Flare launches XRP spot trading on Hyperliquid, FXRP/USDC trading pair officially opens

2026-01-08 00:34:15

【Blockchain Rhythm】Flare has just announced the launch of XRP spot trading on Hyperliquid. Specifically, they introduced the FXRP asset and opened the FXRP/USDC trading pair, allowing XRP holders to trade spot directly on Hyperliquid’s order book.

The issuance plan for FXRP is quite interesting—it is built on Flare’s FAssets system and also incorporates LayerZero’s cross-chain standard. After trading FXRP on Hyperliquid, you can bridge it back to the XRP Ledger, maintaining cross-chain flexibility.

From Flare’s perspective, this move is quite strategic. On one hand, it preserves the decentralized custody feature, with the XRP Ledger still serving as the final settlement layer; on the other hand, it expands XRP’s application scenarios into the DeFi space, providing XRP holders with more advanced on-chain liquidity options. For the entire XRP ecosystem, this means asset utilization efficiency has taken another step forward.

XRP-1,5%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

16 Likes

Reward
16
7
Repost
Share

Comment

0/400

governance_lurker

· 16h ago

Wow, Flare's move this time is quite impressive, directly bringing XRP into the DeFi ecosystem.

View OriginalReply0

ZkProofPudding

· 01-08 18:48

Haha, Flare's move is pretty good. FXRP directly goes to Hyperliquid, finally giving XRP a bit of a DeFi vibe.

View OriginalReply0

BridgeJumper

· 01-08 01:03

FXRP/USDC this move still has some potential; bridging back to the XRP Ledger across chains is indeed quite flexible. --- Wait, LayerZero is back? Can it avoid another failure this time? --- Decentralized custody combined with DeFi scene expansion, Flare seems to want to fully understand the XRP ecosystem. --- Hyperliquid is now willing to list everything; how far FXRP can go this time is really hard to say. --- Bridging back to the XRP Ledger sounds good, but will there be latency issues in actual use? --- Finally, someone is bringing XRP into DeFi, but whether FXRP will dilute the value of native XRP remains a question. --- The FAssets system is trying new tricks again; it feels like Flare has been testing the waters but has never truly broken through.

View OriginalReply0

ImpermanentSage

· 01-08 00:57

Another cross-chain bridge, this time it's XRP. It feels like Flare is giving XRP a new lease on life. By the way, is the LayerZero + FAssets combo really reliable, or is it just another hype concept? XRP holders finally have some new ways to play, but liquidity remains a concern. Hyperliquid is now willing to list anything. Will FXRP survive this quarter? Decentralized custody sounds good, but the key is whether anyone will actually use it.

View OriginalReply0

SerumDegen

· 01-08 00:39

ngl, another bridge protocol larping as the savior of xrp liquidity... we've seen this movie before lmao. flare really betting the farm on fassets not having a cascade failure when leverage gets stupid. layerzero doing layerzero things i guess. will watch the liquidation charts with morbid curiosity tbh

Reply0

CryptoSurvivor

· 01-08 00:36

Can FXRP be traded on Hyperliquid now? Finally, XRP is showing some movement. I've been waiting for this day for too long.

View OriginalReply0

SelfRugger

· 01-08 00:35

Another cross-chain spot? Hyperliquid's ecosystem is really strong at creating new features. How about FXRP/USDC? Is the liquidity sufficient to support trading?

View OriginalReply0