Markets
Ondo Finance (ONDO) Perpetuals Favored as TD Cowen Finds 99.9% of Figure Volume on Nasdaq
COINOTAG·September 22, 2026·1 min read
TD Cowen found that 99.9% of Figure's trading occurs on Nasdaq, and analysts favor stock perpetuals as the stronger demand story, boosting Ondo Finance's (ONDO) path in the perpetuals market. The research highlights a shift toward equity-based derivatives over crypto-native products.
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