Volume 24h$440.2M↘ 21.71%24h
Open interest$83.6M↘ 11.44%24h
Markets77+124h
Max leverage40x
Taker / maker0.025%/0.010%
BTC funding /8h+0.0100%
BTC paid 30d+0.693%
Best price arb
Open pair →LONGOndo Perps666.13
SHORTVariational Omni678.11
Price arb here
all| MU | long here, Variational Omni | +1.798% | +$32 |
| MSTR | long here, Lighter | +0.707% | +$29 |
| SP500 | long here, Variational Omni | +0.108% | +$19 |
| EWY | long here, Variational Omni | +0.499% | +$18 |
| XAU | short here, edgeX | +0.644% | +$18 |
Best funding arb
Open pair →LONGOndo Perps+0.0050%1h57m 03s
SHORTKraken Futures+0.0562%1h57m 03s
Funding arb here
all| INTC | long here, Kraken Futures | +0.0512% | +$63 |
| GOOGL | long here, BloFin | +0.0185% | +$35 |
| QQQ | long here, Deribit | +0.0282% | +$24 |
| BZ | short here, BloFin | +0.0214% | +$23 |
| XAG | long here, BloFin | +0.0190% | +$19 |
Markets
77 markets| Asset | Price | Funding /8h | Every | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|
| XAURWA XAU-USD.P | 4,087.6 | +0.0050% | 1h | $10.8M | $91.6M | 25x |
| SP500RWA US500-USD.P | 7,413.7 | +0.0050% | 1h | $7.9M | $33.1M | 25x |
| NAS100RWA US100-USD.P | 26,831 | +0.0050% | 1h | $5.1M | $35.3M | 25x |
| XAGRWA XAG-USD.P | 51.720 | +0.0050% | 1h | $4.9M | $4.8M | 25x |
| BTC BTC-USD.P | 75,895 | +0.0100% | 1h | $4.5M | $24.6M | 40x |
| SPCXRWA SPCX-USD.P | 121.69 | +0.0050% | 1h | $4.0M | $8.7M | 10x |
| MURWA MU-USD.P | 666.13 | +0.0050% | 1h | $2.8M | $9.3M | 10x |
| QQQRWA QQQ-USD.P | 652.09 | +0.0050% | 1h | $2.7M | $4.0M | 20x |
| ETH ETH-USD.P | 2,246 | +0.0100% | 1h | $2.5M | $6.5M | 25x |
| SPYRWA SPY-USD.P | 740.01 | +0.0050% | 1h | $2.3M | $2.2M | 20x |
| GOOGLRWA GOOGL-USD.P | 280.23 | +0.0050% | 1h | $2.2M | $10.5M | 15x |
| AAPLRWA AAPL-USD.P | 347.63 | +0.0050% | 1h | $2.1M | $9.6M | 20x |
| BZRWA BRENT-USD.P | 96.860 | +0.0050% | 1h | $2.0M | $2.2M | 15x |
| CLRWA WTI-USD.P | 90.150 | +0.0050% | 1h | $1.9M | $5.1M | 20x |
| SNDKRWA SNDK-USD.P | 823.30 | +0.0050% | 1h | $1.6M | $15.2M | 5x |
| DRAMRWA DRAM-USD.P | 38.460 | +0.0050% | 1h | $1.5M | $11.8M | 10x |
| NVDARWA NVDA-USD.P | 182.52 | +0.0050% | 1h | $1.5M | $6.8M | 15x |
| METARWA META-USD.P | 592.01 | +0.0050% | 1h | $1.5M | $5.0M | 10x |
| INTCRWA INTC-USD.P | 53.210 | +0.0050% | 1h | $1.4M | $10.8M | 10x |
Before you deposit
- LiquidityDeep$83.6M open interest
- Real volumeHighvolume is 5.3x open interest a day, often a sign of farming or wash trading
- Book depthThin$1.1M within ±0.5% of the BTC price, both sides
- KYCNoneNo ID (only third-party fiat on-ramps check identity); not for the US, Canada, Panama, Russia, Ukraine or sanctioned countries.
Key facts
About Ondo Perps
Ondo Perps is a decentralized perpetual futures exchange on Ondo. It lists 77 active markets, traded $440.2M in the last 24 hours and holds $83.6M in open interest, #14 among the perp DEXs we track.
Funding settles every 1h. BTC longs pay +0.0100% /8h right now and paid 0.693% over the last 30 days.
