Tokenized gold & silver collateral is now live. In a landmark first, tokenized gold & silver can now back perpetual futures positions as productive collateral. This unlocks the basis trade, holding spot & shorting the perp to capture funding when rates are positive, for two more of the world’s most traded assets on Ondo Perps, alongside SPYon & QQQon. To date, Ondo Perps has rapidly accelerated past $6.5 billion in cumulative volume as traders seek: ✅ Tokenized stocks as collateral backing perps ✅ Seamless hedging on a single platform ✅ Deep market liquidity for equity perps ✅ Tight spreads & minimal slippage ✅ CEX-equivalent speeds ✅ 24/7/365 operations ✅ Up to 20x leverage Tokenized stock collateral means traders no longer need to park capital in stablecoins or sell an asset to gain exposure elsewhere. This is all part of Ondo’s productive capital thesis that brings capital efficiency and ultimately liquidity for equity perps on par with traditional derivatives markets. Ondo Stocks pioneered tokenized equities. Now Ondo Perps transforms perpetuals trading. This is just the start. More Ondo Stocks as collateral are coming soon.