Exchanges· ★★★· bullish·

Ripple Prime Connects Institutions to Hyperliquid's 24/7 Markets via Swaps

  • —Ripple Prime opened institutional access to Hyperliquid's 24/7 markets through swaps
  • —The swaps build on its earlier launch of perpetuals on equities, indices and commodities
  • —Hyperliquid is the largest on-chain derivatives venue with round-the-clock trading
Why it matters: Institutional access to Hyperliquid's on-chain derivatives intensifies competition with traditional exchanges and broadens the market for large players.
Source: Google News (crypto query)