Wire · operational-macro
Ondo Perps hits $7 billion in volume weeks after launch
◆ Sectors
Fintech
◆ Source
◆ Verified
Fusion42 · 29 August 2026 · Fusion42 review
Ondo Finance's perpetual futures platform, Ondo Perps, has surpassed $7 billion in cumulative trading volume shortly after public launch, setting a record for real-world-asset perps platforms by allowing tokenized stocks and other assets as collateral instead of cash or stablecoins.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You need to rethink margin collateral if you trade or build crypto derivatives. Ondo’s approach to letting traders use tokenized assets instead of cash to back positions is unlocking new liquidity and could reshape leverage use.
◆ Coverage
1 source · 7 Aug 2026
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◆ Topics
Fintechcryptoderivativestokenizationtrading-volumeperpetual-futures