Ondo FinanceONDO

Notional trading volume is defined as the total value of derivative contracts executed on Ondo Perps. This metric is utilized to evaluate the trading activity and liquidity of the platform, which is correlated with the ability of the project to generate fees and revenue. Because Ondo Perps is structured as an off-chain central limit order book (CLOB) without an on-chain settlement layer, transaction data is captured from off-chain sources. The total volume is aggregated across all listed perpetual markets to represent the platform's overall transactional throughput.Learn more