Spectra
@spectra_finance
Permissionless yield protocol | Create pools, fix rates, trade yield, govern & earn | Formerly APWine
369 Following 31.2K Followers
Introducing Spectra OTC, live on @FlareNetworks
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Fixed-rate and yield deals, quoted by vaults, public or private, filled in full. Early offers from @GamiLabs and others.
• Fixed rate at size
• Exit to a known buyer
• Custom maturity on request ↓
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A milestone for XRP Finance: stXRP now has a live rate, reflected on Spectra markets @FlareNetworks.
On Spectra, that rate can be fixed, traded and priced in a market built around it. Emissions from @Firelightfi have just started and the rate is building up.
What that means ↓
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Spectra fixed-rate XRP PTs on @FlareNetworks can back a loan.
PTs from the stXRP market maturing on 26 November 2026 are now accepted as collateral on @mystic_finance.
What this means for PT holders:
• The fixed yield locked at purchase still holds to maturity
• FXRP becomes borrowable without selling the PT
• The loan carries a variable rate
Lending market liquidity is provided by the Core FXRP vault operated by @ClearstarLabs.
From minting FXRP to fixing its rate to borrowing against it, every step now happens on Flare.
XRP-denominated PTs on Spectra:
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Permissionless Pool Spotlight
syUSD powered by @LucidlyFi
Pool: 0x86c152dadca1dcfae1b1e958d63c7bdfbc34576c
Maturity: 2 August 2026
Discover on @katana via
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Spectra is kicking off a security audit with @Certora
Scope covers core infrastructure ahead of upcoming releases.
Full details to be shared upon conclusion.
