Ondo
Ondo is a perpetuals platform for equities, indices and commodities that accepts tokenized stocks as collateral.
Ondo Perps is a decentralized perpetual futures platform built on Ondo Finance's tokenized-equity infrastructure, offering up to 20x leverage on equities, indices and commodities. It is among the first perps venues to let traders post tokenized stocks and ETFs as collateral.
Ondo fees
Ondo charges about n/a maker and n/a taker (a basis point is 0.01%). As with any perp venue, the funding rate often matters more than the headline fee: it is a recurring payment between longs and shorts that can quietly run for or against your position. See how this stacks up on the lowest-fee perp DEX ranking.
Ondo leverage & markets
Ondo offers up to 20x leverage across stocks, commodities markets on Ondo Chain. Higher leverage magnifies both gains and liquidation risk, so size positions carefully. For the most aggressive limits, see the highest-leverage perp DEX ranking.
Is Ondo safe and is there KYC?
Ondo is non-custodial: your funds stay in your own wallet and you sign each trade, so there is no company holding your balance and typically no KYC. The trade-off is smart-contract and liquidation risk, so prefer venues with a solid track record and verify contracts yourself.
Who is behind Ondo?
Ondo was built by Ondo Finance (Nathan Allman and Pinku Surana), with the perps division led by David Wells.
Backers: Founders Fund, Pantera Capital, Coinbase Ventures, Tiger Global, Wintermute.
Ondo milestones
- 2025Ondo Global Markets tokenized-equity platform launches
- 2026Ondo Perps opens broad access with tokenized-stock collateral
Ondo FAQ
- What is Ondo?
- Ondo is a perpetuals platform for equities, indices and commodities that accepts tokenized stocks as collateral. It runs on Ondo Chain using a orderbook model, offering up to 20x leverage on stocks, commodities markets.
- What are Ondo's fees?
- Ondo charges roughly n/a maker and n/a taker (1 bp = 0.01%). Funding is paid periodically between longs and shorts.
- Does Ondo require KYC?
- No. Ondo is a decentralized exchange: you connect a self-custody wallet and trade permissionlessly, with no signup or KYC on the protocol.
- Does Ondo have a token?
- Yes, Ondo's token is $ONDO.