ONDO PERP on Swapmos with up to 10x

Ondo brings short duration US treasury exposure onchain, and ONDO is the governance token traders use to express a view on that whole tokenised asset theme. Interest rate policy, institutional partnerships and regulatory clarity on tokenised securities are the live inputs. Positions are margined in USDC, the contract has no expiry, and funding is exchanged between longs and shorts.

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Contract specification

Asset class
Crypto
Max leverage
10x
Minimum order
10 USDC
Price tick
0.0001
Size tick
1
Funding interval
every 4 hours

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Leverage works in both directions. At 100x, a 1% move against a position takes out all of the margin behind it.