Ondo Perps hits $7 billion in volume weeks after launch

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Skip to navigationSkip to main contentSkip to right columnADVERTISEMENTNeoFri, August 7, 2026 at 11:58 PM GMT+2 2 min readOndo Finance's derivatives platform has raced past $7 billion in cumulative trading volume, according to data from analytics site DefiLlama, a fast climb for a product that only recently opened to the public.DefiLlama's figures put Ondo Perps at about $7.03 billion in cumulative perpetuals volume, with roughly $200 million traded in the past 24 hours and around $69 million in open interest, the total value of positions currently held on the platform.The platform's volume has risen steeply since the spring,