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N BubbleBing_666
Nono_小鱼饼饼
@BubbleBing_666

Ondo Perps 真正有意思的地方,不是又做了一个能交易美股和黄金的永续平台。 而是 @OndoPerps 开始把自己之前做的代币化资产,接进衍生品的保证金和做市体系里。 传统股票 Perp 有一个很现实的问题。 做市商在链上提供报价,需要先存一笔稳定币作为保证金;为了对冲风险,还要去传统券商买入对应股票。 同一笔仓位,资金要被拆在两个账户里,资本效率并不高。 Ondo 的思路,是让代币化股票既能作为现货对冲工具,也能继续充当 Perp 的抵押品。 比如做市商卖出一张股票多头合约,可以买入对应的代币化股票对冲,再把这部分股票放进保证金账户,而不是额外压一笔稳定币。 这件事听起来不性感,但对交易深度很重要。 因为做市商愿不愿意长期留在一个市场,看的不是叙事,而是资金占用、对冲成本和极端行情下的风险。 当然,目前这套结构也不是完全对称的。 买入代币化股票对冲相对容易,但想在链上做空股票现货,仍然依赖借贷市场和可借资产深度。也就是说,它对部分方向的流动性改善会更明显,另一边还需要基础设施继续补。 所以 Ondo Perps 的意义,不只是给 RWA 加了杠杆。 它更像是在把发行、现货、抵押品和衍生品慢慢连成一个账户体系。 这套结构最后能不能成立,不看宣传,也不只看一天的成交量。 看的是报价能不能更紧、滑点能不能更低,以及市场剧烈波动时,做市资金会不会第一时间撤走。

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$300,000,000 in 24 hours. Ondo Perps has surpassed $300M in 24-hour volume and is approaching $70M in open interest. Less than 1 month after launch, Ondo Perps has become one of the top RWA perp platforms. https://x.com/OndoPerps/status/2083140843116933187/photo/1

· 4.4K Views

36 Likes
replies reposts likes
51 replies collected of 76 X reports
Skiff cc @Skiffccc ·

@BubbleBing_666 @OndoPerps This trading volume is incredible.

original · zh

@BubbleBing_666 @OndoPerps 这交易量太顶了

HH @HHisnothing ·

@BubbleBing_666 @OndoPerps For RWA to truly penetrate the trading infrastructure, capital efficiency is key.

original · zh

@BubbleBing_666 @OndoPerps RWA真正进入交易基础设施,资本效率才是关键

@BubbleBing_666 @OndoPerps This trading volume is incredible.

original · zh

@BubbleBing_666 @OndoPerps 这交易量太猛了

阿军 蓝鸟会 | @LuoKemin94871 ·

@BubbleBing_666 @OndoPerps Ondo Perps is interesting and worth trying.

original · zh

@BubbleBing_666 @OndoPerps Ondo Perps 有意思,值得体验

帅帅🐂🀄️ @ssovoovo · 30K

@BubbleBing_666 @OndoPerps This trading volume is incredible.

original · zh

@BubbleBing_666 @OndoPerps 这交易量太顶了

1
pandaWL @dajingou1 · 101K

@BubbleBing_666 @OndoPerps This trading volume is quite impressive, so much.

original · zh

@BubbleBing_666 @OndoPerps 这交易量挺强大的,这么多。

Flora_花花 @zhuahua1 · 24K

@BubbleBing_666 @OndoPerps This trading volume is enormous.

original · zh

@BubbleBing_666 @OndoPerps 这交易量太大了

小孩💢 @caicai1953 · 19K

@BubbleBing_666 @OndoPerps That's exactly right, thank you for sharing.

original · zh

@BubbleBing_666 @OndoPerps 确实是这样,谢谢老师分享

1
Crypto 阿飞 @BTCAFei · 43K

@BubbleBing_666 @OndoPerps This idea is quite interesting.

original · zh

@BubbleBing_666 @OndoPerps 这思路挺有意思的哈

我再吃一小口 @wzcyxk ·

@BubbleBing_666 @OndoPerps Fund efficiency is maxed out.

original · zh

@BubbleBing_666 @OndoPerps 资金效率直接拉满

澳门驹哥 @0x_Info ·

@BubbleBing_666 @OndoPerps Ondo's idea of ​​tokenizing stocks as both a hedge and a margin is quite clever; it's essentially bridging the gap between spot trading and derivatives.

original · zh

@BubbleBing_666 @OndoPerps Ondo把代币化股票既能对冲又能当保证金这思路挺聪明,等于把现货和衍生品慢慢打通了

DJ @zw2867759575009 · 10K

@BubbleBing_666 @OndoPerps Ondo is awesome!

original · zh

@BubbleBing_666 @OndoPerps Ondo 厉害啊

HiSeven|🕊️ @hisevenih · 18K

@BubbleBing_666 @OndoPerps Integrating RWA into derivatives margin trading is indeed a much more interesting move than simply listing it on US stock contracts.

