Ondo Perps Hits $8B in Volume as Traders Embrace Tokenized Stocks

TL;DR

• Ondo Perps has surpassed $8 billion in cumulative perpetual futures volume only weeks after launching publicly.
• The platform lets non-U.S. traders use tokenized stocks and other assets as collateral, with leverage of up to 20x.
• Rising activity shows how tokenized equities are becoming usable financial infrastructure across trading, lending, and decentralized finance.
  

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Ondo Perps has surpassed $8 billion in cumulative trading volume, underscoring the rapid growth of tokenized equity derivatives just weeks after its launch. The platform combines perpetual futures with blockchain-based versions of traditional stocks, giving eligible traders outside the U.S. access to 24/7 markets and new ways to deploy capital.

Data from DeFiLlama cited in the original report places cumulative volume at roughly $8.28 billion, while open interest stands near $93 million. Over the previous 30 days, trading volume reached approximately $5.37 billion, with around $210 million changing hands during the latest 24-hour period.

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