XRP Spot Trading Explodes on Hyperliquid: DeFi Liquidity Bridge via Flare Goes Live
Hyperliquid just plugged DeFi's biggest leak—connecting XRP's massive liquidity directly to the decentralized world through Flare's oracle network.
The Seamless Bridge
Forget clunky wrapped assets and sketchy bridges. This integration cuts out the traditional finance middlemen entirely. XRP holders can now move value from centralized exchanges straight into DeFi protocols—bypassing the usual friction and fees that make bankers rich.
Why This Changes the Game
Flare's decentralized oracles provide the critical price data, making XRP a functional, trustless collateral asset across the ecosystem. It's not just another listing; it's a direct pipeline for capital flow. Suddenly, yield farming, lending, and derivatives markets have access to one of crypto's largest and most liquid assets.
The real test? Seeing if the so-called 'institutional grade' asset can handle the wild volatility of DeFi without its traditional custodians holding its hand. One thing's for sure—the old guard's fee-heavy corridors are looking more obsolete by the block.
The launch was announced by Flare Networks, which enabled the first FXRP/USDC spot trading pair on the exchange. Until now, the decentralized exchange only supported XRP-perpetual futures, which allow traders to speculate on price without owning the asset.
This new listing changes that. Traders can now access actual XRPs exposure using FXRP, a 1:1 representation of XRPs. Hyperliquid runs on its own high-performance Layer-1 blockchain and has recorded over $185 million in trading volume in the past 24 hours, making it one of the most active onchain trading platforms.
How The Trading Exactly Works
FXRP is created using Flare’s FAssets system, which allows non-smart-contract assets to be used in DeFi. Real XRP is locked on its Ledger (XRPL), and FXRP is issued on FlareNetwork at a 1:1 ratio.
To MOVE FXRP to Hyperliquid, Flare uses LayerZero’s omnichain token standard. This lets F-XRP move across blockchains without centralized custody. Traders can follow this flow:
Lock XRPs on ledger and receive FXRPs on Flare
Transfer FXRPs to Hyperliquid
Trade FXRP/USDC on the exchange’s onchain orderbook
Later move FXRPs back to Flare or convert it back to XRPs
A one-click bridge back to native XRPs is expected soon.
FXRP-USDC Current Market Snapshot
At the time of launch, the FXRP-USDC spot pair showed the following data:
Price: $2.1013
24-hour Change: -3.85%
24-hour Volume: $33,347.75 USDC
Market Cap: $38.77 trillion USDC (FXRP-representation)
The platform has recorded over $185 million in trading volume in the past 24 hours across markets.
For this, market liquidity and pricing may vary as adoption of F-XRP spot trading develops.
How This Matters for XRP Traders and Institutions
According to Flare co-founder Hugo Philion, the goal is to expand XRP’s use across DeFi while keeping XRPL as the final settlement layer. Hyperliquid’s orderbook model offers tighter spreads and better execution than typical DeFi pools, which matters for larger investors.
This launch allows XRP-holders to hedge futures positions, access deeper liquidity, and use XRPs in lending, staking, and other DeFi tools, without giving up ownership.
