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.



Ondo Finance is a blockchain platform that offers tokenized versions of real-world assets.

Ondo Finance is a blockchain platform that offers tokenized versions of real-world assets, allowing investors to access U.S.-based institutional-grade securities. Ondo works with exchange-traded funds (ETFs) managed by companies like BlackRock and Pimco, converting stakes in these traditional assets into tokens. These tokens fluctuate in value based on the underlying assets and can be traded without needing a traditional hedge manager.

Ondo provides both general-access and qualified-access products. The USD Yield (USDY) token, secured by U.S. Treasury securities, offers a 5% APY and is available to non-U.S. residents without requiring full access to Ondo's services. For institutional investors, Ondo offers tokens like OMMF, backed by government money market funds, and OUSG, tied to a short-term U.S. Treasuries ETF. These tokens are designed for stability and liquidity, making them attractive for collateral and other financial strategies.

Ondo Finance also features additional tools like Flux Finance, a lending protocol backed by stable collateral, and the Ondo Token Bridge, which enables secure token transfers across blockchains. The Ondo Token Converter allows users to easily manage their yield-bearing tokens, converting accrued yields into additional tokens or other assets.

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Ondo Perps Full Launch, 24/7 Equity Perpetuals On-Chain