Story perspectives

Ripple Prime Launches $9B Perpetual Swaps for Institutions

By Drooid · Oct 16, 2026, 3:11 PM UTC · How we work

Summary

Story summary

U.S. Ripple launched Ripple Prime swaps for institutional clients on October 15, 2026.
The service offers more than 100 perpetual markets for stocks, commodities and other assets.
Open interest in these perpetual markets reached about $9 billion over the past year.
Clients can cross-margin using Ripple USD (RLUSD) stablecoin without XRP collateral.
Trade.xyz powers the markets on the Hyperliquid exchange.

1 of 1

Story summary

U.S. Ripple launched Ripple Prime swaps for institutional clients on October 15, 2026.
The service offers more than 100 perpetual markets for stocks, commodities and other assets.
Open interest in these perpetual markets reached about $9 billion over the past year.
Clients can cross-margin using Ripple USD (RLUSD) stablecoin without XRP collateral.
Trade.xyz powers the markets on the Hyperliquid exchange.