- SparkDEX integrates with Luminite wallet to enable direct non-custodial perpetual trading.
- Users can trade with FXRP, WFLR, SFLR, and USDT0 as collateral on Flare Network.
- Integration boosts SparkDEX liquidity and offers up to 20% fee discounts via xSPRK staking.
SparkDEX Eternal, a perpetuals exchange on Flare Network, integrated its platform into the Luminite wallet on Nov. 3, allowing users to trade leveraged crypto contracts directly from the wallet interface. The integration supports four collateral types, including FXRP, wrapped XRP on Flare’s blockchain.
Four Collateral Options Available
According to the announcement, the platform will support four collateral types for perpetual trading: FXRP, WFLR, SFLR, and USDT0. FXRP represents wrapped XRP on the Flare Network, created through the FAssets protocol, which will allow users to bridge XRP from the XRP Ledger. Luminite is a non-custodial wallet built for the Flare ecosystem. Flare Network recorded approximately 40 million bridged XRP tokens worth $96 million through the FAssets system as of late October 2025.
In addition to this sentiment, according to DefiLlama, SparkDEX reported a total value locked of $63.28 million, with 30-day decentralized exchange volume reaching $246.21 million. The platform integrates Flare Time Series Oracle v2, which provides market data with sub-two-second refresh intervals for price feeds and funding rate calculations. SparkDEX’s V3 DEX features liquidity pools that support FXRP trading pairs within the Flare ecosystem.
Non-Custodial Trading Features
Luminite users can execute perpetual trades directly from their wallets, eliminating the need to transfer assets to an exchange. The integration includes trailing stop and stop loss order types, allowing traders to automate position management based on price movements. Users retain full custody of their collateral throughout the trading process.
Moreover, according to the report, the platform is set to offer tiered perpetual trading fee discounts for users who stake $SPRK tokens to receive xSPRK. In addition, traders can access discounts up to 20 percent based on their staking tier.
