Ondo Finance's derivatives platform has raced past $7 billion in **** ulative trading volume, according to data from **** ytics site DefiLlama, a fast climb for a product that only recently opened to the public.
DefiLlama's figures put Ondo Perps at about $7.03 billion in **** ulative perpetuals volume, with roughly $200 million traded in the past 24 hours and around $69 million in open interest, the total value of positions currently held on the platform.
The platform's volume has risen steeply since the spring, DefiLlama's chart shows, with the sharpest gains coming in the weeks through early August.
Related: Ondo Perps unlocks tokenized gold and silver for perpetual trading
According to Ondo, more than $5 billion of that total has been traded since public access went live, which the company says tops any other real-world-asset perps platform in its first month, citing the same DefiLlama data. Ondo called it the fastest start in the category's history.
#ondo #billion #cumulative #trading
DefiLlama's figures put Ondo Perps at about $7.03 billion in **** ulative perpetuals volume, with roughly $200 million traded in the past 24 hours and around $69 million in open interest, the total value of positions currently held on the platform.
The platform's volume has risen steeply since the spring, DefiLlama's chart shows, with the sharpest gains coming in the weeks through early August.
Related: Ondo Perps unlocks tokenized gold and silver for perpetual trading
According to Ondo, more than $5 billion of that total has been traded since public access went live, which the company says tops any other real-world-asset perps platform in its first month, citing the same DefiLlama data. Ondo called it the fastest start in the category's history.
#ondo #billion #cumulative #trading
3 months ago
