XRP spot trading has just been launched on Hyperliquid, this time achieved through the FXRP of the Flare ecosystem. The significance of this move is that it directly opens a new door for XRP in the DeFi world.

For holders, this means they can trade XRP directly on Hyperliquid, and liquidity issues are no longer a bottleneck. Previously, XRP was mainly used for transfers; now DeFi users can engage in lending, staking, and other activities, significantly increasing XRP's utility.

However, despite this positive signal, several risk points still need to be monitored. The maturity of the Hyperliquid platform itself needs to be tested, and the issue of DeFi liquidity layering has not been fully resolved. The most critical concern remains the regulatory risk of XRP itself — this sword of Damocles has always been hanging, and the SEC's stance remains a variable.

Liquidity will indeed increase, but market volatility may also intensify, so caution is advised when participating.