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Ondo Perps Expands Trading Options with Tokenized Stocks and ETFs

Guavy AI Editorial Team
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Ondo Perps, a decentralized derivatives trading platform, has expanded its offerings by adding spot trading for 12 tokenized stocks and ETFs. This move allows traders to purchase tokens directly with fiat or cryptocurrencies, and then use them as collateral for short perpetual positions.

For the first 30 days, Ondo Perps is waiving spot trading fees, which could make it easier for new users to get involved in trading these tokenized assets.

The added stocks and ETFs include well-known names from various industries, giving traders a range of options to choose from. However, no specific details were provided on the tokens' prices or any expected market impact.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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