Ondo Perps launches 20x fairness perps, letting merchants use tokenized shares, ETFs, and stablecoins as collateral.
Ondo Perps has opened with as much as 20x leverage on fairness perpetual markets. The platform additionally accepts tokenized shares and ETFs as collateral.
The launch covers equities, indices, and commodities for eligible merchants in permitted areas. Buying and selling is designed to run day by day, with out expiry dates or closing hours.
Ondo stated the platform processed practically $2 billion throughout its non-public beta. The determine exhibits early exercise earlier than the broader pre-alpha opening.
The corporate additionally introduced as much as $3 million in rewards for customers. Nonetheless, entry excludes america, Panama, and different prohibited areas.
Ondo Perps Brings Fairness Perps On-Chain
Ondo Perps permits eligible customers to commerce fairness perpetual contracts with as much as 20x leverage.
The product covers markets linked to equities, indices, and commodities. Due to this fact, it brings acquainted market publicity into an on-chain buying and selling setting.
Ondo Perps is dwell.
As much as 20x leverage on fairness perps is right here, with tokenized shares as collateral & as much as $3 million in rewards.
Ondo know-how first revolutionized tokenized shares & now powers perps markets for:
✅ Oil
✅ Intel
✅ Gold
✅ AMD
✅ Meta
✅ Tesla
✅ Silver
✅… pic.twitter.com/Oxfo7ni9JR— Ondo Perps (@OndoPerps) July 7, 2026
In contrast to conventional exchanges, the platform doesn’t comply with regular market hours.
Buying and selling is offered always for permitted customers. This construction additionally removes expiry dates from the contracts provided.
The platform is geared toward merchants managing energetic market positions. It additionally affords instruments for dealing with danger in a single venue. Nonetheless, leverage can increase losses when costs transfer sharply.
Tokenized Shares Enter Collateral Use
Ondo Perps permits tokenized shares and ETFs to be posted as collateral.
Stablecoins may also be used beside these tokenized property. Because of this, merchants can use multiple collateral kind.
Ondo Perps is now open to all eligible merchants, providing as much as 20x leverage on the equities, indices, and commodities that world traders most need to commerce.
For the primary time on a permissionless perps platform, tokenized shares and ETFs may be posted as collateral alongside… https://t.co/9Wam0UDqfa
— Ian De Bode (@iandebode) July 7, 2026
The design builds on Ondo World Markets, which makes use of just-in-time liquidity. This mannequin connects buying and selling exercise with depth in underlying markets.
It additionally reduces the necessity for big pre-funded asset swimming pools. Market makers can quote costs utilizing actual market depth.
They will additionally hedge positions by posting tokenized shares as collateral. This setup permits one capital pool to help a number of buying and selling wants.
Learn Additionally:
ONDO Builds On Chain Prime Brokerage Imaginative and prescient As Tokenised Markets Develop
Non-public Beta Exhibits Early Buying and selling Demand
Ondo stated nearly $2 billion in quantity traded throughout the non-public beta. The determine got here earlier than the platform opened to extra eligible customers.
It additionally confirmed early demand for fairness perps tied to tokenized property. The platform stays closed to customers in restricted jurisdictions.
These areas embrace america, Panama, and different banned areas. In the meantime, eligible world merchants can entry the pre-alpha product.
Tokenized securities stay an increasing a part of the real-world asset market.
Ondo Perps provides a buying and selling layer by way of perpetual contracts. For now, the launch locations tokenized shares inside DeFi collateral markets.