what's Kinetic?
Kinetic is a decentralized lending and borrowing protocol built on the Flare Network, enabling users to supply assets for yield and borrow against collateral in a permissionless manner. It supports native Flare assets like FLR and bridged tokens such as FXRP, wETH, USDT, and USDC, facilitating cross-chain liquidity and DeFi participation without intermediaries. The platform integrates analytics from partners like Dune and IntoTheBlock for real-time insights into liquidity and risk, while ensuring security through collaborations with Hex Trust and Rome Blockchain Labs. Users can earn yield by lending assets, leverage positions through borrowing, and engage in advanced features like liquid staking derivatives. Kinetic's infrastructure allows seamless interactions via wallets like Bifrost and Luminite, with ongoing expansions including stablecoin support and FAssets integration to enhance Flare's ecosystem utility.
Kinetic's USD₮0 lending on Flare reached $3.43M TVL at 15.47% APR.
Operates USD₮0 lending pool on Flare Networks with $3.43M TVL and 15.47% APR (30-day average 12.94%) as of March 24, 2026.
First SUPA Pools launching soon with SOL/USDC pair.
Firelight launches Ignition program featuring integration with Kinetic for lending and structured strategies, alongside liquidity routing through SparkDex and Enosys DEXs, and Spectra for additional structured strategies.
A potential airdrop exists for active users of the platform.
SUPA protocol launches with batch-clearing mechanism that executes all trades at uniform price within 400ms slots, eliminating front-running and sandwich attacks on Solana.
4% APY yield available on XRP deposits.
FXRP now available as collateral for borrowing and lending on the platform, with stXRP (liquid staked FXRP) collateral support launching soon as part of Flare's XRPFi DeFi infrastructure.
Selected as key protocol for Flare's 2.2B FLR incentive program with 30-day claim cycles.