Ondo Perps tops $2 billion volume in 48 hours after public launch
The platform said it also added Bitcoin and Ethereum trading markets as early activity accelerated shortly after opening to the public.
BTC
ETH
ONDO
Fact Check
Multiple independent crypto news outlets — Odaily (498868), BlockBeats (355227), and Phemex — all report the same claim: Ondo Perps exceeded $2 billion in trading volume within 48 hours of its public launch. Odaily and BlockBeats both attribute this to Ondo's official announcement (@OndoPerps), and Odaily specifically confirms the addition of Bitcoin (BTC) and Ethereum (ETH) trading markets. The consistency across sources tracing back to the official Ondo account supports the claim with high confidence.
Summary
Ondo Perps said trading volume exceeded $2 billion within 48 hours of its public launch, marking a rapid early pickup in activity for the perpetuals trading platform. The project also announced the addition of Bitcoin and Ethereum trading markets, expanding access to the two largest crypto assets by market value. Perpetuals are crypto derivatives that let traders take leveraged positions without an expiry date, making early volume a closely watched signal of user demand and liquidity.
Terms & Concepts
- Ondo Perps: A crypto perpetuals trading platform.
- perpetuals: Crypto derivatives with no expiry date.