Ripple Prime Expands Institutional Access to Hyperliquid Markets with New Swaps

Ripple Prime has recently introduced a suite of real-world asset perpetual swaps, allowing institutional clients to trade across more than 100 traditional financial markets on the Hyperliquid platform. This initiative aims to bridge the gap between institutional brokerage services and decentralized trading.

The new swaps cover a wide range of asset classes, including equities, equity indices, exchange-traded funds (ETFs), metals, energy, and foreign exchange. Trading and settlement are available 24/7, including weekends, with Ripple acting as the principal counterparty for these transactions.

As part of this offering, eligible clients can utilize Ripple's RLUSD stablecoin as collateral, with cross-margining support across various asset classes to help manage portfolio risk. Market maker Virtu is among the first institutions to leverage these new products.

Despite the positive developments, the HYPE token, which is associated with Hyperliquid, remains under pressure. After a recent rebound to approximately $81.88, HYPE is still facing resistance at the 50-day Exponential Moving Average (EMA) of $83.10. Analysts note that while longer-term support appears intact, short-term recovery attempts are encountering significant overhead resistance.

In a related development, EQX Labs plans to introduce 11 tokenized US equity and ETF markets on Hyperliquid's infrastructure, further expanding the platform's offerings and traditional market exposure.

New Developments in Ripple Prime's Offerings

• Ripple Prime has launched a service for 24/7 swaps on real-world assets including equities, ETFs, metals, energy, and currencies.
• The new service utilizes perpetual futures on the Hyperliquid platform, expanding institutional access to blockchain-based derivatives.
• This offering operates outside conventional exchange hours and allows for cross-margining using RLUSD as collateral.
• Ripple Prime is currently operating under its BVI CIV license.
• Market maker Virtu is one of the first to onboard this service, indicating early institutional interest.
• The platform now supports over 100 reference markets as part of Ripple Prime’s efforts to enhance its institutional prime-brokerage platform.
• Market pricing reflects a moderate positive impact on Hyperliquid’s perceived value, with a slight increase in the odds of it reaching $100 by December 31, 2026.
• Current market pricing shows a 45% probability of Hyperliquid reaching $100, up from 43% the previous day.