Enosys Loans is a friendly fork of Liquity v2, enabling users to create collateralised debt positions on the Flare Network.
Initially supporting FXRP and wFLR as collateral - but with plans to expand support to include staked XRP (stXRP from Firelight ), FBTC (Bitcoin bridged to Flare), and other assets - Enosys Loans is poised to unlock unprecedented utility for major cryptocurrencies like XRP and Bitcoin in decentralized finance. By harnessing Flare’s advanced infrastructure, including the Flare Time Series Oracle (FTSO) for decentralized collateral pricing, Enosys Loans is set to redefine how non-smart contract assets participate in DeFi.
Unlocking DeFi for XRP
For the first time, XRP holders can use their assets as collateral in a CDP to mint a new stablecoin, enabling participation in DeFi applications such as lending, borrowing, and yield generation while still maintaining exposure to the underlying FXRP. This is a transformative step for XRP, which, due to the XRP Ledger’s lack of native smart contract functionality, has historically been excluded from the broader DeFi ecosystem. The planned inclusion of FBTC will further extend this capability to Bitcoin, unlocking the potential of two of the most valuable cryptocurrencies-representing trillions in market capitalization-for DeFi use cases.
A Friendly Fork of Liquity V2: Proven and Enhanced
Enosys Loans builds on the robust foundation of Liquity V2, a leading CDP protocol on Ethereum known for its efficiency, low fees, and user controlled interest rates. By forking Liquity V2, Enosys inherits its battle-tested mechanics while tailoring the protocol to Flare’s unique capabilities. This friendly fork enhances Liquity’s model by integrating Flare’s decentralized infrastructure, ensuring Enosys Loans is optimized for scalability, security, and interoperability.
Flare FTSO: Decentralized and Reliable Price Feeds
A cornerstone of Enosys Loans is its use of the Flare Time Series Oracle (FTSO) for decentralized collateral pricing. Unlike traditional oracles that may rely on centralized data sources, FTSO aggregates price feeds from independent signal providers, delivering highly accurate and tamper-resistant data for assets like FXRP and FBTC.
This ensures that Enosys Loans maintains precise collateral-to-debt ratios, protecting users from volatility and enabling trustless, secure borrowing. With the FTSO’s ability to scale to thousands of data feeds (as seen with FTSO V2), Enosys Loans is future-proofed for supporting an expanding range of collateral types.
Delegation Rewards and FlareDrops
In keeping with the Enosys ethos, all wFLR that is used as collateral will be delegated on the owners behalf. This wFLR will receive delegation rewards and FlareDrops which will be claimable by the owner when distributed by the Flare systems.
Expanding Collateral Options
Enosys Loans will initially support FXRP and wFLR as collateral, enabling XRP holders to mint a stablecoin for use in Flare’s DeFi ecosystem. However, the protocol’s roadmap includes support for stXRP, FBTC, and other F-Assets, creating a versatile platform that caters to diverse user needs.
This expansion will position Enosys Loans as a multi-asset CDP, allowing users to leverage a variety of high-value cryptocurrencies while maintaining the protocol’s decentralized and trustless ethos.
Where is Enosys Loans CDP available for purchase?
You can exchange CDP tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Enosys Loans CDP is Enosys V3 (Flare), notably the CDP/USDT0 pair, which saw a trading volume of $ 36,948 in the past day.
What is the highest value Enosys Loans CDP (CDP) has ever reached?
Enosys Loans CDP (CDP) reached its peak price at 1.008 $ on 18 December 2025, approximately a day ago ago. Presently, the current price is -0.96% lower than this all-time high.
What is the historical minimum price for Enosys Loans CDP (CDP)?
The minimum price reached for Enosys Loans CDP (CDP) was 0.995 $, documented on 19 December 2025, more than 10 hours ago. In comparison, the current price is 0.33%, it above this historical low.
What is the fully diluted valuation of Enosys Loans CDP (CDP)?
The fully diluted valuation (FDV) of Enosys Loans CDP (CDP) stands at $ 3,51 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of CDP tokens. The realization of this FDV might take several years depending on the emission schedule of CDP tokens.