News from Ondo Perps
allOn the farm board: Referral Boost: up to $60 per qualified trader (until 2026-11-11); Ondo Perps competition on Layer3
| 11-05 14:20 | Listing | new market PEARL-USD.P ($PEARL) seen by our collector |
| 11-05 10:00 | Contest | CHALLENGE: Predict & win up to 200 USDC. We’re giving out up to 200 USDC to 5 winners who can accurately predict the price of pre-IPO OPENAI perps. To participate: 1. Follow @OndoPerps 2. Like and repost this post 3. Drop a comment with your price prediction for the OPENAI Pre-IPO perps on Ondo Perps on November 12 at 10AM UTC. The closest call wins 200 USDC. The next two closest will win 100 USDC each, and the two closest after that will win 50 USDC each. Trade OPENAI perps now ↓ @OndoPerps on X ↗ |
| 11-05 10:00 | Contest | Details: 1. Giveaway ends 12 Nov, 10AM UTC. 2. The reference price for OPENAI perps to determine the winners will be taken from the one minute candle open at 12 Nov, 10AM UTC. 3. Winners will receive a DM from @OndoPerps requesting Account IDs. 4. Prizes will be credited to winners’ Ondo Perps accounts in USDC by 20 Nov, 10AM UTC. @OndoPerps on X ↗ |
| 11-04 17:00 | Points | The Referral Boost has ended early, effective 12PM ET today. Thanks to everyone that participated. The campaign drew an overwhelming response and more will be launching soon. @OndoPerps on X ↗ |
| 11-04 14:46 | Listing | “There’s a real demand for the average investor to access companies that are not yet public.” Ondo Perps CEO @wellsda2 on why private markets are coming onchain. Until now, pre-IPO exposure has been: → Gated to high net worth and institutions → Locked to the platform you bought on → Hard to enter and exit positions Ondo Private Markets changes this by bringing private-company exposure onchain, opening it up to eligible investors beyond high net worth and institutions. Each asset is a tokenized note that trades on the Ondo Perps spot order book. The first asset, OpenAI Private Market Note (OPAIPon), is live now on Ondo Perps. More to come soon. @OndoPerps on X ↗ |
| 10-30 13:37 | Fees | Key Details: 1. Fee Tiers will go live on 13 Nov, at 14:00 UTC. 2. Tiers will update daily at 00:00 UTC, based on filled volume over the last 14 days. Tiers can move up or down based on trading volume. 3. One fee tier will apply across Perps and Spot, but each product will have its own fee rates at that tier. 4. Private Markets volume will count toward the fee tier, but Private Markets trades will retain separate fees. 5. The current fee promo ends when Fee Tiers are live. @OndoPerps on X ↗ |
| 10-30 13:37 | Fees | Fee Tiers are coming to Ondo Perps: 13 Nov. The more you trade, the lower your fees will be. Trading fees will scale automatically based on your 14-day trading volume from your main account and subaccounts. From now to 12 Nov 23:59 UTC, every trade you make on Perps, Spot or Private Markets will count toward your Fee Tier at launch. You can now track your trading volume and preview the upcoming Fee Tiers under ‘Fee Schedule’ on your Portfolio page. Check the Fee Tiers ↓ @OndoPerps on X ↗ |
| 10-29 17:25 | Listing | new market IBM-USD.P ($IBM) seen by our collector |
Volume
$565.6M↗ 59.8%90D
Open interest
$91.7M↗ 35.0%90D
Table, every 3rd day
| Day | Volume | Open interest | Share of DEX volume |
|---|---|---|---|
| Nov 4, 2026 | $565.6M | $91.7M | 1.5% |
| Nov 1, 2026 | $48.9M | $106.1M | 0.5% |
| Oct 29, 2026 | $353.0M | $109.1M | 0.9% |
