Hidden Road

Hidden Road is a global, multi-asset non-bank prime broker and clearing firm serving institutional counterparties across digital assets, foreign exchange, precious metals, exchange-traded derivatives, OTC swaps and fixed-income repo. Ripple acquired Hidden Road for $1.25B in 2025 and now operates it as Ripple Prime; hiddenroad.com redirects to ripple.com/products/prime-brokerage/. Hidden Road ships a real, customer-only API suite — the Account Activity API (streamed balances, trades, positions and fees over a bitemporal store), the Risk API (real-time margin utilisation and tail-risk metrics), the Automated Treasury Management API (programmatic collateral and credit-limit distribution) and an OTC surface — served from https://api.hiddenroad.com/v0/ behind an Auth0 OAuth 2.0 / OIDC authorization server at auth.hiddenroad.com. No public reference, OpenAPI, SDK or sandbox documentation is published; the only machine-readable artifact a member of the public can read is the daily MiCA post-trade transparency CSV feed the firm's Netherlands entity publishes under its EU regulatory obligation.

Hidden Road publishes 2 APIs on the APIs.io network. Tagged areas include Company, Financial Services, Prime Brokerage, Clearing, and Digital Assets.

Hidden Road’s developer surface includes support and 14 more developer resources.

26.0/100 emerging ▬ flat Agent 18/100 agent aware Full breakdown ↓
scored 2026-08-25 · rubric v0.14.0
2 APIs
CompanyFinancial ServicesPrime BrokerageClearingDigital AssetsForeign ExchangeCapital MarketsTradingInstitutional FinanceCollateral ManagementRisk ManagementRegulated

Kin Score

Kin Score Kin Score How this is scored →
scored 2026-08-25 · rubric v0.14.0
Composite quality — 26.0/100 · emerging
Contract Quality 0.0 / 21
Developer Ergonomics 0.8 / 17
Access Clarity 7.4 / 17
Operational Transparency 0.0 / 11
Contract Governance 1.9 / 10
Discoverability 6.8 / 9
Regulatory Posture 11.5 / 15
Agent readiness — 18/100 · agent aware
Machine-Readable Contract 0 / 18
Agentic Access Contract 0 / 10
Documented Reversibility 0 / 6
MCP Server 0 / 12
Machine-Readable Auth 10 / 10
Idempotency 0 / 9
Stable Error Semantics 0 / 8
Request/Response Examples 0 / 7
Rate-Limit Signaling 7 / 7
Typed Event Surface 0 / 6
Agent Skills 0 / 5
Well-Known Catalog 0 / 4
Consent & Bot Identity 0 / 3
A2A Agent Card 0 / 8
Dry-Run / Simulate Mode 0 / 4
Delegated User Identity 6 / 6
Protected Resource Metadata 0 / 5
Registration Without a Human 6 / 6
Agentic Commerce Surface 0 / 5
Regulatory Posture applies to this provider. Its tags matched the Securities & Market Data regime, so Regulatory Posture carries 15 points of the composite. If this regime is wrong for your business, say so on your provider repo — the applicability map is public and we will correct it.
The six quality facets above are damped to 85 points between them, because the conditional facet above carries the other 15. That is why each facet's contribution is shown against a damped maximum: raising a quality facet moves the composite by 85% of its nominal weight, not 100%. The full arithmetic is at apis.io/rating/.
Improve this rating by publishing the missing artifacts — every area above can be raised, and the full rubric is at apis.io/rating/. This rating is computed from github.com/api-evangelist/hidden-road: open an issue to ask a question, or submit a pull request to add artifacts. Want it done for you? Prioritized profiling — $2,500 →

APIs 2

Individual APIs this provider publishes, each with its own machine-readable definition.

Hidden Road API (v0)

The Hidden Road prime brokerage and clearing API suite, announced generally available on 2023-05-04. Four service surfaces are confirmed live under https://api.hiddenroad.com/v0...

Hidden Road MiCA Post-Trade Transparency Feed

A daily CSV feed of OTC spot crypto-asset transactions executed by Hidden Road Partners CIV NL B.V., published under the EU Markets in Crypto-Assets Regulation post-trade transp...

Pricing Plans 1

Published pricing tiers and plan structures.

Rate Limits 1

Documented rate limits and quota policies.

Hidden Road Rate Limits

0 limits

RATE LIMITS

Security Posture 4

Authentication, domain security, vulnerability disclosure, and trust-center signals.

Hidden Road Authentication

2 schemes

SECURITY

Hidden Road Domain Security

TLSv1.3 · HSTS · DMARC

SECURITY

Hidden Road Trust Center

SOC 2 Type II, ISO 27001

SECURITY

Scopes 1

OAuth scopes governing access to this provider's APIs.

