Ondo Perps Total Trading Volume Surpasses $3 Billion in First Week, 24-Hour Volume Doubles to $200 Million

Odaily reports, Ondo Perps announced that since its public launch one week ago, total trading volume has exceeded $3 billion, while 24-hour trading volume has doubled to $200 million compared to the first day of launch.

The platform has also added two new Korean stock tokenization targets: SK Hynix (SKHY) and Samsung Electronics (SMSN). Ondo Perps allows users to directly use tokenized stocks and ETF holdings as margin for perpetual contracts, offering non-U.S. users up to 20x leverage on assets such as Tesla, Nvidia, Apple, as well as gold and silver.

The Ondo Perps team previously stated that using U.S. stocks as collateral is just the starting point, and future AI-driven trading flows will become a key focus area.