Ripple Prime announced on October 15 the introduction of real-world-asset perpetual swaps covering more than 100 reference markets, including equities, ETFs, commodities and currencies. The contracts reference perpetual futures listed by Trade.xyz on Hyperliquid, while Ripple Prime acts as principal to institutional clients, including Virtu. Clients can cross-margin exposures with other supported assets and use the RLUSD stablecoin as collateral where available. These products nevertheless carry funding, margin, counterparty and liquidation risks and do not ensure continuous price discovery in the underlying traditional markets.
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