FXRP Listing Brings XRP Spot Trading to Hyperliquid’s On-Chain Orderbook in January 2026

On January 7, Flare announced the launch of FXRP on Hyperliquid's spot markets, adding an FXRP/USDC pair and enabling on-chain spot exposure to XRP through an orderbook DEX. FXRP, issued via Flare's FAssets and LayerZero's Omnichain Fungible Token standard, lets XRP move from XRPL to Flare, trade on Hyperliquid, and return for settlement while preserving custody and DeFi utility. Early market data shows FXRP trading around $2.29 with rising volume, as Flare and Hyperliquid integrate XRP into a growing on-chain trading and XRPFi ecosystem.