Brief
- Ripple has integrated Hyperliquid into its prime institutional brokerage platform, allowing clients to access DeFi derivatives liquidity.
- Hyperliquid has recently seen a surge in commodity futures trading and plans to add prediction markets.
- HYPE is up about 33% monthly and 3% for the week, while XRP has fallen 20% weekly amid a broader decline in the crypto market.
Fast-growing decentralized exchange (DEX) Hyperliquid could welcome a new generation of users following an announcement Wednesday from crypto payments company Ripple that it has added support for exchange via its institutional prime brokerage platform.
The Ripple Prime integration allows institutional clients to access on-chain derivatives liquidity while increasing the cross-margins of their decentralized finance (DeFi) with other asset classes including crypto, foreign exchange, fixed income, over-the-counter swaps, etc.
“This strategic expansion of our prime brokerage platform into DeFi will improve our clients’ access to liquidity, providing the greater efficiency and innovation demanded by our institutional clients,” Michael Higgins, CEO of Ripple Prime International, said in a statement.
Crypto payments giant Ripple offers services built around XRPthe fifth largest cryptocurrency by market capitalization, as well as its stablecoin RLUSD introduced in 2024.
Hyperliquid, which was named DecryptProject of the year 2025 for its impact on the crypto world, continued to evolve with the addition of perpetual futures markets for assets like gold, silver, and copper. This has fueled a trading frenzy in recent weeks, but also significant liquidations amid volatility, as seen last week.
This evolution towards a exchange “exchange everything” continues its plans to introduce “results trading” as announced on Monday, as the platform looks to jump into the expanding boom in prediction markets.
The price of HYPE is up almost 33% over the past month and about 4% over the day and 3% over the past week. XRP has fallen 20% over the past week, amid a broader crypto market rout that has affected most major assets, including Bitcoin and Ethereum.
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