Ondo Perps, the perpetuals platform under Ondo Finance, has launched spot trading for 12 tokenized stocks and exchange-traded funds, according to The Defiant. The new offering lets traders buy the tokenized assets directly on the platform. Those holdings can also be posted as collateral to open short perpetual positions, linking the spot and derivatives sides of the product. Alongside the launch, Ondo Perps said it will waive spot trading fees for the first 30 days after spot trading goes live. The update expands the platform’s trading lineup with tokenized equity exposure while pairing it with collateral utility inside perpetual markets.
Ondo Perps, the perpetuals platform operated by Ondo Finance, has launched spot trading for 12 tokenized stocks and exchange-traded funds, according to The Defiant.
Traders can buy the tokenized assets and use them as collateral to open short perpetual positions.
Ondo Perps also said it will waive spot trading fees during the first 30 days following the spot trading launch.
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