[Ondo Perps Officially Launched, Supporting Up to 20x Leverage for Stock Perpetual Contracts] BlockBeats News, July 7: Ondo Perps has officially launched, supporting up to 20x leverage for stock perpetual contracts and allowing tokenized stocks to be used as collateral, while offering up to $3 million in rewards. Ondo Perps stated that Ondo's technology has previously driven the development of tokenized stocks, and its perpetual contract market now covers assets such as oil, gold, silver, Intel, AMD, Meta, Tesla, Apple, Circle, Nvidia, Oracle, Netflix, DRAM, Micron, US 100, US 500, SpaceX, Palantir, Amazon, Strategy, Alphabet, Coinbase, Microsoft, and Robinhood, supporting permissionless trading 24/7. Ondo Perps claims to be the first platform to allow tokenized stocks to be used as collateral and is currently open to Pre-Alpha users. RWA perpetual contracts can be traded on the platform, with the goal of providing liquidity and capital efficiency comparable to traditional derivatives trading platforms. Ondo Perps stated that traders can deploy large-scale capital, execute complex strategies, and manage risks on a single platform, without being constrained by the expiration dates and closing times of traditional derivatives trading venues. The platform is currently open to global users outside the U.S., Panama, and other restricted jurisdictions. [Original Link]