Ripple Prime has expanded its integration with HyperliquidX, incorporating HIP-3 products to broaden institutional access to tokenized markets.
Ripple Prime’s Major Move
In an X post on Monday, Ripple Prime executive Mike Higgins said that the integration allows institutional investors to trade tokenized commodities such as gold, silver, and oil 24/7 on-chain perpetual contracts. The expansion is expected to increase activity within the HYPE token ecosystem and further advance the market for tokenized real-world assets.
HIP-3 products on Hyperliquid have experienced rapid growth, with daily trading volume reaching $2.30 billion and open interest at $1.99 billion.
These products now account for nearly 40% of daily trading volume and about 28% of total open interest …