Transaction fees for these spot assets are waived for 30 days. By consolidating these functions, the platform allows traders to manage both legs of a basis trade without utilizing separate venues to hold assets and open shorts.
Wednesday, October 21, 2026
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Crypto22 days ago
Users can now secure derivative short positions with equity-linked tokens on the Ondo Perps platform. The system enables spot trading for 12 tokenized stocks and ETFs that act as collateral for short perpetual positions, allowing traders to execute the basis trade—the practice of buying a spot asset and shorting a related derivative—within a single interface.

Transaction fees for these spot assets are waived for 30 days. By consolidating these functions, the platform allows traders to manage both legs of a basis trade without utilizing separate venues to hold assets and open shorts.
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State Street SPDR S&P 500 ETF Trust
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