|

Ripple Prime expands to Hyperliquid HIP-3 integration, lifting tokenized commodities activity

  • Ripple Prime has expanded its Hyperliquid integration to HIP-3 products, offering Oil, Gold, and other RWA perps to institutional traders.
  • The integration opens up a 24/7 available tokenized commodities market for institutional investors. 
  • HIP-3 Open Interest rises to nearly $2 billion, with a $2.30 billion spike in trading volume.

Ripple Prime announced the expansion of the HyperLiquid integration to HIP-3 products, opening the door to on-chain perpetuals of Real-World Assets (RWA) such as Gold, Silver, and Oil for institutional investors. This move cements Hyperliquid's stance as an “everything” exchange and is likely to boost activity across HIP-3 perps. 

Ripple Prime opens door to trade tokenized commodities

Michael Higgins, the international CEO of Ripple Prime, a digital asset prime brokerage for institutions launched by Ripple in late 2025,  announced an expanded integration of Hyperliquid in X post on Monday. The integration will help institutional investors access 24/7-running tokenized RWA perpetual contracts for Gold, Silver, and Oil on Hyperliquid’s HIP-3. 

This bridges the gap between traditional finance and DeFi, boosting activity on Hyperliquid.

Hyperscreener data shows that the daily volume of HIP-3 increased to $2.30 billion on Monday, and the daily Open Interest (OI) stands at $1.99 billion on Tuesday.

HIP-3 is gradually gaining market share on Hyperliquid, with its daily volume accounting for 39.60% of the total, while its daily open interest accounts for 27.82%. HIP-3 cements Hyperliquid as an “everything” exchange, expanding its role beyond crypto-focused derivatives towards real-world assets such as indices or commodities.

HYPE remains under broader market pressure

Hyperliquid trades below $40 at press time on Tuesday. The near-term tone turns mildly bearish as price slips back toward the 50-day Exponential Moving Average (EMA), while the 100-day and 200-day EMAs continue to lag below, suggesting that the broader uptrend is losing momentum rather than breaking.

The Moving Average Convergence Divergence (MACD) crossed below the signal line a few days ago and negative histogram bars are expanding, signaling firm downside pressure. The Relative Strength Index (RSI) at 50 indicates neutral momentum, consistent with a corrective phase.

Chart Analysis HYPE/USD (baha Crypto)
HYPE/USDT daily price chart.

Initial resistance appears at the recent swing high near $42.00, followed by the 78.6% Fibonacci retracement at $47.51 measured over the slip from $59.45 to $20.86.

(The technical analysis of this story was written with the help of an AI tool.)

Author

Vishal Dixit

Vishal Dixit

FXStreet

Vishal Dixit holds a B.Sc. in Chemistry from Wilson College but found his true calling in the world of crypto.

More from Vishal Dixit
Share:

Editor's Picks

XRP turns bearish as US inflation jitters hit crypto

Ripple is stuck in a bearish trend, trading near $1.30 on Thursday. The remittance token’s bearish shift reflects the broader cryptocurrency market, which remains under heavy selling amid concerns about accelerating inflation in the US.

Pi Network extends losses ahead of Protocol v28 Mainnet upgrade

Pi Network (PI) trades around $0.0780 at press time on Thursday, rising from $0.0740 earlier in the day. Pi Mainnet is scheduled for the Protocol v28 upgrade on Friday, focusing on data handling and smart contract maintenance.

Crypto Today: Bitcoin, Ethereum and XRP test short-term support amid market-wide selling

Cryptocurrency prices remain under intense selling pressure on Thursday, with Bitcoin struggling to hold above $81,000 after testing its key demand area near $80,000. Ethereum reflects Bitcoin’s weakening technical outlook, edging lower below $2,400.

Bitcoin slips below $81,000 amid inflation fears, ETF outflows

Bitcoin extends losses, slipping below $81,000 on Thursday as hotter-than-expected US inflation data weigh on market sentiment. Institutional demand weakens as BTC spot ETFs recorded an outflow of over $261 million on Wednesday.

Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.