
Flare’s FXRP launch on Hyperliquid provides 1:1 XRP-pegged trading with cross-chain transfers and future XRP mainnet redemption, enhancing decentralized finance utility for XRP holders.
Flare has announced the FXRP token via its FAssets system is now live on Hyperliquid, enabling the first XRP spot trading on the platform. FXRP is pegged 1:1 to XRP, supports cross-chain transfers, and will offer one-click redemption to the XRP mainnet in the future. This integration builds on Flare’s January 8 launch of the FXRP/USDC trading pair, increasing XRP’s liquidity and expanding its decentralized finance capabilities.