Ondo Perps

Perp + Spot (RWA)

$— · Founded 2026 · ondoperps.xyz ↗

No token yetPre-token

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★★★★★★★★★★

55/100dexwatch score · Caution

Perps on tokenized stocks, ETFs, commodities and crypto, matched off-chain in SGX enclaves and funded with USDC — an Ondo-ecosystem venue that is not self-custodied.

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Status

Public beta since 9 June 2026 (position caps apply), operated by Ondo Global (Panama) Inc. with the Ondo Foundation as primary shareholder and legally separate from Ondo Finance. Matching runs off-chain in Intel SGX enclaves and deposits are swept into an operator hot wallet secured by an attestor network, so funds are not self-custodied; no third-party audit is published (Cantina bug bounty since 2 June 2026). Fees shown are the base tier; a 50% promotion (0.01% / 0.025%) runs until 13 November 2026. The docs still quote 20× leverage while the API allows 40× on BTC. Not available in the US, Canada or Panama.

Key metrics

24h volume

$165.9M

Total value locked

n/a

Open interest

$107.2M

Share of tracked perp volume

1.2%

Market cap

n/a

Maker / taker fee

0.02% / 0.05%

Max leverage

40×

Trading pairs

Snapshot Nov 2, 2026 from public sources (the venue's own market API for volume and open interest, DefiLlama for TVL). Live values refresh in your browser where a source is available. Fields without a verifiable source show n/a.

Overview

Ondo Perps is a perp + spot (rwa) that runs on Ethereum, Arbitrum. It handles roughly $165.9M in 24-hour volume, charging a taker fee of 0.05% and offering up to 40× leverage. Founded in 2026.

A detailed editorial pros & cons breakdown, security score and audit history for Ondo Perps are not available yet — the figures above come from public trackers and the venue's own API where available. We add full profiles over time.

Security

No published security score or audit list is available for Ondo Perps in our dataset yet.

AuditsNot available

At a glance

ChainsEthereumArbitrum

IncentivesOndo Points: 5M points a week from the Ondo Foundation since 2 Jun 2026 (volume- and OI-weighted) plus weekly USDC reward epochs; referral pays 10% of referee fees, referee 5% discount; no venue token announced

TypePerp + Spot (RWA)

BackersOndo Foundation (primary shareholder); built on Ondo Finance technology, operated by Ondo Global (Panama) Inc.

Made your choice?

Start trading on Ondo Perps

Non-custodial — connect your wallet and you stay in control of your funds. Leverage is high-risk; only trade what you can afford to lose.

EthereumArbitrumPerp + Spot (RWA)

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Frequently asked about Ondo Perps

Is Ondo Perps safe to use?

There is no published dexwatch security score or audit list for Ondo Perps in our dataset yet, so we mark that as not available. Like other decentralized exchanges it is non-custodial, meaning you keep control of your funds in your own wallet. Always do your own research before trading.

What are the trading fees on Ondo Perps?

Ondo Perps charges a maker fee of 0.02% and a taker fee of 0.05%.

What is the maximum leverage on Ondo Perps?

Ondo Perps offers up to 40× leverage on supported markets. High leverage is extremely risky and can liquidate a position quickly — only trade what you can afford to lose.

Which blockchains does Ondo Perps support?

Ondo Perps operates on Ethereum, Arbitrum.

Does Ondo Perps have a token?

No. Ondo Perps has no live token at the time of writing, and runs a points programme instead. Points are not a promise of an airdrop. We do not speculate on future token launches.

Compare with similar venues

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Learn before you trade

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What are perpetuals & perp DEXes?Module 7 · 7 min read → How liquidations really work on a perp DEXModule 7 · 9 min read → Funding rates: the hidden cost of holding a perpModule 7 · 7 min read → Phishing, fake sites & wallet drainersModule 5 · 7 min read →

Key terms

Perpetuals Funding rate Leverage Liquidation Margin

Figures are a dated snapshot from public sources — they move constantly and are for reference only, not financial advice. Updated Nov 2, 2026. Spotted an error? Tell us.