Ondo Perps: Basis Trade Lands on Tokenized Stocks

@OndoPerps brings the classic basis trade to on-chain tokenized stocks such as NVDAon, letting traders buy the spot asset and short an equal notional perpetual future to collect funding rates while net exposure stays zero. TradFi funds have run this direction-neutral strategy for decades; now it operates 24/7 on equities via the Ondo Perps platform. With funding at roughly 0.03 percent daily, the structure can yield around 11 percent annualized on collateral regardless of whether the underlying equity rises or falls, turning the position into a rent-like cash-flow stream rather than a directional bet.