Ondo Perps Launches 24/7 Spot Trading for Tokenized Stocks and ETFs
Users can use their tokenized stock and ETF positions as collateral for perpetual contracts and conduct basis trades on the same platform.
Ondo Perps has launched 24/7 spot trading for tokenized stocks and exchange-traded funds, allowing traders to use those positions as collateral for perpetual contracts on the same platform.
The launch extends the platform beyond perpetual-contract trading by adding continuous access to tokenized equity and ETF markets. Traders can hold the tokenized assets and use their positions to support perpetual-contract strategies.
Ondo Perps also enables basis trading within the platform, combining spot positions with perpetual contracts. Basis trading generally involves managing the price difference between an asset and a related derivative.
The service is centered on tokenized versions of stocks and ETFs rather than direct ownership of traditional securities.
