Ripple Prime Extends Hyperliquid Integration to Support HIP-3 Symbols
The update adds institutional-grade access to onchain perpetual futures (crypto derivatives with no expiry) tied to traditional assets including gold, silver, and oil.
HYPE
Summary
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Terms & Concepts
- HIP-3 symbols: Trading symbols under Hyperliquid’s framework, used to list supported markets on the platform.
- onchain perpetual futures: Blockchain-based derivatives contracts with no expiration date, allowing continuous exposure to an asset’s price.
- institutional-grade access: Trading access built for professional firms, typically emphasizing execution quality, scale, and operational reliability.