Ondo Perps Reaches $7 Billion Milestone as New DeFi Platform Gains Momentum

TL;DR

• Ondo Perps surpassed $7 billion in cumulative trading volume only weeks after its public launch, according to DefiLlama data, showing strong early demand for blockchain-based derivatives.
• The platform recorded around $7.03 billion in perpetual futures volume, with approximately $200 million traded in the last 24 hours and nearly $69 million in open interest.
• Ondo Finance is expanding real-world asset tokenization in DeFi by allowing users to use tokenized assets as collateral while accessing perpetual futures markets.
  

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Ondo Perps has surpassed $7 billion in cumulative trading volume, becoming one of the fastest-growing DeFi platforms focused on real-world asset derivatives. According to data from analytics platform DefiLlama, the product achieved this level only weeks after opening public access, highlighting increasing demand for blockchain-based financial solutions.

The fastest start in RWA perps history.

Over $7 billion in volume has been traded on Ondo Perps, with $5 billion since public access went live, more than any other RWA perps platform in its first month, per @DefiLlama.

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