Ondo Finance will launch Ondo Perps for non-U.S. users on June 9, 2026, enabling leveraged perpetual futures trading on tokenized U.S. equities. The platform will allow non-U.S. users to trade tokenized stocks with up to 20x leverage. ONDO's price dropped 12.48% in 24 hours to near $0.3688, accompanied by a 17.03% decline in Open Interest to $160.33 million. This indicates traders are closing leveraged positions amid broader market uncertainty. However, earlier in the week, anticipation for a leveraged tokenized stock platform fueled a rally against a falling market.