original · zh

@BubbleBing_666 @OndoPerps 把RWA接进衍生品保证金,这步棋确实比单纯上美股合约有意思多了

Vesper @Vesper2536 ·

@BubbleBing_666 @OndoPerps Embedding hedging into margin does indeed save more capital.

original · zh

@BubbleBing_666 @OndoPerps 这样把对冲嵌进保证金里确实更省资金呀

@BubbleBing_666 @OndoPerps Ondo Perps is indeed different from previous Perps projects.

original · zh

@BubbleBing_666 @OndoPerps Ondo Perps 确实跟以往的perps项目不同

sanhe @3heeeeee ·

@BubbleBing_666 @OndoPerps Putting tokenized shares into both hedging and collateralized accounts simultaneously is a ruthless move; the funds no longer need to be split between the two sides. The short side's reliance on lending depth is a real hidden problem.

original · zh

@BubbleBing_666 @OndoPerps 把代币化股票同时塞进对冲和抵押账户这招挺狠,资金不用拆两边了。空头那侧靠借贷深度撑是真隐疾。

king |买美股上币安 @kingzw888 ·

@BubbleBing_666 @OndoPerps True innovation isn't about adding another trading entry point, but about reducing the margin requirement.

original · zh

@BubbleBing_666 @OndoPerps 真正的创新不是多一个交易入口,而是少占一份保证金

CatNarratives老三 @laosanhemao ·

@BubbleBing_666 @OndoPerps Awesome, the teacher is really, really awesome.

original · zh

@BubbleBing_666 @OndoPerps 强,老师真的非常非常的强

苏颖|Nini🐈 @SCY_BTC · 14K

@BubbleBing_666 @OndoPerps This trading volume is interesting.

original · zh

@BubbleBing_666 @OndoPerps 这交易量有点意思

加密旺哥 @TTZTTS · 35K

@BubbleBing_666 @OndoPerps Using stocks as margin is a pretty interesting strategy.

original · zh

@BubbleBing_666 @OndoPerps 把股票当保证金这玩法有点东西

熊三金Cole🔶买美股上币安 @x_sanjin · 20K

@BubbleBing_666 @OndoPerps A transaction volume of 300 million in less than a month after launch, that's quite fast.

original · zh

@BubbleBing_666 @OndoPerps 推出不到一个月就有三亿成交量,速度是挺快的

@BubbleBing_666 @OndoPerps Using tokenized stocks as margin is a much more effective approach than simply increasing trading volume.

original · zh

@BubbleBing_666 @OndoPerps 用代币化股票当保证金,这招比单纯拉成交量实在多了。

0xLuca 🀄️ @a79degen · 20K

@BubbleBing_666 @OndoPerps Volume isn't important; what matters is slippage and hedging efficiency.

original · zh

@BubbleBing_666 @OndoPerps volume不重要,看滑点和对冲效率

哼嗯 @bntaizi · 12K

@BubbleBing_666 @OndoPerps Ondo's strategy isn't fancy, but if it truly saves on margin requirements, market makers will be very realistic.

original · zh

@BubbleBing_666 @OndoPerps Ondo 这玩法不花哨,但真能省保证金的话做市商会很现实

Vibe✨元气桃桃 @Vibe718 · 65K

@BubbleBing_666 @OndoPerps The short sellers also need to look at the lending depth.

original · zh

@BubbleBing_666 @OndoPerps 空头这边还得看借贷深度啊

@BubbleBing_666 @OndoPerps This idea truly opens up a new dimension.

original · zh

@BubbleBing_666 @OndoPerps 这思路确实打开了新维度

中国水泵pump 📈 @ChinaPumpCN · 36K

@BubbleBing_666 @OndoPerps Ondo Perps is indeed different from previous Perps projects.

original · zh

@BubbleBing_666 @OndoPerps Ondo Perps 确实跟以往的perps项目不同

花白区块链 @BNBTC8 · 15K

@BubbleBing_666 @OndoPerps This perspective is indeed interesting.

original · zh

@BubbleBing_666 @OndoPerps 这视角确实有意思

DreamCrypto @DreamCrypto99 · 38K

@BubbleBing_666 @OndoPerps You've hit the nail on the head.

original · ja

@BubbleBing_666 @OndoPerps 你聊到根上了

橙子🍊 @CappSchool · 17K

@BubbleBing_666 @OndoPerps The short position depth still needs to be improved.

original · zh

@BubbleBing_666 @OndoPerps 空头深度还得补一补

Whales China巨鲸 @WhalesChina · 87K

@BubbleBing_666 @OndoPerps This trading volume is quite impressive, so much.

original · zh

@BubbleBing_666 @OndoPerps 这交易量挺强大的,这么多。

Mr.Bai 白先生 @Baisircrypto · 49K

@BubbleBing_666 @OndoPerps Tokenized assets enable the derivatives margin chain

original · zh

@BubbleBing_666 @OndoPerps 代币化资产打通衍生品保证金链路

老猫.Btc @btclaomao6 · 29K

@BubbleBing_666 @OndoPerps The market reaction is very real.

