Jack Paul 
Firelight Protocol has partnered with Sentora to embed a capital-backed protection layer directly into Sentora’s institutional DeFi vault infrastructure. Sentora already oversees billions of dollars in deployed strategies for platforms including Kraken and Fireblocks. The integration was announced in Dubai on April 23.
Under this partnership, Firelight will function as the dedicated cover protocol for Sentora’s vault ecosystem. This gives participants embedded protection against smart contract exploits, oracle failures, and bad debt when deploying capital onchain. Sentora positions itself as a curator of institutional-grade DeFi strategies, with non-custodial vaults, real-time analytics, and more than $3 billion in cumulative deployed capital across hundreds of positions.
Sentora CEO Anthony DeMartino said that onchain cover primitives are needed for broader DeFi adoption. He noted that even with leading risk models, many participants want more than just risk mitigation. They want a clear, capital-backed protection layer integrated directly into how capital is deployed onchain.
Addressing DeFi’s structural weaknesses
The collaboration targets one of DeFi’s persistent issues: exploit and oracle risk has repeatedly limited institutional participation, despite the growth of curated products like Kraken’s DeFi vaults and Fireblocks’ Earn offering. By embedding coverage at the vault level, both teams aim to standardize protection as a first-class component of onchain capital deployment, rather than an afterthought added at the protocol level.
Firelight is built on the Flare Network and uses FXRP a non-custodial, 1:1 wrapped representation of XRP as its primary collateral base. This allows staked XRP to underwrite protocol risk while remaining a yield-bearing asset. Flare has emerged as a leading DeFi venue for XRP after FXRP’s launch, with network total value locked rising nearly 38%. Wrapped XRP enables lending and liquidity strategies not possible on the XRP Ledger itself.
Institutional-grade infrastructure
Flare co-founder Hugo Philion said the partnership represents what they have been building toward with Flare: institutional-grade infrastructure that puts XRP to work in new ways. He framed it as supporting DeFi at scale with robust collateral, transparent risk frameworks, and integrated protection mechanisms.
Architecturally, Firelight combines diversified collateral pools backed by FXRP, programmatic underwriting powered by Sentora’s proprietary risk models, and automated claims processing. This design aims to reduce friction and improve transparency for both stakers and cover buyers. Sentora co-founder Jesús RodrÃguez described the shared stack as a capital-efficient protocol capable of underwriting technical and economic risk. He argued that years of stress-testing risk models across billions of onchain capital gives the combined system an edge over earlier mutual-style DeFi cover experiments.