Ondo Perps Total Trading Volume Tops $3 Billion After One Week

Ondo Perps said the platform has been public for one week, with total trading volume topping $3 billion and 24-hour volume doubling from launch day to $200 million. According to Odaily, the platform also added two tokenized Korean stock offerings, SK Hynix and Samsung Electronics. Ondo Perps allows users to use tokenized stocks and ETF holdings directly as margin for perpetual contracts. It offers non-U.S. users up to 20 times leverage and covers assets including Tesla, Nvidia, Apple, gold, and silver. The Ondo Perps team previously said using U.S. stocks as collateral was only the starting point, and that AI-driven trading traffic will be a focus in the future.