Ondo Perps officially launched, ushering the on-chain derivatives market into a new phase of capital efficiency
Odaily reported, according to official information, Ondo Perps has officially launched and is now open to non-U.S. investors. As a perpetual contract platform supporting tokenized stocks and stablecoins as derivatives margin, Ondo Perps is committed to advancing the on-chain derivatives market into a new era of capital efficiency. Its core advantages include:
Tokenized stocks as collateral: No need to maintain separate capital reserves across multiple platforms;
Market depth comparable to traditional finance: Achieving extremely low spreads and slippage;
Execution speed comparable to leading CEXs in the crypto world: Order routing, margin updates, and liquidations are all processed in real time, while ensuring decentralization.
Currently, Ondo Perps supports assets covering stocks, indices, and commodities, including SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, and offers up to 20x leverage, providing global investors with 24/7 around-the-clock trading.
According to the introduction, Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure. The total TVL has already exceeded 1 billion dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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