Ondo Perps beta version is now live and fully open to the market, transitioning from the warm-up phase to full-scale trading. The core selling point of Ondo Perps is “tokenized stocks as collateral,” which integrates its tokenized securities infrastructure into the collateral system, allowing tokenized stocks/ETFs to serve as productive collateral to support perps positions. This approach enables users to manage their funds more flexibly, allowing them to hold stocks while engaging in DeFi lending. In addition, the user-friendly experience is reflected in: **Product side:** Digital currencies, on-chain U.S. stocks, commodities, indices, ETFs, etc., are now available, making it a 24/7 RWA perpetual contract platform. **User rewards:** The platform currently rewards real users for their trades on a weekly basis. Rewards are distributed in USDC, and this has been ongoing for 6 weeks, with a maximum reward of $3M. **Product experience:** The trading depth for U.S. stocks is excellent. Currently, 18 U.S. stocks are available, including $SPCX and $MU, with leverage up to 20X, directly catering to high-frequency, high-capital-efficiency derivatives scenarios. This week, rewards continue with $150K USDC. This platform is definitely worth trying out. Mandarin community TG group: https://t.me/+VOoW-3MI_McwNTE1 : https://app.ondoperps.xyz/?ref=MHZ1J6 (20% discount)