Ripple Prime Integrates Hyperliquid to Open DeFi Derivatives Access

TheNewsCryptoPublished on 2026-02-05Last updated on 2026-02-05

Abstract

Ripple Prime, the institutional brokerage arm of Ripple, has integrated the Hyperliquid decentralized derivatives exchange into its platform. This partnership, announced on February 4, aims to bridge traditional finance with decentralized trading. The integration allows institutional clients to trade and margin perpetual futures and other derivatives on Hyperliquid's Layer 1 blockchain, alongside traditional products like FX and OTC swaps. A key benefit is a single counterparty framework with centralized risk controls and consolidated margin, eliminating operational barriers. This enables institutions to access on-chain derivatives without direct wallet or smart contract management. Ripple's International CEO stated this move continues their leadership in merging DeFi with prime brokerage. The integration is noted as a significant shift toward market access services and boosted the price of HYPE, Hyperliquid's native token, by 5%. Further DeFi integrations from Ripple are anticipated in the future.

The institutional brokerage arm of Ripple has permitted access to decentralised derivatives markets by amalgamating Hyperliquid into its Prime brokerage platform. The firm publicised the partnership through a statement published on February 4, keeping it as a step to connect traditional finance with decentralised trading.

Ripple has stated that Ripple Prime now backs trading and margining on Hyperliquid, a decentralised Layer 1 blockchain having completely on-chain order books. Via this amalgamation, institutional clients can have access to perpetual futures and other derivatives at the time of managing exposure along with FX, fixed income, OTC swaps, and cleared products.

Positions are managed under a sole counterparty framework, having centralised risk controls and consolidated margin. For a lot of institutions, the structure eliminated a prominent operational barrier.

Trading over decentralised venues now doesn’t need direct wallet management or smart contract contact, permitting companies to treat on-chain derivatives more like traditional exchange products.

What Did The CEO Say?

The International CEO of Ripple Prime, Michael Higgins, states that at Ripple Prime, the team is excited to carry on to lead the way in amalgamating decentralised finance with traditional prime brokerage services, providing direct support to trading, yield generation and a wide array of digital assets.

Ripple refers to this step as the first direct association to a decentralised trading protocol, indicating a shift from infrastructure and payment-targeted services toward market access and implementation.

Hyperliquid has come out as one of the biggest on-chain perpetuals platforms, backing high-volume trading and now, institutional-style market infrastructure. The analysts note that the amalgamation makes the role of HYPE more robust in institutional trading workflows but does not make a direct use case for XRP or the XRP Ledger.

After the announcement, the price of HYPE witnessed a 5% gain regardless of the current crypto market downturn. Any publicisation regarding extra DeFi amalgamations after the release hasn’t been made through Ripple. Although, the sources of the industry anticipate further platform expansions in 2026 as prime brokers compete for institutional crypto flows.

Highlighted Crypto News Today:

Bybit’s Mantle Vault Surpasses $150M AUM in Record Four-Week Growth

TagsHYPEHyperliquidRipple

Related Questions

QWhat is the main purpose of Ripple Prime's integration with Hyperliquid?

AThe main purpose is to open access to decentralized derivatives markets for institutional clients, allowing them to trade perpetual futures and other derivatives while managing exposure to traditional assets like FX, fixed income, and OTC swaps.

QHow does the integration with Hyperliquid benefit institutional clients in terms of operational efficiency?

AIt eliminates the need for direct wallet management or smart contract interaction, allowing companies to treat on-chain derivatives more like traditional exchange products and manage positions under a single counterparty framework with centralized risk controls.

QWhat did Michael Higgins, the International CEO of Ripple Prime, say about this integration?

AHe stated that Ripple Prime is excited to lead the way in integrating decentralized finance with traditional prime brokerage services, providing direct support for trading, yield generation, and a wide array of digital assets.

QHow did the market react to the announcement of the Ripple-Hyperliquid integration?

AFollowing the announcement, the price of HYPE (Hyperliquid's native token) witnessed a 5% gain despite the broader crypto market downturn.

