About Ondo Perps
Ondo Perps is a perpetual futures trading platform built by the team behind Ondo Finance, offering 24/7 trading on tokenized U.S. equities, ETFs, and commodities. Users can take long or short positions on assets like NVDA, TSLA, AAPL, gold, silver, and oil with up to 20x leverage. The platform launched in early access in 2025 and is available to users outside the United States and other restricted jurisdictions. The platform’s main differentiator is planned support for tokenized securities as collateral. Existing RWA perps venues force traders to post stablecoins, locking up capital twice when they already hold the underlying asset. Ondo Finance previously raised a $4M seed round in 2021; a $20M Series A in 2022 led by Founders Fund and Pantera Capital, with backing from Coinbase Ventures, Tiger Global, and Wintermute and $22M in May 2022.
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