Ondo
Ondo Perps: perpetual futures on stocks, ETFs and commodities, powered by Ondo Finance technology.
- Perps on US stocks, indices, ETFs and commodities, trading 24/7
- Up to 20x on indices, gold, silver, WTI oil and AAPL; 10x on most single stocks
- Collateral: USDC on Ethereum or Arbitrum, or eligible Ondo tokenized stocks
- Promotional perp fees until Nov 13, 2026: 0.01% maker, 0.025% taker (50% off base)
- Off-chain matching engine inside an SGX enclave, with onchain settlement
Seven criteria on a scale of 10, the fee and market numbers computed from the data. Compare it with other perp DEXs only. How we score
- Taker
- 0.05%
- Maker
- 0.02%
- Volume a day
- $207M
- Open interest
- $110M
- Rewards 8.0
- 5M Ondo Points a week plus weekly USDC trading rewards
- Taker fee 3.6
- No taker fee is a 10, 0.07% or more is a 1. A venue that earns from the spread tops out at 7.
- Volume 5.9
- Average a day: $5M is a 1, $5B is a 10, on a log scale. Volume past ten times open interest does not count.
- Safety 4.0
- Public beta since Jun 2026, no audits, funds in an omnibus hot wallet
- Open interest 7.1
- $1M is a 1, $1B is a 10, on a log scale. Harder to farm than volume.
- Ease 8.0
- No gas per trade, email sign-in; 27 markets, stocks only, no crypto
- Access 8.0
- No KYC or invite; closed to US, Canada, Panama, Russia, Ukraine
- Sign in at app.ondoperps.xyz with a wallet or email
- Fund with USDC on Ethereum or Arbitrum, or Ondo tokenized stocks on Ethereum
- Pick a market and set leverage up to its maximum
- Place your first order
- Fee-free spot tradingEnds Nov 13, 2026
- 50% off base trading feesEnds Nov 13, 2026
- Ondo Points5 million points per week
- USDC Trading Rewards
- Spot Trading Is Now Live, Bringing the Basis Trade to a Single PlatformSpot trading for Ondo Stocks on a central limit order book is now live on Ondo Perps. Traders can buy tokenized stocks and ETFs 24/7 at current market price…
- How Agentic Finance Transforms TradingToday, TrueNorth AI integrated Ondo Perps to their agentic brokerage platform. TrueNorth agents and AI system can scan markets, identify setups, and watch p…
- Deploy Tokenized Gold and Silver as Productive CollateralTokenized gold and silver can now be used as collateral for perpetual futures positions on equities, commodities, indices, and more. By providing GLDon or…
Ondo Perps is in public beta, with positions capped at $1,000,000 per market and features that may change. Deposits are swept into a platform hot wallet, and all positions share one cross margin pool with no isolated mode. Tokenized stocks count toward margin after a haircut (25% on NVDAon), and if Auto-Exchange sells collateral while the stock market is closed, it takes a 2.5% settlement fee on the debt repaid. From 13 November, 14:00 UTC, the promotions end and volume tiers apply: base 0.02% maker, 0.05% taker on perps and 0.02% maker, 0.06% taker on spot.
No security incidents found in our check of Oct 30, 2026.
