Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Upshift, Clearstar, and Flare have unveiled earnXRP, a new onchain yield vault that allows XRP holders to earn compounded, XRP-denominated returns.
Upshift, Clearstar and Flare are launching earnXRP, a new XRP-denominated yield vault designed to make earning onchain XRP yield simpler, more transparent, and more accessible.
XRP holders can now generate yield directly denominated in XRP, without managing complex DeFi strategies themselves. The Flare XRP Yield Vault is made possible by Flare’s FAssets system, supported by Upshift’s vault infrastructure, and curated by Clearstar, an onchain risk manager with institutional expertise.
earnXRP is the first fully onchain yield product denominated in XRP. It allows users to deposit FXRP (XRP represented 1:1 on Flare) into a single vault that deploys capital across a diversified set of yield strategies. All returns are automatically compounded back into XRP.
Rather than relying on a single source of yield, earnXRP aggregates multiple onchain strategies into one transparent, non-custodial vault that users can access with a single deposit.
How it works is that users deposit FXRP directly from their wallets into the earnXRP vault. In return, users receive earnXRP, the vault’s receipt token. This token represents the user’s deposited FXRP plus any yield generated over time. The vault deploys FXRP into curated strategies, with all profits compounded back into XRP. When users request a withdrawal, their earnXRP tokens are burned and FXRP is returned to their wallet. All vault operations are handled autonomously by Upshift’s infrastructure.
The earnXRP vault uses a diversified, market-aware strategy designed to generate yield while remaining fully denominated in FXRP. These strategies bring on-chain versions of yield-generation approaches that professional funds have used for years, now accessible through a single vault.
At launch, the strategy consists of: Carry trades, staking and cover underwriting via Firelight, and concentrated liquidity provision in AMMs. These are combined into a single, easy-to-use vault designed to offer XRP-denominated yield without requiring users to actively manage or rebalance positions. Additional strategies will be added and scaled over time.
