Ripple has added access to decentralised derivatives by integrating Hyperliquid into its Ripple Prime institutional brokerage platform, marking its first direct move into on-chain trading venues.
The integration allows Ripple Prime clients to trade perpetual futures on Hyperliquid while cross-margining decentralised finance positions alongside traditional assets such as FX, fixed income and OTC swaps.
“At Ripple Prime, we are excited to continue leading the way in merging decentralised finance with traditional prime brokerage services,”
Said Michael Higgins, international chief executive of Ripple Prime.
Ripple said the structure lets institutions access on-chain derivatives under a single counterparty framework with centralised risk controls, removing the need for direct wallet management or smart contract interaction.
The move signals a shift in Ripple’s institutional strategy from payments and infrastructure toward execution and market access within decentralised trading environments.
Analysts noted the integration strengthens Hyperliquid’s role in institutional workflows but does not directly expand use cases for XRP or the XRP Ledger.
Ripple has not announced further DeFi integrations, though industry participants expect additional expansions in 2026 as prime brokers compete for institutional crypto trading flows.
At the time of reporting, Hyperliquid price was $33.71.