QWhat does this integration signify for Ripple's strategic direction according to the article?

AIt signifies a shift from infrastructure and payment-focused services towards providing market access and execution, marking Ripple's first direct association with a decentralized trading protocol.

Related Reads

After Three Consecutive Quarters of Decline, Can the Crypto Market Find a Window for Stabilization in Q3?

The cryptocurrency market has just concluded its worst-performing quarter since 2022, with total capitalization dropping 12.6% to $2.1 trillion. All core metrics indicate capital is leaving the sector, not just rotating within it. Bitcoin fell 14.2% and Ethereum dropped 25.4% in Q2, breaking their previous correlation with US tech stocks. A key driver is the reversal in US spot Bitcoin ETF flows, which saw a net outflow of approximately $4.67 billion in Q2, including a record monthly outflow near $4.5 billion in June. While recent data suggests long-term holders are accumulating again, sustained ETF outflows mean continued selling pressure. Market focus is now singularly on the Federal Reserve. The upcoming July FOMC meeting is seen as the most critical event for Q3. A dovish signal could support Bitcoin reclaiming a $68,000-$84,000 range, while a hawkish stance might establish a new trading band around $50,000-$56,000. Additionally, regulatory uncertainty persists, with the progress of the crucial *CLARITY Act* stalling in the Senate, reducing its perceived 2026 passage probability to 40-45%. Despite the broad downturn, a few sectors showed growth. Prediction markets saw nominal volume surge 48.7% year-over-year to $113.8 billion, and tokenized collectibles transaction volume rose 143% quarterly to $1.4 billion. The Real-World Asset (RWA) tokenization sector also continued steady growth, now representing ~$28.1 billion in on-chain value. The market's foundation for an extreme crash appears limited, with Bitcoin price hovering near its 200-week moving average. However, the trading paradigm has shifted from narrative-driven speculation to decisions based on price action, policy developments, and interest rate expectations, making a broad sentiment-driven rally unlikely in the near term.

marsbit14h ago

After Three Consecutive Quarters of Decline, Can the Crypto Market Find a Window for Stabilization in Q3?

marsbit14h ago

BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

**Crypto & Stock Market Wrap: Bitcoin Tests Resistance, Stocks Retreat After AI Surge** Bitcoin consolidates around $66,000, facing key resistance near $68,000—an area seen as a major psychological and technical hurdle where previous rallies have failed. Analysts note the cryptocurrency is caught between its 200-week moving average (~$63,333) and 200-week EMA (~$68,328). A clear break above $68k is needed to signal a stronger bullish trend, while a rejection could lead to a retest of $63k support. Market sentiment remains cautious, with low futures open interest pointing to a low-liquidity rebound rather than a full bull market. Bitcoin spot ETFs saw another $203 million inflow. US stock futures pointed lower after a strong Tuesday session led by a massive rebound in semiconductors and memory stocks. The rally was fueled by renewed optimism about AI-driven hardware demand, with Micron, SanDisk, and SK Hynix surging. However, those gains reversed in pre-market trading. Super Micro Computer (SMCI) soared over 20% after hours on strong guidance and a record backlog. Other standouts included Rocket Lab and nuclear energy plays Oklo and X-Energy. Rising oil prices (Brent above $91) and climbing Treasury yields (10-year near 4.64%), however, are reigniting inflation concerns and acting as a headwind for equities. In Asia, markets were mixed. South Korea's KOSPI pared early gains to close slightly higher as semiconductor stocks like SK Hynix gave back initial surges. Japan's Nikkei edged lower as the yen hit a fresh 38-year low against the dollar, raising fears of potential market intervention. Key events to watch include the Samsung Galaxy launch, AMD's AI event, and a slew of major tech earnings from Alphabet, Tesla, and IBM after the close on Wednesday, followed by the ECB meeting and Intel's earnings on Thursday.

marsbit14h ago

BIT Trading Moment: BTC Still Suppressed by Weekly 200 EMA, Rejection May Restart Decline; Storage and Semiconductors that Surged Last Night Begin Falling in Evening Trading

marsbit14h ago

Former CFTC Chairman, Circle President Tarbert: Preaching Long-Termism While Cashing Out $30 Million Himself

