---
type: entity
entity_type: company
name: Ripple Prime
domain: internet-finance
status: active
founded: [unknown]
headquarters: [unknown]
website: [unknown]
---

# Ripple Prime

## Overview

Ripple Prime is an institutional prime brokerage service that provides traditional financial institutions with access to on-chain derivatives markets. The service maintains compliance and relationship infrastructure of traditional prime brokerage while routing institutional flow to decentralized platforms.

## Business Model

Ripple Prime acts as a single counterparty for institutional clients accessing on-chain perpetual markets, eliminating the need for institutions to directly interact with DeFi protocols while maintaining regulatory compliance frameworks.

## Timeline

- **2026-02-04** — Launched Hyperliquid integration for equity and crypto perpetuals, providing institutional access to on-chain derivatives
- **2026-04-07** — Expanded Hyperliquid integration to commodity perpetuals (gold, silver, oil), citing Hyperliquid's $5B+ open interest and $200B+ monthly volume as justification for institutional access expansion