Flare Unlocks XRP Spot Trading on Hyperliquid to Boost Multichain Liquidity

Source: DefiPlanet Original Title: Flare Unlocks XRP Spot Trading on Hyperliquid to Boost Multichain Liquidity Original Link:

Quick Breakdown

• Flare Network integrates FXRP on Hyperliquid, introducing the platform’s first-ever XRP spot trading pair, FXRP/USDC.
• The collaboration uses LayerZero’s Omnichain Fungible Token standard and Flare Smart Accounts to facilitate one-click redemptions to the XRP Ledger.
• Institutional-grade features, including an on-chain order book, aim to provide deeper liquidity and tighter spreads compared to traditional automated market makers.

Flare Network has launched a cross-chain XRP spot market on Hyperliquid, a decentralized on-chain trading platform, marking the first time the asset is available for spot trading on the DEX. This integration utilizes Flare’s FXRP asset, a 1:1 representation of XRP, to enable seamless movement between the XRP Ledger and the Hyperliquid order book. The development aims to expand XRP’s role as a programmable financial asset, allowing traders to access institutional-grade tools and spot exposure without relinquishing on-chain custody.

Flare brings XRP spot trading to Hyperliquid ☀️

This listing gives XRP deeper liquidity, better price discovery, and institutional-grade execution, unlocking real onchain demand while keeping settlement anchored to XRPL.

Powered by FAssets and the LayerZero OFT standard.

Bridging institutional capital with on-chain liquidity

The launch of the FXRP/USDC pair on Hyperliquid represents a significant shift for XRP holders, who were previously restricted to perpetual futures on the platform. By moving FXRP across chains via Flare’s FAssets system, users can now engage in direct spot trading while maintaining full blockchain-based custody of their assets. This lifecycle allows XRP to function as a multichain financial tool, where it can be traded on Hyperliquid and bridged back to Flare for other DeFi activities.

Flare’s Co-Founder Hugo Philion noted that this infrastructure expands the utility of XRP across the decentralized finance (DeFi) landscape while preserving the XRP Ledger as the core settlement layer. The integration is supported by Flare Smart Accounts, which streamline the technical process of moving assets between high-performance order books and native ledgers. This “one-click” functionality is designed to lower the barrier for traditional traders entering the on-chain economy.

Enhancing security and market efficiency

Flare secures its non-custodial, over-collateralized FXRP peg using its native FTSO for real-time off-chain event and price verification. Agents lock up $FLR or stablecoins for algorithmic security, ensuring reliable on-chain backing and a safety margin against volatility. Hyperliquid’s superior order book architecture provides better price discovery and execution than AMMs, supporting professional strategies like hedging. This integration advances “XRPFi,” transforming XRP into a yield-bearing asset within the Flare ecosystem.

Expanding the XRPFi ecosystem

The growing XRPFi ecosystem is further validated by Canary Capital’s launch of the XRPC spot XRP ETF, providing US investors with simplified, regulated access to the foundational blockchain asset. Flare’s integration with Hyperliquid enables XRP spot trading, a move following the launch of yield-generating earnXRP.

CEO Hugo Philion aims for Flare to manage 5 billion XRP by mid-2026, solidifying its role as a key hub for institutional XRP liquidity, supported by new staking layers like Firelight. The network is also scaling its FAssets system to tokenize Bitcoin and Dogecoin, securely bridging legacy assets to DeFi. The Hyperliquid listing is a major step, affirming confidence in the future of programmable XRP.