@OndoFinance has officially integrated tokenized gold and silver as collateral on its perpetual futures platform, @OndoPerps, opening a new use case for precious-metal real-world assets (RWAs
@OndoFinance has officially integrated tokenized gold and silver as collateral on its perpetual futures platform, @OndoPerps, opening a new use case for precious-metal real-world assets (RWAs) in on-chain derivatives trading.
The update lets traders post tokenized gold and silver holdings directly as margin to back leveraged positions. Previously, accessing high-leverage exposure typically meant selling those holdings outright or parking capital in stablecoins. By using tokenized asset holdings directly as collateral for perpetual futures positions, traders no longer need to maintain separate capital reserves across multiple platforms. The move extends a collateral model that @OndoPerps originally built around tokenized equities and stablecoins to cover precious metals.
Ondo Perps launched in July 2026 as the first perpetual futures platform for equities and commodities to support tokenized holdings and stablecoins as collateral, combining 24/7 trading with up to 20x leverage and liquidity the firm says is comparable to conventional futures and options markets.The platform claims the fastest execution speed of any permissionless perps exchange, with order routing, margin updates, and liquidations processed in real time while maintaining decentralization guarantees.
The gold and silver collateral update arrives as @OndoPerps continues to scale quickly. The platform has now surpassed $6.5 billion in cumulative trading volume. According to data from DeFiLlama, Ondo Perps generated more than $320 million in trading volume over a single 24-hour period, with seven-day volume reaching $1.497 billion.The milestone came less than one month after Ondo Perps went live on July 7, making it one of the fastest-growing platforms focused on real-world asset perpetual futures.
By late July, it ranked fourth among all perpetual decentralized exchanges by tokenized equity volume, ahead of Lighter and AsterDEX. The integration of gold and silver as productive collateral is designed to deepen that momentum by giving commodity RWA holders a reason to stay active on the platform rather than sitting on static positions.
The platform offers up to 20x leverage depending on the supported market and trading conditions, with all contracts available for permissionless trading 24 hours a day, 365 days a year, without expiry dates.
Sources:Ondo Perps Launch Press Release, PR NewswireOndo Perps Breaks Past $300M in 24-Hour Volume, TheStreet CryptoIntroducing Ondo Perps, Ondo Finance Official Blog
