Odaily Planet Daily reports that, according to official announcements, Ondo Perps has officially launched and is now open to non-U.S. investors. As a perpetual contracts platform supporting tokenized stocks and stablecoins as margin for derivatives, Ondo Perps is committed to advancing the on-chain derivatives market into a new era of capital efficiency, with key advantages including:
Tokenized stocks as collateral: No need to maintain separate reserves across multiple platforms;
Market depth comparable to traditional finance: enables extremely narrow spreads and minimal slippage;
Execution speed comparable to top-tier centralized exchanges: order routing, margin updates, and liquidations are processed in real time while maintaining decentralization.
Currently, Ondo Perps supports assets including stocks, indices, and commodities such as SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, offering up to 20x leverage for 24/7 trading globally.
Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure, and its total TVL has exceeded $1 billion.