Ripple has integrated the decentralised derivatives trading protocol Hyperliquid into its institutional prime brokerage platform, Ripple Prime.
Coindesk recently reported that this allows Ripple Prime users to access Hyperliquid's on-chain derivatives liquidity while keeping margin and risk management within the existing platform.
Ripple said the integration supports managing DeFi derivatives and traditional financial assets on a single platform. Ripple Prime supports traditional assets such as foreign exchange, fixed income and over-the-counter swaps, and provides centralised risk management and capital efficiency.
The integration comes amid a broader push to strengthen interoperability between DeFi and traditional finance. Earlier this year, interoperability-focused blockchain Flare listed FXRP on Hyperliquid and opened the first XRP spot market.
Coindesk reported that Ripple's announcement focuses on derivatives access through Ripple Prime rather than retail spot trading.
Chi-gyu Hwang
delight@d-today.co.kr