Flare has launched a spot market for XRP on Hyperliquid, marking the first time XRP spot trading has been made available on the on-chain trading platform. The rollout introduces FXRP, a synthetic representation of XRP (CRYPTO: $XRP) within Flare’s FAssets system, as the vehicle through which XRP liquidity can access Hyperliquid’s orderbook-based market while remaining interoperable with the XRP Ledger.
source: https://www.cryptoprowl.com/releases/flare-launches-spot-xrp-market-on-hyperliquid-enabling-fxrp-cross-chain-trading-1799