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Trade GVF4 Perps
with 29VPE Collateral

Trade equity perps 24/7 with up to 20x leverage, unmatched liquidity, and tokenized stocks as collateral.

Not Available in US

Deploy Collateral

TSLA
TSM
AVGO
TMO
ORCL
NFLX
XOM
COST
JNJ
PDD
ABNB
AMZN
RIVN
GLD
DBC
SNAP
GRAB
NVDA
SHOP
SPOT
CLOI
SBUX
RGTI
PLUG
SOFI
SCHW
CSCO
WMT
V
PG
META
GOOGL
VTI
PAVE
IVV
MSFT
MA
AAPL
NIO
AAL
UBER
BLK

Buying Power

Collateral Ratio

24/7

XAGINTCCRCLNVDAXAUTSLAGOOGLCOINAMZNWTIHOODPLTRMETAMSTRORCLMSFTSPCXUS500US100XAGINTCCRCLNVDAXAUTSLAGOOGLCOINAMZNWTIHOODPLTRMETAMSTRORCLMSFTSPCXUS500US100

Hedging

+TSLAon

-TSLA

Features

First of Its Kind

The first equity perps platform with the capital efficiency, liquidity, and risk management sophisticated traders need.

Tokenized Stock Collateral

Use Ondo tokenized stocks and ETFs as collateral — no need to liquidate holdings or park separate stables.

Learn More

Tokenized Stock Collateral

Use Ondo tokenized stocks and ETFs as collateral — no need to liquidate holdings or park separate stables.

Ondo Stocks is the largest tokenized stocks and ETFs platform globally, boasting more TVL than all others combined. Each token is fully backed and leverages liquidity from traditional exchanges like Nasdaq and NYSE.

Improved Portfolio Margin

Use multiple tokenized equities in a single capital pool, with margin requirements that reflect your actual net risk — not gross exposure.

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Improved Portfolio Margin

Use multiple tokenized equities in a single capital pool, with margin requirements that reflect your actual net risk — not gross exposure.

By assessing risk at the portfolio level rather than position by position, the platform increases capital efficiency and allows traders to maintain spot exposure while deploying that same capital into perps.

Deep Liquidity

Institutional market makers and organic flow from asset holders deliver tight spreads and minimal slippage — even at size.

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Deep Liquidity

Institutional market makers and organic flow from asset holders deliver tight spreads and minimal slippage — even at size.

Boosting capital efficiency increases returns for liquidity providers, driving them to the platform, and in turn, improving depth of interest and execution quality for traders.

Advanced Order Types& Risk Controls

Reduce-only orders, post-only orders, and priority cancels — maintain precise control over entries, exits, and risk at every market condition.

Seamless Hedging

Hold spot and manage perpetual positions on one platform, hedging tokenized holdings with a few clicks.

Global Access

Go long or short on real-world assets from anywhere in the world.*

Ondo Perps trading interface

Powered by

Ondo's Institutional-Grade 
Infrastructure

Trade perps on the world's largest markets worth $59T+ combined.

24/7

Trade anytime. No closing bell. No expiry.

Non-Custodial Architecture

Your assets, your control. Ondo Perps is built on non-custodial infrastructure, ensuring traders maintain ownership of their collateral at all times.

Institutional-Grade Security

Multi-layer authentication, encrypted data transmission, and regular third-party security audits.

Up to 20x Leverage on

Stocks
1.0x

Built to be Best-In-Class

Superior execution, liquidity, and capital efficiency for synthetic leverage on real-world assets.