| Oct 26, 2026 | $289.0M | $113.8M | 1.3% |
| Oct 23, 2026 | $316.4M | $106.8M | 1.6% |
| Oct 20, 2026 | $386.8M | $109.0M | 1.6% |
| Oct 17, 2026 | $81.3M | $99.0M | 0.8% |
| Oct 14, 2026 | $270.5M | $90.2M | 1.0% |
| Oct 11, 2026 | $36.2M | $93.7M | 0.3% |
| Oct 8, 2026 | $276.9M | $93.6M | 0.9% |
| Oct 5, 2026 | $183.9M | $89.6M | 0.8% |
| Oct 2, 2026 | $156.3M | $89.9M | 0.5% |
| Sep 29, 2026 | $122.1M | $88.8M | 0.5% |
| Sep 26, 2026 | $24.9M | $88.7M | 0.2% |
| Sep 23, 2026 | $136.5M | $89.1M | 0.4% |
| Sep 20, 2026 | $44.6M | $90.9M | 0.3% |
| Sep 17, 2026 | $132.6M | $86.6M | — |
| Sep 14, 2026 | $142.1M | $86.0M | — |
| Sep 11, 2026 | $146.0M | $87.9M | — |
| Sep 8, 2026 | $162.8M | $84.9M | — |
| Sep 5, 2026 | $36.0M | $83.8M | — |
| Sep 2, 2026 | $124.7M | $92.3M | — |
| Aug 30, 2026 | $126.0M | $97.3M | — |
| Aug 27, 2026 | $139.9M | $97.4M | — |
| Aug 24, 2026 | $148.3M | $100.0M | — |
| Aug 21, 2026 | $204.1M | $101.6M | — |
| Aug 18, 2026 | $203.9M | $95.2M | — |
| Aug 15, 2026 | $84.4M | $95.6M | — |
| Aug 12, 2026 | $241.9M | $86.5M | — |
| Aug 9, 2026 | $90.3M | $68.9M | — |
Volume by asset class
daily, last 90 daysTable, every 3rd day
| Day | Crypto | Stocks | Commodities | Indices | Pre-IPO | Other RWA | Total |
|---|---|---|---|---|---|---|---|
| Nov 4, 2026 | $57.8M | $274.9M | $144.9M | $78.2M | $13.3M | $131K | $569.2M |
| Nov 1, 2026 | $11.7M | $5.2M | $8.9M | $4.8M | $10.4M | $1K | $41.0M |
| Oct 29, 2026 | $38.8M | $168.1M | $92.9M | $49.4M | $3.9M | $4K | $353.0M |
| Oct 26, 2026 | $21.8M | $111.6M | $104.9M | $49.5M | $273K | $316K | $288.4M |
| Oct 23, 2026 | $29.1M | $88.5M | $141.1M | $62.3M | $212K | $46K | $321.2M |
| Oct 20, 2026 | $37.7M | $161.2M | $117.6M | $69.6M | — | $2K | $386.0M |
| Oct 17, 2026 | $32.0M | $38.1M | $9.2M | $5.0M | — | $156K | $84.5M |
| Oct 14, 2026 | $24.1M | $113.0M | $81.0M | $41.9M | — | $3K | $260.0M |
| Oct 11, 2026 | $16.9M | $4.9M | $8.8M | $2.0M | — | $182K | $32.8M |
| Oct 8, 2026 | $96.8M | $80.5M | $66.7M | $34.7M | — | $18K | $278.8M |
| Oct 5, 2026 | $33.0M | $62.8M | $64.0M | $22.1M | — | $7K | $181.9M |
| Oct 2, 2026 | $25.6M | $56.0M | $51.1M | $22.1M | — | $6K | $154.8M |
| Sep 29, 2026 | $16.6M | $29.8M | $54.5M | $21.3M | — | $19K | $122.2M |
| Sep 26, 2026 | $10.3M | $5.7M | $7.4M | $1.5M | — | $3K | $25.0M |
| Sep 23, 2026 | $20.9M | $35.3M | $61.8M | $19.3M | — | $5K | $137.3M |
| Sep 20, 2026 | $15.2M | $7.8M | $14.6M | $4.8M | — | $10K | $42.4M |
| Sep 17, 2026 | $17.7M | $38.4M | $62.2M | $15.5M | — | — | $133.7M |
| Sep 14, 2026 | $24.1M | $40.3M | $72.1M | $6.4M | — | — | $142.9M |
| Sep 11, 2026 | $25.8M | $48.2M | $61.0M | $11.7M | — | — | $146.8M |
| Sep 8, 2026 | $17.8M | $62.4M | $63.7M | $20.1M | — | — | $164.0M |
| Sep 5, 2026 | $11.1M | $9.6M | $13.2M | $2.2M | — | — | $36.1M |
| Sep 2, 2026 | $12.7M | $36.9M | $64.3M | $11.3M | — | — | $125.2M |
| Aug 30, 2026 | $12.6M | $76.3M | $20.1M | $17.0M | — | — | $126.0M |
| Aug 27, 2026 | $21.3M | $57.8M | $49.0M | $12.2M | — | — | $140.3M |
| Aug 24, 2026 | $27.5M | $45.0M | $68.5M | $8.9M | — | — | $150.0M |
| Aug 21, 2026 | $55.6M | $53.5M | $77.6M | $17.9M | — | — | $204.6M |
| Aug 18, 2026 | $23.0M | $83.1M | $77.8M | $20.2M | — | — | $204.1M |
| Aug 15, 2026 | $8.9M | $5.4M | $15.5M | $54.6M | — | — | $84.4M |
| Aug 12, 2026 | $18.4M | $60.7M | $86.5M | $76.4M | — | — | $242.0M |
| Aug 9, 2026 | $11.0M | $23.4M | $51.8M | $4.1M | — | — | $90.4M |