Ondo Perps Launched Spot Trading for Tokenized Assets
Non-US users can now trade 12 tokenized stocks and ETFs as collateral for perpetual futures.
Updated on Sept. 28, 2026 in Investing
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Ondo Perps has expanded its platform to include spot trading for 12 tokenized equities and ETFs. The new feature allows international users to trade these assets alongside existing perpetual futures contracts.
Why it matters
The integration enables traders to execute basis trading strategies directly on one platform without moving capital. By using tokenized assets as collateral, users can maintain positions across markets more efficiently.
Ondo Perps now supports 12 tokenized stocks and ETFs, building on a cumulative platform volume of over $8 billion for its perpetual futures product. The platform is currently waiving all trading fees for 30 days.
The players
Ondo Perps
A trading platform that offers perpetual futures and tokenized versions of traditional financial assets for non-US users.
The details
Traders can purchase these tokenized equities via a central limit order book and then use the holdings as margin to open perpetual futures positions. This mechanism supports basis trades, where a trader goes long on the spot asset and short on the futures contract. These tokenized assets are backed by underlying securities held at US broker-dealers or trust companies, though access remains restricted to non-US jurisdictions.
Timeline
July 2026: Ondo Perps introduced perpetual futures trading.
September 28, 2026: The platform launched spot trading for 12 tokenized assets.
September 28, 2026 to October 28, 2026: Trading fees are waived for platform users.
Money Landscape
This launch marks a further expansion in the integration of tokenized real-world assets into decentralized finance trading rails. It follows a growing industry trend of using blockchain-based tokens to replicate traditional security market mechanics.
International users may benefit from the temporary fee waiver available for the 30 days following the launch. Those interested in these products should consult with a qualified financial professional to understand the risks of margin trading and cross-border digital asset holdings.
The takeaway
Ondo Perps has added spot trading to its suite of perpetual futures products, allowing traders to use tokenized assets as collateral. Users should monitor the 30-day fee waiver period and ensure they understand the jurisdictional restrictions before interacting with the platform.
Further reading
Learn more about market trends in Investing.
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Do you trust tokenized financial assets as much as traditional investments held in brokerage accounts?
