Hype
Commodities Meet DeFi: Ripple Prime Expands Hyperliquid Integration
Ripple Prime expanded Hyperliquid access to HIP-3 markets, letting institutions trade onchain gold, silver, and oil perpetuals through a single integrated framework. The setup offers 24/7 trading, single margin, consolidated risk management, and one counterparty relationship, bringing commodity exposure closer to prime brokerage efficiency. Momentum is growing fast, with HIP-3 daily volume at $2.
Hyperliquid's HYPE Sees Open Interest Jump to $1.56B in 24-Hour Surge
HYPE open interest climbed to $1.56 billion in 24 hours, with 43.35 million tokens committed to futures as traders positioned for a possible recovery. Hyperliquid held 49.86% of total open interest, ahead of Bybit, Binance, Bitget, and KuCoin, underscoring strong activity on its native venue.
Ripple Prime Expands Hyperliquid Integration, Unlocks Institutional Access To Tokenized Commodities Trading
Ripple Prime has expanded its integration with HyperliquidX, incorporating HIP-3 products to broaden institutional access to tokenized markets. Ripple Prime's Major Move In an X post on Monday, Ripple Prime executive Mike Higgins said that the integration allows institutional investors to trade tokenized commodities such as gold, silver, and oil 24/7 on-chain perpetual contracts.
Hyperliquid (HYPE) OI Tops $1.5 Billion, Ripple Effect at Play?
Hyperliquid (HYPE) has recorded a significant upsurge in open interest in the last 24 hours as the metrics spike to $1.56 billion. CoinGlass data indicates that a total of 43.35 million has been committed to the futures market by investors in the ecosystem, anticipating a bullish recovery.
