Ondo Perps officially launched, becoming the first perpetual contract platform to support tokenized stocks as derivative margin.

Deep Tide TechFlow message, July 07: According to official information, Ondo Perps has officially launched and is now available to non-U.S. investors. As the first perpetual contract platform to support tokenized stocks and stablecoins as derivatives margin, Ondo Perps is committed to bringing 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 on par with traditional finance: enabling extremely low spreads and slippage;

Execution speed comparable to top-tier crypto CEXs: order routing, margin updates, and liquidations are processed in real time, while also ensuring decentralization.

Currently, Ondo Perps supports assets including stocks, indices, and commodities, such as SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, and offers leverage of up to 20x, providing global investors with 7 x 24-hour round-the-clock trading.

According to the introduction, Ondo Perps is built on technology from Ondo Finance, while Ondo Global Markets provides the underlying tokenized stock infrastructure, with total TVL already exceeding $1 billion. As the next layer of the ecosystem, Ondo Perps ensures that tokenized assets are not only held, but can also be used as collateral on a unified trading platform.