Ondo Launches Perpetual Contract Platform Supporting Tokenized US Stocks as Collateral

CoinFeed July 7 news, according to official announcement, Ondo launched the perpetual contract platform Ondo Perps, allowing users to use tokenized stocks as collateral and open trades with up to 20x leverage. The platform currently supports commodities such as Oil, Gold, Silver, as well as US stocks like Apple, Nvidia, Tesla, Meta, Microsoft, Amazon, Coinbase, Robinhood, and stock indices like US 100, US 500, and related targets such as SpaceX, Palantir, with trading available 24/7 all year round.