Ripple opens Wall Street’s door to Hyperliquid’s $59 billion trading market

Ripple announced on Oct. 15 that institutions are now able to trade swaps referencing more than 100 traditional financial markets around the clock, with Ripple Prime acting as the principal counterparty. These swaps span stocks, equity indices, ETFs, metals, energy, and foreign exchange, referencing perpetual contracts listed by Trade.xyz on Hyperliquid. The structure provided by Ripple offers consolidated…

Frequently Asked Questions

  • When did Ripple make this announcement?
    Ripple announced the news on Oct. 15.
  • What role does Ripple Prime play?
    Ripple Prime serves as the principal counterparty for the trades.
  • How many traditional financial markets are referenced?
    Institutions can trade swaps referencing more than 100 traditional financial markets.
  • What asset classes do the swaps cover?
    The swaps cover stocks, equity indices, ETFs, metals, energy, and foreign exchange.
  • Where are the referenced perpetual contracts listed?
    The perpetual contracts are listed by Trade.xyz on Hyperliquid.

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