Flare has launched Hyperliquid’s first-ever XRP spot market, expanding onchain liquidity and institutional access.
The new market went live through the FXRP/USDC trading pair, marking the first XRP spot exposure available on Hyperliquid.
Flare said the listing was enabled using its FAssets system alongside LayerZero’s omnichain token standard.
The setup allows FXRP to move across blockchains, access Hyperliquid’s orderbook and settle back on the XRP Ledger.
Flare said the integration delivers tighter spreads, deeper liquidity and higher execution quality for XRP trading.
This listing marks the first XRP exposure on Hyperliquid, bringing FXRP to one of the most liquid onchain trading venues available today.
Flare said.
Traders can use FXRP spot markets alongside perpetual contracts to hedge exposure and deploy advanced strategies.
FXRP can also be bridged back to Flare for XRPFi use cases such as lending, staking and decentralised finance applications.
Flare said the move strengthens XRP’s role as a programmable, multichain financial asset while preserving onchain custody.
At the time of reporting, XRP price was $2.18.