Ondo Perps Rolls Out with 20x Leverage on Tokenized Stock
The post Ondo Perps Rolls Out with 20x Leverage on Tokenized Stock appeared on BitcoinEthereumNews.com. Ondo Perps has announced its arrival, becoming the first platform to enable on-chain perpetual futures trading on tokenized U.S. stocks and commodities. Users will be able to trade perpetuals with up to 20x leverage. On Ondo Perps, users will be able to use their Ondo tokenized stock holdings directly as collateral, opening the door for efficient leveraged trading without selling their existing positions. On July 7, Ondo Finance officially announced the launch of Ondo Perps in public beta with an impressive leverage of 20x on equity perpetuals. The platform will open a door for non-U.S. users to trade perpetual futures on leading U.S. stocks, ETFs, and commodities at any time. This launch comes at a time of growing excitement around real-world assets and tokenized securities. Ondo Perps is claimed to be the first platform to allow tokenized stocks as collateral for trading perpetual