Ondo Perps officially launches, ushering in a new era of capital efficiency for the on-chain derivatives market
Odaily Planet Daily News: According to official sources, Ondo Perps has now officially launched and is open to non-U.S. investors. As a perpetual contract platform that supports tokenized stocks and stablecoins as derivative margin, Ondo Perps is committed to driving the on-chain derivatives market into a new phase 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 on par with top-tier crypto CEXs: 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, offering up to 20x leverage and providing global investors with 24/7 trading.
According to reports, Ondo Perps is built on Ondo Finance's technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure. Its total TVL has exceeded $1 billion.
