XRP arrives on Hyperliquid in alliance with FAssets protocol as LayerZero’s Omnichain Fungible Token (OFT).
XRP’s Spot offerings just landed on Hyperliquid, the ultra-popular decentralized exchange (DEX). Thanks to the Flare Network’s FAssets, providing the wrapped XRP version by the name of FXRP, this marks the first time exposure on XRP coin is available on Hypeliquid’s on-chain order book.
Flare Brings XRP To Hyperliquid, Serving Traders An Edge
The FXRP/USDC trading pair goes live on Hyperliquid’s Spot offerings on January 7, 2026. This brings advanced liquidity, tight spreads & many other DeFi trading tools that are considered institutional-grade.
Commenting on XRP’s arrival on Hyperliquid, Flare’s co-founder Hugo Philion remarked: “By combining Flare’s FAssets infrastructure with Hyperliquid’s orderbook, we are expanding what XRP can do across DeFi while preserving XRPL as the canonical settlement layer.”
Certainly, the OG altcoin has become a key part in Flare’s decentralized finance (DeFi) puzzle with over 80% of Flare’s Wrapped XRP (FXRP) tokens locked in on miscellaneous Flare DeFi protocols. The wrapped asset is designed as a LayerZero Omnichain Fungible Token, making the routing to Hyperliquid’s HyperEVM seamless.
The Web3 company is also said to launch a specialized FXRP-only bridge later on, enabling one-click withdrawals that would unwrap the FXRP and land in the customer’s XRP wallet on the native XRP Ledger in a couple of seconds. This also means the funds can be easily bridged back to XRPFi for lending, staking & composable DeFi applications across the native chain.
Following the news, the Layer-1 chain’s native token FLR picked up 6% gains to claim a spot in crypto’s TOP 100 by global market cap, just breaching $1 billion. Meanwhile, XRP’s upswing took the OG altcoin back above $2.35 with nearly $10 billion in daily Spot trading volumes. By joining Hyperliquid, XRP’s liquidity is expected to substantially boost all sides of the venture.
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