📡 Ondo Perps has surpassed $300 million in 24-hour trading volume! The growth rate is striking when looking at the numbers: the platform reached $100 million in volume on its first day, fluctuated around $130 million over the following weeks, and has now crossed the $300 million threshold. This growth aligns with the broader momentum in the tokenized equities market: the total market value of tokenized equities has tripled since the start of the year, reaching the $1–2 billion range, with Ondo leading the space with approximately a 43% market share. One key point to note is the difference between open interest and trading volume. Some data show that open interest remains relatively low compared to trading volume, suggesting that much of this activity stems from rapid entry and exit trades (high turnover), rather than persistent positions. What sets Ondo Perps apart is its acceptance of tokenized equities as collateral. You can use tokenized versions of stocks like Apple, Nvidia, and Tesla, as well as commodities such as gold, silver, and oil, as collateral to open positions with up to 20x leverage—without needing to convert to stablecoins. https://t.co/y5sDezBzLf
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