Ondo Perps Hits $10B as RWA Trading Takes Off
Ondo Perps (
@OndoPerps) has crossed $10 billion in cumulative trading volume, marking a major milestone for RWA derivatives.
The platform says it achieved the fastest start in the history of real world asset perpetuals. Trading activity has continued to build, with daily volume reaching hundreds of millions of dollars.
Open interest has also surpassed $100 million as more capital enters the platform. Meanwhile, nearly $20 million worth of Ondo Stocks is being used as collateral.
Ondo says its long term goal is to bring equity perps closer to traditional derivatives markets.