original · zh

@BubbleBing_666 @OndoPerps 市场反应很真实

鱼人#鱼馆 @YuGuan1209 · 47K

@BubbleBing_666 @OndoPerps Very assertive

original · zh

@BubbleBing_666 @OndoPerps 很强势

furan #买美股上WEEX @furan86999 · 43K

@BubbleBing_666 @OndoPerps Ondo's move is indeed interesting. Integrating RWA into the derivatives margin system is equivalent to adding a layer of real asset backing to on-chain transactions, which is much better than simply adding trading pairs.

original · zh

@BubbleBing_666 @OndoPerps Ondo 这步棋确实有意思,把 RWA 接进衍生品保证金体系,等于给链上交易加了层真实资产背书,比单纯堆交易对强多了

DUBAI | Web3 @DuBai199999 ·

@BubbleBing_666 @OndoPerps Shorting depth is still the bottleneck though.

Lina 🦅 @XNXX_EN · 167K

@BubbleBing_666 @OndoPerps This collateral logic truly creates a closed loop of efficient funding for RWA, which is far more appealing than simply inflating trading volume.

original · zh

@BubbleBing_666 @OndoPerps 真正把RWA做成资金效率闭环,这套抵押逻辑比单纯刷成交量性感多了

新巧🌸 @DawnDaltonqos3 ·

@BubbleBing_666 @OndoPerps Those prettier than me aren't as sexy as me 🤣🐧 Those sexier than me aren't as pretty.

original · zh

@BubbleBing_666 @OndoPerps 比我好看的没我骚🤣🐧比我骚的没我好看

忆香🌸 @MelissaWal9mw1 ·

@BubbleBing_666 @OndoPerps I bet nobody plays this game more wildly than me 🐯🌴 I'm not shady, just look!

original · zh

@BubbleBing_666 @OndoPerps 应该没人比我玩的开了吧🐯🌴 我福不黑不信你看

夏安🌸 @NicolaGalsvmpc ·

@BubbleBing_666 @OndoPerps I bet nobody's more adventurous than me 😻🌾 I'm not shady, just look!

original · zh

@BubbleBing_666 @OndoPerps 应该没人比我玩的开了吧😻🌾 我福不黑不信你看

南春🌸 @ElsaChildemanz ·

@BubbleBing_666 @OndoPerps I bet nobody's more adventurous than me! 🥳🥌 My luck isn't bad, you'll see!

original · zh

@BubbleBing_666 @OndoPerps 应该没人比我玩的开了吧🥳🥌 我福不黑不信你看

静竹🌸 @MurielCrontbpn ·

@BubbleBing_666 @OndoPerps I doubt anyone plays this game more wildly than me 🏈🐤 I'm not shady, just look!

original · zh

@BubbleBing_666 @OndoPerps 应该没人比我玩的开了吧🏈🐤 我福不黑不信你看

寻琴🌸 @SandraHolmlncm ·

@BubbleBing_666 @OndoPerps Those prettier than me aren't as sexy as me 😏🪄 Those sexier than me aren't as pretty.

original · zh

@BubbleBing_666 @OndoPerps 比我好看的没我骚😏🪄比我骚的没我好看

Gaming All in @Gamingallin8 · 32K

@BubbleBing_666 @OndoPerps Take your time and look at the long-term in-depth analysis.

original · zh

@BubbleBing_666 @OndoPerps 慢慢来,看长期深度。

Dark-德古拉 @Darkracula · 29K

@BubbleBing_666 @OndoPerps This idea of ​​splitting accounts is indeed worth pondering.

original · zh

@BubbleBing_666 @OndoPerps 这拆账户的思路确实值得琢磨。

MM @Mm3yap · 13K

@BubbleBing_666 @OndoPerps This approach makes good use of funds.

original · zh

@BubbleBing_666 @OndoPerps 这思路把资金用活了。

Black @OnlyPulo · 13K

@BubbleBing_666 @OndoPerps This move is ruthless; it maximizes capital efficiency.

original · zh

@BubbleBing_666 @OndoPerps 这招挺狠,资金效率直接拉满

紫菱🌸 @DanaDickenhequ ·

@BubbleBing_666 @OndoPerps I'm so lewd 🦀🖐️ Anyone want to give me a sharp critique of my luck?

original · zh

@BubbleBing_666 @OndoPerps 我果然太涩了🦀🖐️有人想锐评一下我的福嘛

春翠🌸 @MignonJimmm5nf ·

@BubbleBing_666 @OndoPerps I'm so cheesy 🎀💞 Anyone want to give me a sharp critique of my luck?

original · zh

@BubbleBing_666 @OndoPerps 我果然太涩了🎀💞有人想锐评一下我的福嘛