Ripple’s prime brokerage platform adds support for decentralized exchange Hyperliquid

Ripple has integrated support for the decentralized derivatives trading protocol Hyperliquid into its institutional prime brokerage platform, Ripple Prime. This integration allows Ripple Prime clients to access Hyperliquid’s on-chain perpetuals liquidity while maintaining centralized margin and risk management within Ripple Prime. Clients can now cross-margin decentralized finance (DeFi) derivatives exposures alongside their existing positions in traditional assets like FX and fixed income supported by the platform. Ripple Prime, launched following the acquisition of Hidden Road, aims to be a single access point for institutions managing multi-asset portfolios, emphasizing capital efficiency and centralized risk management. Hyperliquid has recently gained significant traction, becoming the largest perpetual contracts decentralized exchange with over $5 billion in open interest as of mid-January.

(Source：CoinDesk)