Meet Luminite: The Easiest Way to Start Using DeFi on Flare
Dubai, United Arab Emirates, August 5th, 2025, Chainwire
Flare, the blockchain for data, today announced the launch of Luminite, a seedless, non‑custodial wallet that makes it easy for anyone – especially XRP holders – to start using DeFi on Flare.
Built with Turnkey’s embedded wallet technology, Luminite lets users create a wallet in seconds using familiar sign‑in methods like passkeys, biometrics, or email – no seed phrase to write down or store. With Luminite, users stay in control of their assets while maintaining a Web2-like UX. New users can add funds through integrated fiat on‑ramp partners (including Topper) to purchase FLR, XRP, and other supported assets. All this in just a few clicks.
“Luminite was built with one goal in mind: to bridge the gap between Web2 and Web3 users. By removing complex barriers of entry, we’re enabling anyone – from first-time users to seasoned crypto holders – to access the full power of the Flare ecosystem. This is about making DeFi approachable, not just for the crypto-native, but for the next wave of users discovering blockchain through real utility,” said Steve Chadwick, Co-founder of Luminite.
Beyond onboarding, Luminite serves as a direct gateway to Flare’s expanding suite of DeFi protocols. Users can delegate FLR to FTSO (Flare Time Series Oracle) data providers, will be able to mint FXRP using FAssets, swap tokens within the wallet, bridge assets through Stargate, and participate in liquid staking by minting sFLR on Sceptre—all without leaving the Luminite interface.
DeFi activity on Flare continues to grow, with rising participation and TVL across protocols. With an intuitive design and fully integrated flows, Luminite lowers the barrier for first‑time users while giving power users a faster path to everything they need.
Flare also revealed plans for an upcoming Learn & Earn program with Revolut, aimed at incentivizing new users to explore the Flare ecosystem through education and engagement-based rewards.
“DeFi should be accessible to everyone,” said Max Luck, Head of Growth at Flare. “Luminite not only enables seedless login, but makes the first five minutes of DeFi feel like a TradFi app – without compromising control or security.”
Luminite is now live at luminite.app, offering a simplified entry point for users seeking to explore DeFi on Flare.
About Flare
Flare is a Layer 1 network that prioritizes blockchain interoperability, enabling secure and decentralized access to external data and assets for dApps. Powered by its native data acquisition protocols, the Flare Time Series Oracle (FTSO) and the Flare Data Connector, Flare offers developers a simple and coherent stack for building decentralized applications that can safely utilize information from outside the Flare network, including prices and blockchain state. This unique architecture is designed to unlock value from non-smart contract assets like XRP, Bitcoin, and Dogecoin, bringing them onto Flare for use in DeFi and other applications, thereby creating a truly connected blockchain ecosystem.
Disclaimer
This communication is not intended for, and should not be acted upon by, any person in the United Kingdom. The information contained herein does not constitute a financial promotion under the Financial Services and Markets Act 2000 (FSMA) and is not directed at or intended for distribution to any person in the UK. If you are located in the UK, please disregard this message.