Ondo lists 52 perp markets and quotes leverage up to 25x on Ethereum · Arbitrum. The base-tier schedule is maker 0.01% / taker 0.025% with funding 1h.
Ondo Perps is a perpetuals exchange with deposit paths on Ethereum and Arbitrum, launched in 2026. It is backed by the ONDO token.
The market list centers on equities, ETFs, indices and commodities alongside crypto, across 52 contracts, with fees currently running at a promotional discount below the venue's base published rate. Its terms describe identity and anti-money-laundering documentation as something Ondo Perps may request, with access subject to suspension for accounts that do not provide it.
Funding is peer-to-peer, with the protocol taking no cut, and settles once an hour as an installment of a rate quoted over an eight-hour window. The rate combines a short-term premium sampled every minute with a small fixed daily interest charge, and is set to zero for any hour where the underlying price feed has too large a gap between samples.
Ondo signs traders in with a browser wallet, and the venue is non-custodial.
Up to 25x on listed markets.
Ondo names 21 restricted jurisdictions in its terms.
Fees, leverage, sign-up and markets on other perp DEXes.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
