Ripple Prime has partnered with Hyperliquid to provide institutional clients with access to DeFi derivatives through a unified prime brokerage interface. The collaboration enables cross-margining across asset classes such as FX, fixed income, and swaps, while centralizing risk and margin management for enhanced oversight. Hyperliquid’s substantial growth, evidenced by more than $5 billion in open interest, strengthens Ripple Prime’s capabilities in the institutional onchain market.
This marks Ripple Prime’s initial entry into DeFi, allowing clients to trade onchain perpetuals directly via the platform. The move aligns with Ripple’s broader strategy to broaden its institutional offerings, following the acquisition of Hidden Road and the rebranding of its prime brokerage services. Ripple remains focused on delivering robust risk management and margin consolidation across supported markets to serve institutional clients more effectively.
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