Ondo Perps launched as the first perpetual contract platform supporting tokenized stocks and stablecoins as collateral for derivatives. It offers up to 20x leverage on assets including SPCX, NVDA, TSLA, and commodities, with TVL already above $1 billion.
If you’re yet to get started on Ondo, here’s my invite link.
Matters because: This expands RWA utility into derivatives and may improve capital efficiency for on-chain markets.