**[Ondo Perps Officially Launched, Becoming the First Perpetual Contract Platform to Support Tokenized Stocks as Derivatives Collateral]** Deep Tide TechFlow reports that on July 7, according to official sources, Ondo Perps has officially launched and is now open to non-U.S. investors. As the first perpetual contract platform to support tokenized stocks and stablecoins as derivatives collateral, Ondo Perps aims to drive the on-chain derivatives market into a new phase of capital efficiency. Its core advantages include: - **Tokenized stocks as collateral:** Eliminates the need to maintain separate capital reserves across multiple platforms. - **Market depth comparable to traditional finance:** Achieves ultra-low spreads and slippage. - **Execution speed rivaling top-tier crypto CEXs:** Order routing, margin updates, and liquidation are processed in real-time while ensuring decentralization. Currently, Ondo Perps supports assets including stocks, indices, and commodities such as SPCX, MU, NVDA, TSLA, AAPL, gold, and crude oil, offering up to 20x leverage and providing 24/7 trading for global investors. According to reports, Ondo Perps is built on Ondo Finance technology, with Ondo Global Markets providing the underlying tokenized stock infrastructure. The total TVL has already exceeded $1 billion. Ondo Perps serves as the next layer of the ecosystem, enabling tokenized assets to move beyond mere holding and function as collateral on a unified trading platform.