XRP Spot Trading Goes Live on Hyperliquid via Flare’s FXRP
The post XRP Spot Trading Goes Live on Hyperliquid via Flare’s FXRP appeared on BitcoinEthereumNews.com.
Hyperliquid is currently offering XRP trading in the spot market through the Flare FXRP token. With the launch, the exchange becomes the first to allow trading of a spot XRP pair. It would also enable users to be exposed directly to XRP using the FXRP-USDC market. How FXRP is Boosting the Growth of XRP DeFi By moving FXRP across chains using the FAssets system of Flare and LayerZero standard OFT, it is possible to send money to chains and back to the XRP Ledger with a single click. According to the official statement, the implementation enables XRP owners access a fresh on-chain trading platform with custody being entirely on the blockchain. Hyperliquid users also receive an easy point of access into the XRPFi ecosystem of Flare without entering through Flare. This is another step that establishes XRP as an important part of decentralized finance. Also, the adoption of XRP DeFi (via FXRP) has increased throughout Flare-based liquidity markets. The market runs on Hyperliquid on-chain order book. It is made to provide tighter spreads, deeper liquidity, and pro-quality trading instruments to active traders. Flare mentioned that FXRP exists as an integrated component in its DeFi ecosystem and uses Hyperliquid in its high throughput architecture. The platform’s aim is to outperform the automated market maker in terms of price discovery and execution. This is particularly useful when there is high activity in the trade. It is designed for institutional-like trading so that more significant orders can be traded at reduced slippage. Can FXRP Expand XRP Liquidity? FXRP employs the multichain bridging flow whereby the asset is directed to Hyperliquid’s HyperEVM before being directed to HyperCore where it is traded. The growth in bridged XRP supports it. Hence, Flare Network bridges strengthen FXRP liquidity growth across related markets. The new spot market also…
Filed under: News - @ January 7, 2026 11:24 pm