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- Source: inbox/queue/2026-04-08-coinpedia-hyperliquid-ripple-prime-commodity-expansion.md - Domain: internet-finance - Claims: 0, Entities: 1 - Enrichments: 2 - Extracted by: pipeline ingest (OpenRouter anthropic/claude-sonnet-4.5) Pentagon-Agent: Rio <PIPELINE>
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1.1 KiB
Markdown
25 lines
No EOL
1.1 KiB
Markdown
---
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type: entity
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entity_type: company
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name: Ripple Prime
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domain: internet-finance
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status: active
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founded: [unknown]
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headquarters: [unknown]
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website: [unknown]
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---
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# Ripple Prime
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## Overview
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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.
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## Business Model
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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.
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## Timeline
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- **2026-02-04** — Launched Hyperliquid integration for equity and crypto perpetuals, providing institutional access to on-chain derivatives
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- **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 |