Former CFTC Chairman and Circle President Heath Tarbert has consistently advocated for a long-term vision in public, urging patience from investors as Circle’s stock price has fallen significantly from its peak. However, it has been revealed that since Circle’s IPO, Tarbert has continuously sold his CRCL shares through pre-arranged trading plans, cashing out approximately $30 million, without making any public market purchases. This contrast between his public messaging and personal actions has drawn criticism. Tarbert joined Circle in July 2023 as Chief Legal Officer, leveraging his regulatory experience to help guide the company through its IPO and expansion. Despite promoting stablecoins as long-term infrastructure, he established a 10b5-1 trading plan just before Circle went public, leading to substantial stock sales over the following year. In March 2026, he initiated another plan to sell more shares. His career trajectory highlights a pattern of moving between high-level regulatory roles and influential positions in the financial sector. After resigning as CFTC Chairman in early 2021, he joined Citadel Securities as Chief Legal Officer just 27 days later, during a period of intense regulatory scrutiny for the firm. He later joined Circle, aiding its efforts to navigate regulatory challenges for its public listing. While Tarbert's expertise in policy and compliance is valuable to companies like Circle, his actions—advocating long-term confidence while personally divesting—raise questions about the alignment between his public statements and his private financial decisions, leaving investors who followed his advice to bear the market risks.

marsbit14h ago

Former CFTC Chairman, Circle President Tarbert: Preaching Long-Termism While Cashing Out $30 Million Himself

marsbit14h ago

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

The article titled "Gate Research Institute: Are Crypto Financial Products Sparking a 'Wall Street' Wave—Competition or Convergence?" explores the evolving relationship between the crypto ecosystem and traditional finance (TradFi). The piece begins by reflecting on Bitcoin's original 2009 vision of decentralization, disintermediation, and moving away from banks. It then contrasts this with the 2024 landscape, where key crypto assets like Bitcoin are increasingly held through Wall Street products like ETFs issued by giants like BlackRock. The article questions whether this signifies that TradFi is systematically taking over the rights to issue, price, custody, and distribute crypto financial assets. The core argument is that this is not a zero-sum takeover but rather a bidirectional convergence where each side addresses the other's weaknesses. Crypto offers 24/7 global markets, programmable settlement, and open access but lacks compliant channels, institutional-grade custody, deep fiat liquidity, and mainstream distribution. TradFi possesses these but is constrained by legacy systems, limited operating hours, and slow settlement. Two primary convergence paths are highlighted: * **Path A (CEX to TradFi):** Exemplified by Gate, which has progressed from offering tokenized stocks and CFDs to providing direct, real stock trading (US, Hong Kong, South Korea) within its platform, using USDT. * **Path B (TradFi to Crypto):** Exemplified by Robinhood, which has integrated crypto trading, acquired exchanges like Bitstamp, and is moving traditional assets like stocks onto the blockchain via tokenization and its own Layer 2. Both paths are ultimately competing to become the next-generation, unified financial account—a "super account" where users can seamlessly trade cryptocurrencies, stocks, ETFs, RWA (Real World Assets), and tokenized treasury products in one interface. The growth of RWA and tokenized treasuries (e.g., BlackRock's BUIDL) is presented as the asset-layer fusion, providing stable, yield-bearing assets on-chain and acting as a bridge between the two worlds. In conclusion, the "Wall Street-ization" of crypto is framed as a mutual transformation. Decentralized ideals persist in the protocol layer, while at the application layer, a more efficient, global, and accessible unified capital market is emerging from this convergence. The future competition lies not between crypto exchanges and stockbrokers, but between platforms vying to offer the most comprehensive asset coverage, liquidity, and user experience within a single account.

marsbit14h ago

Gate Research Institute: The 'Wall Street-ization' Wave of Crypto Financial Products – Competition or Integration?

marsbit14h ago

Trading

Spot
活动图片