Ondo Enables Tokenized Stocks as Collateral on OndoPerps on July 22

ONDO1.28%
SPYON0.09%
QQQON-0.09%
According to The Defiant, Ondo Finance deployed its tokenized stocks as collateral on perpetual futures platform OndoPerps on July 22. The platform now supports SPYon and QQQon—tokenized ETFs tracking the S&P 500 and Nasdaq-100 indices—as margin. Users can pledge Ondo Stocks without converting to stablecoins or liquidating other positions, with an initial per-asset nominal limit of $100,000.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments