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Ondo launches actions with tokenized shares as collateral

Ondo has launched Ondo Perps, a new on-chain derivatives platform that allows eligible users to trade perpetual futures contracts linked to stocks, indices and commodities with up to 20x leverage.

Ondo Perps is live.

Up to 20x equity investor leverage is here, with tokenized shares as collateral and up to $3 million in rewards.

Ondo technology first revolutionized tokenized stocks and now powers investor markets for:

✅ Oil
✅Intel
✅Gold
✅ AMD
✅ Meta
✅Tesla
✅Money
✅… pic.twitter.com/Oxfo7ni9JR

– Ondo Perps (@OndoPerps) July 7, 2026

The platform is live for pre-alpha users and supports permissionless trading 24/7/365. Markets include Oil, Gold, Silver, US 100, US 500, SpaceX, Strategy, Coinbase, Circle and DRAM, among other top tech and AI stocks.

The main feature is the guarantee. Ondo claims that Perps is the first platform to allow the use of tokenized stocks as collateral for perpetual stocks, giving traders a way to use real-world tokenized assets in leveraged markets instead of relying solely on stablecoins.

This design pushes Ondo’s symbolic stock market activity beyond passive exposure. Traders can publish tokenized securities, deploy capital across multiple markets, and manage risk through a single derivatives platform.

The Platform is not available in the United States, Panama and other prohibited jurisdictions.

Ondo is also launching incentives around the product. The company offers up to $3 million in rewards, including referral rewards and business activity rewards. The first week includes $150,000 in USDC rewards for traders based on their activity.

A new Ondo Points program for criminal traders is also planned. The rewards campaign is designed to seed early usage and liquidity as the platform moves through its pre-alpha phase.

The product also expands Ondo’s broader real-world asset strategy. Ondo has built tokenized securities infrastructure through Ondo Global Markets and Ondo Chain, while positioning tokenized assets as usable DeFi primitives rather than static wrappers.

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