XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments. Its primary value proposition is offering a fast, cost-effective alternative to traditional banking systems by enabling near-instant cross-border settlements that finalize in three to five seconds. By serving as a neutral bridge asset between different fiat currencies, it helps financial institutions lower liquidity costs and eliminates the need for pre-funded accounts.
Order Book
Connecting…Price Chart: XRP
Largest Bid Walls
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Largest Ask Walls
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XRP Funding Rate History
Last 7 days · 168 intervalsOver the last 7 days, XRP funding has averaged 0.00134% per hour, an annualised rate of 11.8%. Longs paid shorts in 99% of intervals, meaning positioning has leaned long and holding a long position carried an ongoing cost. The rate ranged from -0.00008% to 0.00619%. XRP is currently the #10 market on Hyperliquid by open interest. Work out what this costs on your own position with the funding rate calculator.
XRP funding & market FAQ
What is the current XRP funding rate?
The current XRP funding rate on Hyperliquid is 0.00125% per hour, with a predicted next rate of not yet available. Over the past 7 days it has averaged 0.00134%. Hyperliquid charges funding every hour, unlike most centralised exchanges which charge every eight.
Who pays funding on XRP right now?
The rate is positive, so longs pay shorts. This happens when the perpetual trades above spot price, and it makes holding a long position an ongoing cost. See how funding rates work for the full mechanism.
What does XRP open interest tell me?
XRP currently has $305,953,212 of open interest, ranking #10 of 533 Hyperliquid markets. Open interest measures capital currently committed to open positions rather than trading activity, so rising open interest alongside rising price indicates new positions rather than a short squeeze. Read more on open interest.
What is my liquidation price on a XRP position?
At the current mark price of $1.5013, a 10x long would be liquidated around $1.3512 and a 10x short around $1.6514. Higher leverage moves those levels much closer — calculate yours exactly with the liquidation price calculator.
Can I trade XRP perpetuals without an account?
Trading requires a Hyperliquid wallet connection, but all the data on this page is public and free to view. You can also inspect any trader's XRP positions, entries and realised PnL by pasting their wallet address — no sign-up needed.
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