Ondo Perps Full Launch — 24/7 Equity Perpetuals On-Chain
Ondo Finance (ONDO) · Releases & Updates · June 9, 2026
Ondo Perps opens to the public on June 9, bringing 24/7 on-chain perpetuals trading on US stocks, ETFs, and commodities with up to 20x leverage for non-US users.
Ondo Finance, the dominant tokenized equities platform with 70%+ market share and $1B+ TVL, launches Ondo Perps publicly on June 9. The platform allows non-US users to trade perpetual futures on Apple, Nvidia, Tesla, S&P 500, gold, silver, oil, and 260+ other tokenized assets with up to 20x leverage. A key innovation: tokenized securities (OUSG, USDY) serve as collateral, not crypto, enabling capital-efficient positions. Early access opened to eligible traders ahead of the June 9 full launch. Built by new CEO Ian De Bode (ex-McKinsey, former Ondo president) following founder Nathan Allman's unexpected passing on May 26.
- 24/7 equity perps: trade US stocks, ETFs, and commodities around the clock with up to 20x leverage - Non-US users only at launch — aligns with existing Ondo Global Markets jurisdictional framework - Use tokenized Treasuries (OUSG) and yield tokens (USDY) as collateral — earn yield while trading - Ondo Global Markets: $1B+ TVL, $18B+ cumulative volume, 260+ tokenized US securities available