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Ondo Perps launches tokenized stocks and ETF ETF / spot trading functionality.
Ondo Perps launches tokenized stocks and ETF ETF 24/7 spot trading
PANews September 29 According to PANews, citing Cointelegraph, Ondo Perps launched tokenized stocks and ETF ETF 24/7 spot trading, allowing traders to use their positions as collateral for perpetual contracts and conduct basis trading on the same platform.
Source: https://www.panewslab.com/zh/articles/01a0eae4-b411-7030-a206-f1949b0ede88
PANews reported that Ondo Perps launched tokenized stocks and ETF ETF 24/7 spot trading.
Traders can use their positions as collateral for perpetual contracts.
Users can conduct basis trading on the same platform.
PANews stated that the news was reported by Cointelegraph.
The following is analysis, separate from reported facts. Verify important claims independently.
This means that the relevant tokenized stocks and ETF ETF can be traded on the spot market around the clock; positions can also be used as collateral for perpetual contracts, with basis trading conducted on the same platform.
The news concerns the combination of spot trading, perpetual contract collateral, and basis trading on the same platform.
Beginners can first understand it as follows: the same platform provides spot trading for tokenized stocks and ETF ETF, and allows these positions to be used for perpetual contract trading.
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This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →An exchange-traded fund (ETF) is a fund product that can be traded on the market like a stock.
View glossary →A trading method in which one asset is directly exchanged for another at current market prices.
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View glossary →This term is not in the glossary yet. Browse related concepts in the glossary.
View glossary →An asset provided by a counterparty to guard against potential losses, which may be liquidated in the event of default to compensate the lender for its loss.
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