Ondo Finance just unveiled a suite of on‑chain products that let you trade perpetual futures on tokenized stocks and commodities with up to 20× leverage. The new Ondo Perps platform accepts tokenized securities as collateral, cutting double‑collateral requirements and opening leveraged exposure to global investors. This launch marks a major step toward regulated, on‑chain capital markets.
Ondo Perps: Perpetual Futures with Tokenized Collateral
Ondo Perps lets non‑U.S. traders access 24/7 contracts on blue‑chip equities and precious‑metal tokens. By using the actual tokenized share as margin, the platform eliminates the need for separate stablecoin collateral, which has been a bottleneck for existing RWA perpetual markets.
Key Features and Leverage Options
- Leverage up to 20× on assets such as Apple, Amazon, Microsoft, Netflix, Nvidia, Tesla, the QQQ ETF, gold and silver.
- Tokenized securities as collateral reduce capital lock‑up and improve margin efficiency.
- Designed for market makers to deepen liquidity and support sophisticated trading strategies.
Day‑One Tokenization Pipeline and Regulatory Wins
The summit introduced a “day‑one IPO” tokenization pipeline that streamlines the creation of compliant digital securities. Ondo Finance also secured SEC registration for its tokenized offerings and received European regulatory approval, clearing the path for expansion across the EU.
SEC Registration and European Approval
With SEC registration in place, institutional investors can trust the compliance framework behind each tokenized asset. The European approval aligns the platform with the EU’s MiCA standards, making cross‑border trading smoother for you and your counterparties.
Market Impact: TVL, Volume, and Asset Coverage
Since its launch, Ondo Global Markets has attracted more than $556 million in total value locked, outpacing all other tokenized‑equity platforms combined. Cumulative trading volume has already topped $9 billion, and the platform now lists over 200 U.S. stocks, ETFs, and commodities, including a $2 billion lock‑up of tokenized U.S. Treasuries.
Why It Matters for Traders and Institutions
The ability to collateralise with tokenized assets lowers capital costs and removes jurisdictional barriers that have limited leveraged exposure to U.S. equities. For you, this means you can trade a tokenized Tesla share at 3 a.m. in Tokyo with the same regulatory safeguards you expect in traditional finance.
Future Vision: On‑Chain Prime Brokerage
Ondo Finance’s long‑term goal is an on‑chain prime brokerage that bundles spot trading, derivatives, custody, and compliance into a single app. Perpetual futures are just the first layer of a service stack that could eventually replace fragmented legacy systems.
