Exchanges· ★★★· neutral·

Ripple Prime launches 24/7 perps on 100+ RWA markets

  • —Ripple Prime offers institutions 24/7 swaps on 100+ RWA markets via Hyperliquid
  • —The perp market traded roughly $700bn in August alone
  • —JPMorgan says institutional demand for perps is "no/limited"
  • —Weekends account for only 10–11% of perp volume on Hyperliquid and Binance
Why it matters: Competition in perps is outpacing demand, raising the risk of volume cannibalisation among platforms.
#XRP
Source: Blockhead
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