XRP Traders Can Now Go Long or Short With Leverage on Ondo Perps

XRP Gets the Perps Treatment

Ondo Finance's perpetuals platform, OndoPerps, has officially added XRP to its lineup. Traders can now open leveraged long or short positions on Ripple's token directly through the platform, with leverage available on both sides of the trade.

Ondo built its name on tokenized real-world assets, so watching it expand into perpetual futures shows how much the platform's ambitions have grown. Perpetuals are one of the most popular ways to trade crypto without ever touching the underlying token, and adding a major asset like XRP is a clear bid to pull in more active traders.

Why It Matters

Given how loyal the XRP community is, it's a bit surprising it took this long for a leveraged XRP perps product to land on Ondo. Now that it has, expect more attention on how deep the liquidity gets and whether other large-cap tokens follow XRP onto the platform soon.