2026-01-07 19:21:09

XRP has always lacked spot trading options on decentralized exchanges, but this issue has now been broken through. Flare Network's FAssets system has just launched FXRP—a 1:1 wrapped XRP token—on Hyperliquid, with the FXRP/USDC trading pair becoming the platform's first XRP spot trading pair. Previously, XRP could only be traded through perpetual futures here.

Why is this development so important? Flare's DeFi analyst Dhruv Shah pointed out the core issues—lack of EVM-compatible XRP forms and non-custodial bridging solutions, which have long hindered ecosystem development. Now, FXRP is built on LayerZero, supporting cross-chain transfers and direct redemption to the XRP Ledger, and an upcoming Flare-exclusive smart account bridge is also in the pipeline. This means FXRP can not only freely flow on order book-based exchanges like Hyperliquid but also connect to the DeFi ecosystem in the future.

Flare's ambition is to make FXRP the standard form of XRP in the DeFi world. Starting with Hyperliquid is strategic—its order book depth is good, and it previously lacked XRP spot pairs, filling a crucial gap. Recent ecosystem incubation is also accelerating, with earnXRP and Firelight Finance's stXRP liquidity staking projects already launched, turning the XRPFi niche from concept to reality.

XRP-3.33%

USDC-0.01%

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SelfMadeRuggee

· 01-07 19:49

Finally! XRP is now available for spot trading. Those who have been complaining about futures can finally settle down.

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airdrop_huntress

· 01-07 19:43

I've been waiting for this for a long time. XRP has been just watching on DEX. FXRP has indeed filled a big gap this time, and the 1:1 wrapping makes it reliable.

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MoonRocketTeam

· 01-07 19:30

Finally filling this gap, FXRP moon landing countdown begins to load supplies The XRP ecosystem is full of momentum with this boost, once LayerZero cross-chain solution is in place, DeFi integration won't be far behind Hyperliquid's first spot trading pair is now live, with such a solid order book depth, it can next break out of the atmosphere earnXRP and stXRP liquidity staking projects are launched, the XRPFi track is really turning from PPT into reality Previously, only futures trading was possible—what kind of experience is this? Now there's a non-custodial bridge that directly changes the game rules This wave of technological breakthroughs may not look flashy, but it truly hits the ecosystem's pain points Let's wait and see how many DeFi applications this standard model can attract, whether dopamine can be sustained depends on what happens next

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DAOTruant

· 01-07 19:27

Finally, someone has broken the deadlock. FXRP's move is fierce. The XRP ecosystem has been holding back for too long.

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pvt_key_collector

· 01-07 19:26

Finally, someone is doing this. It's really outrageous that XRP has been stuck on DEX for so long.

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SleepyArbCat

· 01-07 19:25

Uh... it's FXRP again... feels like the gas fees for this cross-chain bridge are going to explode Non-custodial sounds good, but is LayerZero really reliable? Hyperliquid filling this gap is quite interesting; if the order book depth is sufficient, it might be worth a try XRPFi took off? Or is it just another hype coin... let me sleep a bit more Is this really not just hype this time? I'm thinking about jumping in a bit

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