Ondo (ONDO)

Ondo Perps data is the most worth sharing I've seen in the past few weeks July 31, the 24‑hour volume broke $300 million for the first time (peak $320 million) Open interest close to $70 million Less than a month after launch, cumulative turnover exceeds $5.7 billion The RWA perpetual track has recently been driven up in data by this one alone ━━━━━━ I see this from a slightly different angle Why it suddenly exploded is not just another perpetual, but because it succeeded at something no one had done before: tokenized US stocks becoming usable margin for the first time Before, to lever up with US stocks you had to either use CFDs, go to a broker, prepare extra stablecoins, and wait for market hours Ondo's approach is different: ➤ If you hold tokenized stocks such as SPYon, QQQon, NVDAon, you can use them directly as margin ➤ No need to sell, no need to convert to stablecoins ➤ Keep your spot exposure while opening 10‑20× perpetuals ➤ 24/7 entry and exit, weekends also operate as usual ━━━━━━ The actual difference here is bigger than it looks on the surface Many early RWA perpetuals suffered from shallow pools, where a large order would slide the market. @OndoPerps' depth comes from a different source, tapping real liquidity from the traditional market; tests show large‑order slippage is clearly better than typical on‑chain perpetuals. This is what can truly attract institutional capital. ━━━━━━ On July 31, three new symbols were added, showing a diversification of categories: ▸ $CBRS (Cerebras) — AI chips ▸ $NBIS (Nebius) — cloud computing power ▸ $BB (BlackBerry) — legacy tech Chips, AI compute, tech stocks: the three hottest sectors ━━━━━━ I think especially worth mentioning is its ecosystem synergy Ondo's own tokenized stock platform has a TVL exceeding $1 billion After purchasing stocks, users can seamlessly go to Ondo Perps for leverage and hedging, with zero educational cost. It's equivalent to upgrading assets on‑chain into tradable on‑chain. This aspect is far more important than raw data alone. ━━━━━━ I am still pondering a few things: > Can a volume of 300M sustain, or is it just an early launch surge? > Will institutional capital come in at scale? This truly determines the ceiling. > Will volume plunge after the Points incentive stops? However, based on current results, Ondo Perps has moved RWA from "just hold and wait for appreciation" to being tradable, hedgeable, and leveragable. Before using, make sure you are not in a restricted region (e.g., US, Panama, etc.). For reference only, not investment advice, DYOR #美股 #ONDO

$ONDO crossed $4B in traded volume, and honestly, we think the number is the least interesting part of the story. > Reached the number in just 3 weeks. > $ONDO itself has pumped 25% to $0.40. How has @OndoPerps done so well, so fast? 🤔 Ondo didn't ship another crypto-perps clone. It shipped perps on tokenized equities, indices and commodities. NVDA, TSLA, gold, oil, the S&P, up to 20x, 24/7. And the piece we keep coming back to: you post tokenized stocks as collateral instead of round-tripping into stablecoins first. That's the onchain prime brokerage thesis Ondo has been quietly telegraphing for a year. It's the part most people are skipping over to argue about the volume figure. Here's our read on the competitive angle, and it's the stat that made us look twice: across the past week, Ondo has been out-trading Lighter's equity-perps instance (the Robinhood Chain deployment) on daily volume. Same product, tokenized stocks, and the newcomer is taking the day repeatedly. In a category this young, that's not

ONDO Perps just hit $300M in 24h volume and is closing in on $70M open interest. Less than one month live. Already $3B in total perp volume. Equities, ETFs, gold, oil. Up to 20x leverage. Tokenized securities as collateral. This thing is moving.

One of my biggest pet peeves on CT is $ONDO holders that say this: > Me: the sky is blue > Them: “$ONDO hAs No UtIlItY” what does that have to do with what I was talking about & is this your first day in crypto? do you not know that although increasing utility is the goal, crypto is based on speculation still?! like how is DOGE in the top 10? it’s not just me right? 🙈

"Complementary, not competing" is the most strategically loaded phrase Ondo’s CEO could have chosen. Nasdaq extending to 24/7 was supposed to be the tokenization killer, if stocks trade all night on the old rails, who needs the new ones? De Bode just inverted it: every hour TradFi adds is another hour of assets ready to be wrapped for DeFi. The incumbents are building the supply. Ondo is building the pipes it flows through. That is not coexistence. That is positioning to tax the whole transition.

Tokenized U.S. stocks are becoming easier to access through crypto platforms. Gate has launched a campaign with @Ondo, offering a 100,000 USDT reward pool for eligible participants. To participate, users can trade at least 1,000 USDT in supported tokenized stocks to enter the ranking. Trading volume receives a 5× boost on weekends, while holding eligible Ondo assets may also unlock additional rewards. This campaign is a simple way to explore how tokenized stocks connect traditional markets with blockchain-based trading. Always check the full campaign rules, supported assets, eligibility, and risks before participating. Join here:
https://t.co/0nq74aNjoT What has been your most memorable U.S. stock trade? #Gate @Ondo #Ondo #TokenizedStocks