Svmuu News: Ondo Perps announced that one week after its public launch, the platform’s total trading volume has surpassed $3 billion, with 24-hour trading volume doubling from the first day of launch to $200 million.
The platform has also added two new tokenized South Korean stocks: SK Hynix (SKHY) and Samsung Electronics (SMSN).Ondo Perps allows users to use their tokenized stock and ETF holdings directly as margin for perpetual contracts, offering non-U.S. users up to 20x leverage across assets such as Tesla, NVIDIA, Apple, as well as gold and silver.
The Ondo Perps team previously stated that using U.S. stocks as collateral is just the beginning, and that AI-driven trading volume will be a key focus in the future.