Ondo Perps has launched a tokenized stock collateral feature, initially supporting SPYon and QQQon as margin assets, enabling traders to directly use Ondo Stocks tokenized equities as collateral for perpetual futures positions. Ondo Perps trading volume has now surpassed $3.8 billion.
Ondo Perps Launches Tokenized Stock Collateral, Volume Surpasses $3.8 Billion
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Summary
Ondo Perps has launched tokenized stock collateral, supporting SPYon and QQQon as margin. Traders can now use Ondo Stocks tokenized assets to collateralize perpetual contracts. The platform’s trading volume has exceeded $3.8 billion. This update arrives amid growing interest in crypto news and new developments in the cryptocurrency space.
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