Hidden Road Scopes

OAuth 2.0 · no documented scopes

0 scopes

SCOPES

Resources

Get Started 1

Portal, sign-up, and the first successful call

Agent Surfaces 2

MCP servers, agent skills, and machine-readable catalogs

Design & Contract 2

Pagination, idempotency, versioning, errors, and events

Access & Security 3

Authentication, authorization, and security posture

Operate 3

Status, limits, changes, and where to get help

Commercial 3

Pricing, plans, and the legal terms of use

Company 1

The organization behind the API

Source (apis.yml)

apis.yml Raw ↑
aid: hidden-road
name: Hidden Road
description: Hidden Road is a global, multi-asset non-bank prime broker and clearing firm serving institutional counterparties
  across digital assets, foreign exchange, precious metals, exchange-traded derivatives, OTC swaps and fixed-income repo.
  Ripple acquired Hidden Road for $1.25B in 2025 and now operates it as Ripple Prime; hiddenroad.com redirects to ripple.com/products/prime-brokerage/.
  Hidden Road ships a real, customer-only API suite — the Account Activity API (streamed balances, trades, positions and fees
  over a bitemporal store), the Risk API (real-time margin utilisation and tail-risk metrics), the Automated Treasury Management
  API (programmatic collateral and credit-limit distribution) and an OTC surface — served from https://api.hiddenroad.com/v0/
  behind an Auth0 OAuth 2.0 / OIDC authorization server at auth.hiddenroad.com. No public reference, OpenAPI, SDK or sandbox
  documentation is published; the only machine-readable artifact a member of the public can read is the daily MiCA post-trade
  transparency CSV feed the firm's Netherlands entity publishes under its EU regulatory obligation.
url: https://raw.githubusercontent.com/api-evangelist/hidden-road/refs/heads/main/apis.yml
image: https://static.hiddenroad.com/images/logo.png
x-type: company
x-source: harvest:secondary-market
specificationVersion: '0.20'
created: '2026-08-22'
modified: '2026-08-22'
tags:
- Company
- Financial Services
- Prime Brokerage
- Clearing
- Digital Assets
- Foreign Exchange
- Capital Markets
- Trading
- Institutional Finance
- Collateral Management
- Risk Management
- Regulated
maintainers:
- FN: Kin Lane
  email: kin@apievangelist.com
- FN: APIs.json
  email: info@apis.io
apis:
- name: Hidden Road API (v0)
  description: The Hidden Road prime brokerage and clearing API suite, announced generally available on 2023-05-04. Four service
    surfaces are confirmed live under https://api.hiddenroad.com/v0/ — accountactivity, metrics (risk), atm (automated treasury
    management) and otc. Every path answers 401 Unauthorized rather than the API Gateway 403 "Missing Authentication Token"
    served for unrouted paths, which is how each route was confirmed to exist without credentials. Access is OAuth 2.0 bearer,
    issued by the Auth0 tenant at auth.hiddenroad.com with audience https://api.hiddenroad.com/v0/. No public reference or
    OpenAPI is published.
  humanURL: https://ripple.com/products/prime-brokerage/
  baseURL: https://api.hiddenroad.com/v0
  tags:
  - Prime Brokerage
  - Clearing
  - Collateral Management
  - Risk Management
  - Trading
  properties:
  - type: Authentication
    url: authentication/hidden-road-authentication.yml
  - type: OAuthScopes
    url: scopes/hidden-road-scopes.yml
  - type: ErrorCatalog
    url: errors/hidden-road-problem-types.yml
  - type: Conventions
    url: conventions/hidden-road-conventions.yml
  - type: OpenIDConnect
    url: well-known/hidden-road-openid-configuration.json
- name: Hidden Road MiCA Post-Trade Transparency Feed
  description: A daily CSV feed of OTC spot crypto-asset transactions executed by Hidden Road Partners CIV NL B.V., published
    under the EU Markets in Crypto-Assets Regulation post-trade transparency obligation. Files follow a stable, dated key
    pattern (YYYY-MM-DD_mica_civnl_otcspot.csv) and a fixed 13-column ESMA-shaped schema. Public, unauthenticated and current
    — the series runs from 2025-03-02 to the previous business day.
  humanURL: https://ripple.com/legal/compliance/
  baseURL: https://static.hiddenroad.com/mica-post-trade-transparency
  tags:
  - Regulatory Reporting
  - Digital Assets
  - Market Data
  - MiCA
  properties:
  - type: Conformance
    url: conformance/hidden-road-conformance.yml
common:
- type: TrustCenter
  url: security/hidden-road-trust-center.yml
- type: DomainSecurity
  url: security/hidden-road-domain-security.yml
- type: Website
  url: https://ripple.com/products/prime-brokerage/
- type: Login
  url: https://portal.ops.hiddenroad.com/
- type: HelpCenter
  url: https://support.hiddenroad.com/hc/en-us
- type: Support
  url: https://ripple.com/contact/sales/
- type: TermsOfService
  url: https://ripple.com/legal/terms-of-use/
- type: PrivacyPolicy
  url: https://ripple.com/legal/privacy-policy/
- type: Compliance
  url: https://ripple.com/legal/compliance/
- type: Conformance
  url: conformance/hidden-road-conformance.yml
- type: Lifecycle
  url: lifecycle/hidden-road-lifecycle.yml
- type: Plans
  url: plans/hidden-road-plans-pricing.yml
- type: RateLimits
  url: rate-limits/hidden-road-rate-limits.yml
- type: LLMsTxt
  url: llms/hidden-road-llms.txt
- type: WellKnown
  url: well-known/hidden-road-well-known.yml
x-enrichment:
  date: '2026-08-22'
  status: enriched
  artifacts_added: 17
  pass: local-v1

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