Ondo Launches Perps DEX with Tokenized Stocks Collateral

Ondo has unveiled its Perps DEX (Decentralized Exchange), which allows users to trade tokenized stocks as collateral.

The exchange, which is part of Ondo's decentralized finance (DeFi) platform, enables traders to use a wide range of assets as collateral for lending and borrowing.

Ondo has stated that the Perps DEX aims to provide a more secure and transparent alternative to traditional centralized exchanges.