The platform said the milestone puts it among the five most active perpetual trading venues, underscoring continued demand for crypto derivatives trading.
Ondo Perps has reached $6 billion in total trading volume, marking a new activity milestone for the platform. The update said it now ranks among the top five perpetual trading platforms by activity, highlighting its growing share of the crypto derivatives market. Perpetuals are futures-like contracts with no expiry date, allowing traders to take leveraged positions on digital assets.