Ondo Rebounds to $0.406, Trading Volume Surges 55% Amid High Leverage Demand

ONDO0.78%

According to CoinGlass data, Ondo Finance (ONDO) rebounded to $0.406 in 24 hours, up 5.6% on daily charts, with trading volume surging 55% to $123 million, indicating growing market participation.

Futures activity significantly outpaced spot trading, signaling high-risk appetite among traders. ONDO's futures volume climbed 54% to $285 million, while spot volume rose 67% to $64.6 million, creating a $218 million gap. Derivatives volume surged 59% to $288 million, with open interest rising 6% to $204 million, reflecting traders' demand for leveraged exposure.

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