SYNC

SGB—24H —

FLR TX · 24H—24H —

PRODUCTIVE FLOOR—24H —

FXRP LOOK-THROUGH—24H —

XRP COLLATERAL—24H —

FXRP POOLS—24H —

FLR CIRCULATING—24H —

SGB CIRCULATING—24H —

FLR BURNED—24H —

SGB BURNED—24H —CAPITAL ACTIVATION SPREAD—24H —

FLR USE FLOOR—24H —

SGB USE FLOOR—24H —WALLET ALERTS · 24H—24H —LARGE TRANSFERS · 24H—24H —

FLR WALLET PRESSURE—

SGB WALLET PRESSURE—

SMART ACCOUNT EVENTS · 24H—24H —

NET FLOW · 24H—THIRD-PARTY XRPFi—24H —

FLR—24H —

SGB—24H —

FLR TX · 24H—24H —

SGB TX · 24H—24H —

VALIDATORS—24H —

FLR STAKED—24H —

FXRP SUPPLY—24H —

MINT UTIL—24H —

PRODUCTIVE FLOOR—24H —

TOTAL ASSETS—24H —

FXRP SPOT—24H —

FXRP SUPPLIED—24H —

FXRP UTIL—24H —

FXRP LOOK-THROUGH—24H —

XRP COLLATERAL—24H —

FXRP POOLS—24H —

FLR CIRCULATING—24H —

SGB CIRCULATING—24H —

FLR BURNED—24H —

SGB BURNED—24H —CAPITAL ACTIVATION SPREAD—24H —

FLR USE FLOOR—24H —

SGB USE FLOOR—24H —WALLET ALERTS · 24H—24H —LARGE TRANSFERS · 24H—24H —

FLR WALLET PRESSURE—

SGB WALLET PRESSURE—

SMART ACCOUNT EVENTS · 24H—24H —

NET FLOW · 24H—THIRD-PARTY XRPFi—24H —

Intelligence / XRPFi

XRPFi yield term structure and fixed-vs-floating context.

Pro

SYNC

PRODUCTIVE FLOOR—24H —

FXRP LOOK-THROUGH—24H —

XRP COLLATERAL—24H —

FXRP POOLS—24H —

FLR CIRCULATING—24H —

SGB CIRCULATING—24H —

FLR BURNED—24H —

SGB BURNED—24H —CAPITAL ACTIVATION SPREAD—24H —

FLR USE FLOOR—24H —

SGB USE FLOOR—24H —WALLET ALERTS · 24H—24H —LARGE TRANSFERS · 24H—24H —

FLR WALLET PRESSURE—

SGB WALLET PRESSURE—

SMART ACCOUNT EVENTS · 24H—24H —

NET FLOW · 24H—THIRD-PARTY XRPFi—24H —

FLR—24H —

SGB—24H —

FLR TX · 24H—24H —

SGB TX · 24H—24H —

VALIDATORS—24H —

FLR STAKED—24H —

FXRP SUPPLY—24H —

MINT UTIL—24H —

PRODUCTIVE FLOOR—24H —

TOTAL ASSETS—24H —

FXRP SPOT—24H —

FXRP SUPPLIED—24H —

FXRP UTIL—24H —

FXRP LOOK-THROUGH—24H —

XRP COLLATERAL—24H —

FXRP POOLS—24H —

FLR CIRCULATING—24H —

SGB CIRCULATING—24H —

FLR BURNED—24H —

SGB BURNED—24H —CAPITAL ACTIVATION SPREAD—24H —

FLR USE FLOOR—24H —

SGB USE FLOOR—24H —WALLET ALERTS · 24H—24H —LARGE TRANSFERS · 24H—24H —

FLR WALLET PRESSURE—

SGB WALLET PRESSURE—

SMART ACCOUNT EVENTS · 24H—24H —

NET FLOW · 24H—THIRD-PARTY XRPFi—24H —

FlareSignal · XRPFi Yield Intelligence

Yield Generated & Priced

See what XRP-derived capital has actually earned, what it is earning now, and how Spectra is pricing future stXRP yield across maturities.

PUBLIC SURFACE

GENERATED VS PRICED

Verified Yield Attribution

Realised XRPFi earnings are measured separately from current Spectra term rates, which remain a market-pricing layer rather than a proxy for realised earnings.

HISTORY IN PROGRESS

Kinetic FXRP99.1%

Verified additive output mix500,640.716126 FXRP

Firelight 0.0%Kinetic FXRP 99.1%SparkDEX LP 0.9%

Principal, incentive quotes, gross fee parents and wrapper appreciation do not enter this total.

Historical evidence33.3% additive coverage25.0% evidence verified

Firelight 0.0000 FXRPKinetic 496,365.5109 FXRPSparkDEX 4,275.2052 FXRP

Coverage is an evidence-completion metric, not an APY or performance score.

6.17%Spectra share

Market-priced term layer4 active maturities4/4 fresh rate points · weighted 2.16%

Firelight0.000000 FXRPpost-activation rewards

Kinetic FXRP496,365.510944 FXRPbase lender interest

SparkDEX4,275.205182 FXRPdirect-FXRP LP fees

Morpho / Mystic0.000064 FXRPgross borrower interest · non-additive

Clearstar earnXRP share value1.1321%

Monarq MXRPY share value0.8010%

Bizantine SuperVault share value0.1149%

Generated vs priced: realised earnings and Spectra fixed APYs answer different questions. Fixed APYs are current market prices for future stXRP yield and are never summed with realised output.

TERM + CAPITAL SNAPSHOT

Spectra At A Glance

Read the current stXRP term market before the detailed maturity table and history. Yield pricing, liquidity and Firelight-backed capital remain separate from realised XRPFi earnings.

PUBLIC CURRENT STATE

6.17%stXRP share

stXRP located in Spectra3,262,766.04 stXRPVerified physical receipt capital across pools and PrincipalToken contracts.

Liquidity-weighted fixed APY2.16%Inverted · slope -2.22 ppCurrent pricing state only. This is not realised yield attribution.

Active maturity surface4 markets

Fresh rate points 4Next maturity 72.34 daysTotal liquidity $2.76M

Only verified active stXRP maturity markets enter the term surface.

100%Fresh quotes

Term-data freshness4/4 freshFreshness reflects current official market rate observations, not performance quality.

Current term structure

Inverted

INVERTED

-2.22 pplongest minus nearest fixed APY

Longer-dated observed fixed APY is below the nearest maturity.

Farthest fixed APY0.17%

Total official pool liquidity$2,762,538.00

Days to next maturity72.34

Markets expiring ≤30d0.00

Upward, flat and inverted describe the observed term structure only. They are not forecasts.

Capital look-through

stXRP Inside Spectra

FIRELIGHT-BACKED

3,262,766.04 stXRPunique physical stXRP in verified Spectra pool and PrincipalToken contracts

Direct stXRP in pools1,671,173.88 stXRP

stXRP locked behind PT/YT1,591,592.16 stXRP

FXRP look-through3,262,997.69 FXRP

The FXRP look-through is already counted inside Firelight. Spectra adds a new economic role and term structure, not new underlying XRP.

Current maturities

stXRP Fixed-Rate Yield Curve

The vertical scale is fixed APY. The faint bars show relative market liquidity so rate and depth can be read together.

4/4 FRESH RATE POINTS

Fixed APY Relative liquidityNearest 2.39%Farthest 0.17%

—Fixed APY —Days —Liquidity —

Curve points use Spectra’s official Max PT APY / Max Fixed APY from each fixed-rate market page. FlareSignal independently verifies the corresponding pool, stXRP IBT, PT, YT and maturity on Flare.

SIGNATURE CAPITAL MAP · YIELD MARKET

Capital State + Verified Term Structure

Follow XRP through FXRP and Firelight into stXRP, then separate the physical receipt capital located in Spectra from PT/YT derivative claims and market-priced fixed-rate structure.

VISUAL

stXRP

SPECTRA

XRPFi CAPITAL

UNDERLYINGXRPorigin capital

FXRP3,262,997.69 FXRPlook-through capital

stXRP3,262,766.04 stXRPphysical receipt capital in Spectra

TERM MARKET STRUCTURE

Spectra4 maturitiesverified active term markets

PT2.16%fixed-rate / principal side

YT-2.22 ppfuture-yield pricing context

PRICING STATE

NEAREST FIXED APY2.39%

FARTHEST FIXED APY0.17%

TOTAL LIQUIDITY$2.76Mmarket liquidity, not realised earnings

PT and YT are derivative claims over stXRP.They contribute zero additional underlying XRP to FlareSignal capital totals.

Rate history

Fixed-Rate Curve Movement

The shaded range shows the spread between the nearest and farthest maturity; the weighted rate sits inside that term structure.

Nearest Farthest Liquidity weighted

—Nearest —Farthest —Weighted —

Methodology

Why this is a yield curve

Spectra Principal Tokens have defined maturities. Ordering the official fixed-rate quotes for the same stXRP interest-bearing asset by maturity produces a term structure. App quotes and on-chain contract state remain separate source layers.

Official ecosystem links

Spectra sources

Spectra Flare Pools Principal & Yield Tokens Tokenizing Yield PrincipalToken Reference Spectra TWAP Oracles

PRO DEPTH · ANALYTICAL LAB

Spectra 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