%

This gross-exposure indicator adds protocol-role balances and can overlap where managed capital is deployed externally. For unique-capital analysis, XRPFi uses a conservative productive floor and upper bound rather than treating this total as unique FXRP.

SIGNATURE CAPITAL MAP · DEX LIQUIDITY

Capital State + Verified Liquidity Structure

Separate direct FXRP liquidity from the stXRP receipt layer before reading SparkDEX pool coverage. Pool balances are measured capital state; executed swaps are a separate event-evidence class.

VISUALsparkdex logoSPARKDEX
DIRECT FXRP PATH
UNDERLYINGXRPorigin capital
FXRP iconFXRP3,638,992.31 FXRPdirect pool inventory
sparkdex logoSparkDEX19.00 poolsverified direct-FXRP pool set
RECEIPT LAYER
firelight logoFirelightstXRP iconstXRPreceipt over already-counted FXRP
LOOK-THROUGH3,063,101.39 FXRPcontext only, non-additive
sparkdex logoSparkDEX3,057,091.15 stXRPreceipt-layer pool state
EVIDENCE CLASS
POOL STATEMeasuredverified balances on Flare
SWAPSEvent evidenceunique executions only when reconstructed
OVERLAPManagedstXRP look-through is never added again
Direct FXRP and stXRP receipt-layer exposure are separate accounting views.Resting liquidity and measured balance changes never masquerade as executed trades.

Capital location history

sparkdex logoSparkDEX FXRP / stXRP Look-through

DRAG TO INSPECT
—Direct FXRP —stXRP look-through —

Pool coverage

V2 · V3.1 · V4 Inventory Coverage

3 / 3 CURRENT
V2 factory pairs100.0%
97 / 97 official factory pairs inspected
V3.1 current inventoryCURRENT
The official V3.1 factory remains authoritative. Current target pools are cross-checked against the active DEX index while older PoolCreated history is still being indexed.
V4 current inventoryCURRENT
V4 pool addresses are discovered from the SparkDEX V4 market index, then contract code and every FXRP/stXRP balance are independently read from Flare chain state; token0/token1 is also read on-chain when the pool ABI exposes it.

Coverage: historical pool discovery and current-liquidity coverage are tracked separately. Aggregate liquidity is marked VERIFIED only when the current target inventories for V2, V3.1 and V4 are covered.

Spot liquidity

sparkdex logoFXRP / stXRP SparkDEX Pools

V2 + V3.1 + V4
PoolVersionFee tierDirect FXRPstXRPstXRP look-throughToken 0 balanceToken 1 balanceQualityContract
stXRP iconstXRP/FXRP iconFXRPv4 0.01% 1,900,448.264446 FXRP 3,029,160.788310 stXRP 3,035,116.118420 FXRP 3,029,160.788310 stXRP 1,900,448.264446 FXRP verified View pool
FXRP iconFXRP/USD₮0v4 0.30% 730,148.258140 FXRP 0.000000 stXRP 0.000000 FXRP 730,148.258140 FXRP 890,208.398080 USD₮0 verified View pool
WFLR iconWFLR/FXRP iconFXRPv4 0.30% 409,067.836713 FXRP 0.000000 stXRP 0.000000 FXRP 93,219,593.780509 WFLR 409,067.836713 FXRP verified View pool
WETH/FXRP iconFXRPv3.1 0.30% 350,358.898310 FXRP 0.000000 stXRP 0.000000 FXRP 0.000051 WETH 350,358.898310 FXRP verified View pool
FXRP iconFXRP/USD₮0v3.1 0.05% 212,709.235252 FXRP 0.000000 stXRP 0.000000 FXRP 212,709.235252 FXRP 206,832.945487 USD₮0 verified View pool
stXRP iconstXRP/FXRP iconFXRPv3.1 0.05% 13,775.855784 FXRP 18,563.264261 stXRP 18,599.759639 FXRP 18,563.264261 stXRP 13,775.855784 FXRP verified View pool
WFLR iconWFLR/FXRP iconFXRPv3.1 0.05% 20,819.529195 FXRP 0.000000 stXRP 0.000000 FXRP 5,469,619.206693 WFLR 20,819.529195 FXRP verified View pool
WFLR iconWFLR/stXRP iconstXRPv4 0.30% 0.000000 FXRP 8,332.582544 stXRP 8,348.964401 FXRP 1,765,028.830551 WFLR 8,332.582544 stXRP verified View pool
WFLR iconWFLR/FXRP iconFXRPv3.1 0.30% 985.663795 FXRP 0.000000 stXRP 0.000000 FXRP 293,466.298871 WFLR 985.663795 FXRP verified View pool
stXRP iconstXRP/USD₮0v4 0.30% 0.000000 FXRP 634.210230 stXRP 635.457087 FXRP 634.210230 stXRP 812.733607 USD₮0 verified View pool
WFLR iconWFLR/stXRP iconstXRPv3.1 0.05% 0.000000 FXRP 335.270891 stXRP 335.930034 FXRP 189,407.515243 WFLR 335.270891 stXRP verified View pool
WETH/FXRP iconFXRPv4 0.16% 235.203644 FXRP 0.000000 stXRP 0.000000 FXRP 0.129612 WETH 235.203644 FXRP verified View pool
WFLR iconWFLR/FXRP iconFXRPv3.1 1.00% 211.478890 FXRP 0.000000 stXRP 0.000000 FXRP 88,394.917944 WFLR 211.478890 FXRP verified View pool
WETH/FXRP iconFXRPv3.1 0.05% 71.487969 FXRP 0.000000 stXRP 0.000000 FXRP 0.035411 WETH 71.487969 FXRP verified View pool
USDT iconUSDT/FXRP iconFXRPv4 0.30% 54.062743 FXRP 0.000000 stXRP 0.000000 FXRP 67.722980 USDT 54.062743 FXRP verified View pool

Methodology

Pool balances, not invented TVL

V2 target pools use pair reserves. V3.1 and V4 target pools use actual ERC-20 balances at the recovered pool address. V3.1 raw concentrated-liquidity state is retained separately where available. FlareSignal reports token balances, not an invented USD TVL figure.

Official ecosystem links

sparkdex logoSparkDEX sources

V2/V3.1 contract infrastructure remains tied to SparkDEX's published contract overview. V4 current pools are discovered from the active SparkDEX V4 market index and are only counted after FlareSignal independently verifies contract code and reads the relevant FXRP/stXRP balances on-chain. Discovery provenance and balance provenance remain separate.

PRO DEPTH · ANALYTICAL LAB

SparkDEX Structure Lab

PRO
Deep history30D · 90D · 1Y · AllLong-cycle protocol structure
Timing lensActivity / state changeWhen defensible protocol evidence is moving
Structure lensConcentration · MixWhere capital or activity is concentrated
Historical contextMedian · Range · PercentileCurrent state against retained history