XRPL Community Proposes Hyperliquid-Like Sidechain for Options Trading
XRPL Community Proposes Hyperliquid-Like Sidechain for Options Trading
The XRP Ledger (XRPL) community is exploring a proposal to launch a dedicated sidechain, aiming to tap into the substantial $40 billion options trading market. This sidechain would emulate the high-execution environment of platforms like Hyperliquid, facilitating exchange-grade options trading, with plans to bridge these activities back to the core XRPL base layer. A key design choice, however, is highlighted as critical to its success.
A proposal circulating in the XRP Ledger (XRPL) community is aiming at one of crypto’s most entrenched trading businesses: options. The idea is to build a purpose-built XRPL sidechain that feels “Hyperliquid-like,” a venue designed for exchange-grade execution, then connect that activity back to the XRPL base layer through bridging. In the proposal’s document, Hyperliquid […]
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