Latest Update
7/21/2026 2:40:00 PM

Ondo Perps: Tokenized Stocks Collateral Live

Ondo Perps: Tokenized Stocks Collateral Live

Ondo Perps enables tokenized stocks as collateral for perps trading with SPYon and QQQon, pushing volume past $3.8 billion amid Ondo Finance tokenized equities collateral mechanics.

Source

Analysis

Ondo Perps rolled out tokenized stock collateral for perpetuals trading, letting users deploy SPYon and QQQon positions without selling assets or parking funds in stables. Volume has already accelerated past $3.8 billion as traders exploit seamless hedging, deep liquidity, tight spreads, 20x leverage and 24/7 operations. The move builds directly on Ondo Finance tokenized equities collateral mechanics and the Ondo Perps SPYon QQQon launch background, advancing the productive capital thesis that keeps equity exposure working while funding derivatives exposure.


Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast