Ripple Prime launches RWA perpetual swaps tied to Hyperliquid futures

Ripple Prime has introduced real-world asset perpetual swaps linked to equities, ETFs, metals, energy and currencies. The product offers round-the-clock trading and settlement, with references to perpetual futures listed on Hyperliquid.
Ripple Prime’s new contracts are perpetual swaps whose reference points are real-world assets: equities, ETFs, metals, energy and currencies. The company links them to perpetual futures quoted on Hyperliquid, and says they can be traded and settled continuously. The launch places these instruments alongside crypto-native derivatives infrastructure, though the available information does not specify mechanics, eligibility, or oversight.
If these swaps attract users, they could broaden access to round-the-clock exposure across several asset classes, affecting traders, institutions and venues that support such markets. Retail participants may face complex derivative risks, while regulators and infrastructure providers could confront questions about transparency and cross-market links. Because the contracts reference Hyperliquid futures, shifts in that venue may reach users indirectly. The social effect may hinge less on the launch itself than on adoption, safeguards and how clearly risks are communicated.