Coinspeaker
18 hour ago
1 0

BULLISH 📈 : Ripple Prime offers institutions onchain derivatives trading via Hyperliquid integration

Ripple Integrates Hyperliquid into Ripple Prime

  • Ripple has integrated the decentralized derivatives protocol Hyperliquid into its institutional prime brokerage platform, Ripple Prime.
  • This allows institutional clients to trade onchain derivatives via Hyperliquid while managing these positions alongside traditional asset classes.
  • The integration offers access to all asset classes supported by Ripple Prime, including digital assets, FX, fixed income, OTC swaps, and cleared derivatives.

Significance of the Integration

  • This marks Ripple Prime's first major DeFi venue integration, aiming to bridge TradFi and DeFi markets.
  • Enables efficient cross-margining of DeFi exposures with FX or Fixed Income, appealing to high-value institutional traders for complex trading strategies.
  • Positions Ripple as a competitor to traditional digital prime brokers like FalconX or Coinbase Prime.

Background and Impact

  • Ripple Prime was launched following Ripple's acquisition of Hidden Road in April 2025, servicing over 300 institutions with $3 trillion annually cleared.
  • The integration indicates institutional readiness to explore DeFi similar to centralized exchanges (CEX) and digital assets.
  • Signals Ripple's expansion beyond a sole focus on XRP.