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Redeem vUSD

Redeem vUSD for FXRP at face value. In V2, redemptions are by interest rate — the lowest-rate FXRP vaults are redeemed first (borrowers who chose a lower rate accept redemption risk in exchange for cheaper debt). This is the arbitrage that holds the peg floor.

XRP/USD · FTSOv2

live

Reading FlareContractRegistry → FtsoV2 on Coston2

Redemption · FXRP

face value · $1

Burned at $1 each

You receive (est.)—FXRP at the live oracle price · no redemption fee

Each redemption walks at most 25 vaults (lowest interest rate first), so a very large redemption may fill partially — any unredeemed vUSD simply stays in your wallet.

TVL—
vUSD supply—