Markets › News › DeFi

Ripple Prime Launches 24/7 Tradable RWA Perpetual Swaps for Institutions

Ripple Prime introduces perpetual swaps for traditional assets, enabling institutional clients to trade 24/7 across over 100 markets.

Ripple Prime introduces perpetual swaps for traditional assets, enabling institutional clients to trade 24/7 across over 100 markets. Hyperliquid (HYPE) is trading at R$4.000 ($80.85). This is an original Kriptometre brief synthesising 4 outlets (Finance Magnates, TronWeekly, Cryptopolitan, and others), plus live market data, as of Fri, 16 Oct 2026 06:07:01 UTC.

Why it matters

This development marks a significant expansion of institutional access to crypto markets for traditional asset exposure, bridging DeFi and traditional finance while providing continuous trading opportunities. It also strengthens Ripple Prime's position in the prime brokerage space by leveraging its Hyperliquid integration.

Covered by 4 outlets over about 9.1 h — Kriptometre synthesises them all into one brief
  1. The Block
    Ripple Prime adds RWA swaps referencing perpetual futures listed on Hyperliquid ↗
  2. TronWeekly
    Ripple Prime Adds 24/7 RWA Perps Across 100 Markets ↗
  3. Finance Magnates
    Ripple Prime Connects Institutions to Hyperliquid’s 24/7 Markets Through Swaps ↗
  4. Cryptopolitan
    Ripple Prime opens 24/7 RWA swaps to institutions, with Virtu already trading ↗
Key takeaways
  • Ripple Prime now offers 24/7 tradable perpetual swaps for stocks, commodities, and other traditional assets.
  • The product references over 100 markets including equities, ETFs, metals, energy, and forex.
  • Hyperliquid's on-chain derivatives platform serves as the underlying infrastructure.
  • Total open interest in perpetual contracts across major venues has grown to $9 billion in the past year.
What the reporting agrees on

Multiple outlets (Finance Magnates, TronWeekly, Cryptopolitan, and The Block) confirm that Ripple Prime has launched perpetual swaps for traditional assets, offering 24/7 trading across more than 100 markets including equities, commodities, and currencies. The product is built on Hyperliquid's platform, following Ripple's acquisition of Hidden Road. However, while most outlets highlight the 24/7 trading aspect, Cryptopolitan specifically mentions Virtu as an early trading partner, and The Block emphasizes the inclusion of currency markets.

Ripple Prime, the institutional prime brokerage arm of Ripple, has launched perpetual swaps for traditional assets, allowing institutional clients to trade 24/7 across over 100 markets. This new product offering includes exposure to equities, indices, exchange-traded funds (ETFs), metals, energy, and foreign exchange (FX).

The underlying contracts for these swaps trade on Hyperliquid, a platform known for its on-chain derivatives. Ripple Prime acts as the counterparty for these swaps, allowing clients to manage them alongside other positions held through the platform. This integration follows Ripple's acquisition of multi-asset prime broker Hidden Road in February 2025, which was renamed Ripple Prime.

According to multiple outlets, the total open interest in perpetual contracts across major venues has grown from almost nothing to about $9 billion over the past year, indicating a rising interest in these types of financial instruments. This growth underscores the increasing demand for continuous trading opportunities in traditional asset markets.

The launch of these perpetual swaps is part of a broader trend of convergence between decentralized finance (DeFi) and traditional finance. By offering 24/7 trading and settlement, Ripple Prime is providing institutional clients with the flexibility and efficiency that crypto markets are known for, while maintaining exposure to familiar asset classes.

Live market data shows that the total crypto market cap is currently at $2.82 trillion, with Bitcoin up 1.15% in the last 24 hours. The Fear & Greed Index stands at 63, indicating a 'Greed' sentiment in the market. Hyperliquid's native token, HYPE, is trading at $80.92, up 2.87% in the last 24 hours but down 4.65% over the past week, with a market cap of $18 billion.

Market reaction since this brief Live

Since this brief published about 13 hours ago, Hyperliquid (HYPE) has moved from R$4.003,95$80.92 to R$4.000,48$80.85 — -0.09%.

$80.84$80.86$80.88$80.91$80.93 published · $80.92 now · $80.85 (-0.09%) 15 Eki 17:02 UTC 16 Eki 06:07 UTC
BeforeSince publishPublished · R$4.003,95$80.92

The chart plots HYPE's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Kriptometre's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Yatırım tavsiyesi değildir.

What this means in real

At today's peer-to-peer rate, 1 HYPE ≈ 4,125.37 ₺ (about $80.85), up 1.3% over 24 hours. The real itself trades about 3.1% above the official rate on the P2P market, so a Turkish buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

R$4.000,48$80.85 ▲ 1.33%
-0.09% since this brief published
7d -4.99%MCap 890.08B ₺Full HYPE data →
The market when this published · 15 Ekim 2026
Total market cap139.77T ₺
Bitcoin 24h+1.15%
Ethereum 24h+2.98%
BTC baskınlığı58.3%
Korku & Açgözlülük63 · Greed
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · 16 Ekim 2026.

Hyperliquid TVL$346.13M-0.3% 7dDeFiLlama ↗
SectorTokenized real-world assets (RWA)$3.91Bacross 27 protocolsDeFiLlama ↗
Bitcoin DeFi TVL$4.39BDeFiLlama ↗

Kriptometre reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Ripple Prime Launches 24/7 Tradable RWA Perpetual Swaps for — questions & answers

What types of assets can be traded through Ripple Prime's new perpetual swaps?

The swaps cover equities, indices, ETFs, metals, energy, and foreign exchange markets.

How does Ripple Prime's product differ from traditional trading?

The product offers 24/7 trading and settlement, leveraging crypto market infrastructure while providing exposure to traditional assets.

What is the role of Hyperliquid in this product offering?

Hyperliquid serves as the platform for the underlying derivatives contracts that power Ripple Prime's perpetual swaps.

How much is 1 Hyperliquid worth in real today?

About 4,125.37 ₺ at the live peer-to-peer (P2P) USDT rate, which is what Turkishs typically trade at — equivalent to roughly $80.85. The real price moves with both HYPE's US-dollar price and the USDT/BRL rate; use our Hyperliquid in real page for any amount.

Has Hyperliquid's price moved since this brief was published?

HYPE is down 0.09% since this brief first published — trading at R$4.000 ($80.85) now versus R$4.004 ($80.92) at publication. Kriptometre re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Kriptometre brief that synthesises reporting from Finance Magnates, TronWeekly, Cryptopolitan, The Block, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyRipple Company
Kriptometre Newsdesk Data-stamped

Kriptometre's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Yatırım tavsiyesi değildir.

Market data verified against CoinGecko & Binance · 16 Ekim 2026 ⛓ Timestamped at Bitcoin block #971,664 sha256:b31bcbc1fbdcfa76
Corroborated across 4 outlets, reported over about 9.1 h — this is an original Kriptometre summary with live market data, not the original article.The Block · 15 Eki 14:43 ↗TronWeekly · 15 Eki 16:13 ↗Finance Magnates · 15 Eki 17:02 ↗Cryptopolitan · 15 Eki 23:51 ↗

Original summary — not financial advice. This is an original Kriptometre brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.