Xaman Founder Responds to Calls to Dump XRP After Flare XRP Yield Vault Fills in One Week

thecryptobasic.com 3 h

Altcoins

Demand for $XRP-based yield products is accelerating, as a newly launched vault tied to the $XRP ecosystem quickly reached capacity.

This prompted a notable response from the founder of Xaman Wallet.

In a tweet, $XRP community member Mr Fantastic DW shared that the Flare XRPFi yield vault integrated with Xaman had filled up just days after its launch.

Key Points

Xaman’s Flare XRPFi vault filled in just one week, showing rising demand for $XRP yield products.
Founder Wietse Wind confirmed that the vault has reached capacity and that plans to expand are underway.
Wind dismissed selling suggestions, emphasizing $XRP’s long-term value.
Flare data shows 5,400+ holders tried FXRP, with 98% actively using DeFi for the first time.

FXRP Vault Cap Exceeded

According to a screenshot he posted, the vault held 25 million $XRP in total value locked (TVL), worth roughly $33.9 million, while offering about 3.4% APY. The interface displayed a message stating: “The vault is full. Deposits are temporarily unavailable.”

Responding to the post, Wietse Wind, founder of Xaman, confirmed that the vault had indeed reached its limit just over a week after launch. He wrote that the vault for yield on $XRP using Flare smart accounts inside Xaman had become fully subscribed shortly after its introduction.

Wind added that discussions were already underway to increase the vault size to meet demand. The milestone highlights how quickly $XRP holders moved to participate once on-chain yield became accessible directly through a self-custody wallet.

“Dump What? 1 $XRP = 1 $XRP”

Not everyone reacted positively to the development. One user suggested that if the vault was full, holders should sell their $XRP. Wind dismissed the idea with a short response emphasizing the asset’s intrinsic value within the ecosystem: “Dump what? 1 $XRP = 1 $XRP.”

This reflects the view of many long-term holders, who see $XRP as financial infrastructure rather than a short-term trade.

Dump what? 1 $XRP = 1 $XRP

— Wietse Wind – 🪝🛠 Xaman® + XRPL + Xahau (@WietseWind) March 7, 2026

Flare Data Shows Growing $XRP DeFi Participation

Data shared by Flare suggests that the vault’s rapid fill follows strong demand among $XRP holders experimenting with DeFi for the first time. According to Flare’s official update marking one week since the XRPFi integration with Xaman:

18.4 million FXRP had already been minted
More than 5,400 $XRP holders used FXRP for the first time
Many participants had held $XRP for two to three years
About 98% of FXRP holders were actively participating in DeFi

Flare stated that the data indicates $XRP holders are willing to use DeFi tools once the infrastructure supports self-custody and simple access. The integration with Xaman’s Flare Smart Accounts made it easier for $XRP holders to access transparent on-chain yield, quickly leading to deposits hitting the vault’s limit.

Flare contributor Quantic described the demand as “very strong” and added that the team is working to meet the conditions to increase the vault cap and allow more users to participate.

Very strong demand for $XRP yield through @XamanWallet.

We are working to meet the conditions required to raise the cap and allow more users to participate.

This was an early glimpse of the Flare Smart Accounts effect. https://t.co/pvO3H3b07E pic.twitter.com/tFKLXCB6jm

— Quantic (@0xQuantic) March 8, 2026

The momentum reflects a more general shift in how $XRP is being used. While historically known for cross-border payments, new infrastructure on the $XRP Ledger and within the Flare ecosystem is positioning the asset as a yield-generating instrument in DeFi.