[Flare Launches First XRP Spot Trading Pair on Hyperliquid] According to The Block, Flare announced that FXRP, issued through its FAssets system, has officially launched on the Hyperliquid platform, marking the first time XRP spot trading is available on the platform. Previously, Hyperliquid only supported XRP perpetual contract trading. FXRP is a cross-chain token pegged 1:1 to XRP, capable of circulating across multiple chains and supporting future one-click redemption to the XRP mainnet via Flare smart accounts.