Ondo Perps

Deep liquidity and minimal slippage
Tokenized stocks and ETFs; stablecoins as collateral
Hedging within a single platform

Other Platforms

Shallow liquidity and high slippage
Only stablecoins as collateral
Hedging across multiple platforms
Eligibility Generally. Access to and use of the Ondo Perps platform (the "Platform") is strictly prohibited for: (i) persons that are subject to any sanctions program or list maintained by the United Nations Security Council ("UN"), the Republic of Panama ("Panama"), the United States ("US"), the European Union ("EU") the United Kingdom ("UK") or Canada; (ii) persons who are located in, incorporated in, organized in, or operating from a jurisdiction subject to the international sanctions regimes maintained by the UN, Panama, US, EU, UK, or Canada, as applicable; (iii) persons or entities that are located in, incorporated in, organized in, or operating from Panama, the US (or any of its states, possessions, territories or federal districts), Canada, or any other jurisdiction that prohibits or restricts access to perpetual futures contracts of the type offered through the Platform; and (iv) persons that are acting on behalf of or for the benefit of any of the foregoing.
No U.S. Access. Without limiting the foregoing, access to and use of the Platform is not available in the United States, any of its states, possessions, territories or federal districts, or to U.S. persons (as defined under (i) Regulation S promulgated under the U.S. Securities Act of 1933, as amended, (ii) the U.S. Commodity Exchange Act, as amended, and the rules and regulations promulgated thereunder, and (iii) the U.S. Internal Revenue Code of 1986, as amended, and the rules regulations promulgated thereunder) pursuant to the Platform's Terms of Use.
The Ondo Perps perpetual futures contracts made available on the Platform (the "Assets") have not been registered under the US Securities Act of 1933, as amended (the "Act") or the securities or financial instrument laws of any other jurisdiction. The Assets may not be offered or sold in the United States or to US persons.
No Registration. Neither the Platform nor any perpetual futures contracts traded on the Platform are registered with the Superintendence of the Securities Markets of Panama, the United States Securities and Exchange Commission, the United States Commodity Futures Trading Commission, or with any other regulator or governmental authority within or outside of the United States.
Risk of Total Loss of Investment. Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any assets. Nothing herein constitutes investment, legal, tax or financial advice. Trading in perpetual futures and financial derivatives involves risks. A holder of perpetual futures may incur losses, including total loss of their purchase price. Past performance may not be (and for perpetual futures will not be) an indication of future results. Investors are responsible for conducting their own research, investigation, verification, checks or consultation for professional or investment advice.
No Investment Advice. Ondo Perps does not provide investment advice. The materials on the Platform nor any correspondence with you should be interpreted as investment advice.
Important Information Regarding the Platform. Ondo Global Panama Inc., a Panama corporation makes available the Platform, which eligible users may access and utilize to enter into peer-to-peer perpetual futures contact transactions. Neither Ondo Global Panama Inc. nor any direct or indirect parent or subsidiary operates as an exchange, stock exchange, broker, dealer, financial advisor, market maker, or financial intermediary of any kind. No such entity acts as a counterparty to any transaction entered into by persons using the Platform. No such entity custodies any Platform user funds or digital assets, and no such entity has any oversight, involvement, or control over the individual contracts entered into between Platform users.
Peer-to-Peer Transactions. All perpetual futures contracts entered into through the Platform are executed directly between users on a peer-to-peer basis. The terms of each contract are governed solely by the applicable smart contracts and the parameters set by the parties to that contract.
Forward-Looking Statements. The communications herein may contain forward-looking statements, including, but not limited to, statements regarding future financial performance, business strategies, or expectations for the growth or development of the Platform or any of its respective affiliates (each, an "Applicable Entity"). These statements are based on management's current expectations, estimates, projections, and beliefs, and are subject to a number of risks, uncertainties, and assumptions that could cause actual results to differ materially from those anticipated. Forward-looking statements can be identified by the use of terminology such as "may," "will," "should," "expect," "intend," "plan," "anticipate," "believe," "estimate," "predict," "potential," "continue," or the negative of these terms or other similar expressions. Factors that could cause actual results to differ materially from those contemplated by the forward-looking statements include, but are not limited to, the following: economic, competitive, legal, governmental, and technological factors affecting the operations, markets, products, services, or prices of any Applicable Entity. No Applicable Entity undertakes any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.
Additional terms and restrictions apply. See ondoperps.xyz for details.
Ondo Perps