Ondo: Equity Perps Platform Launches with 20x Leverage

Ondo Perps went live today, enabling traders to access equity perps at up to 20x leverage while posting tokenized stocks such as SpaceX, Nvidia, Coinbase, Robinhood and Strategy directly as collateral.

The platform already recorded $1.8 billion in beta volume over the past year and now extends permissionless 24/7 trading to dozens of real-world assets including oil, gold and major equities, expanding the addressable market for institutional hedging strategies that were previously fragmented across venues.

ONDO Technical Confluence

ONDO trades at $0.34 inside its Bollinger band, pressing the upper resistance at $0.35 while the neutral RSI(14) of 52.68 leaves room for continuation; the EMA50 at $0.33 continues to act as reliable support beneath price and the EMA200 at $0.34 reinforces the longer-term bullish structure, although the MACD death cross at 0.0 warns of near-term momentum loss before any sustained push higher.