As of April 20, 2025, the ONDO/USDT perpetual futures market is active across several major cryptocurrency exchanges. Here's an overview of the current trading environment:
Market Overview:
Current Price: $0.8564
24h High: $0.8603
24h Low: $0.8361
24h Change: +0.0117
Exchange Listings & Leverage Options:
Binance: Offers U-margined perpetual contracts with up to 50x leverage.
KuCoin: Provides USDT-margined perpetual contracts with leverage ranging from 1x to 30x.
BitMEX: Features linear perpetual swaps margined in USDT, supporting up to 10x leverage.
OKX: Lists ONDO on its perpetual futures market, enabling margin trading with up to 50x leverage.
MEXC: Offers USDT-margined perpetual futures with adjustable leverage between 1x and 20x.
Bitrue: Provides USDT-based perpetual futures with a maximum leverage of 50x.
BingX: Supports both standard and perpetual futures for ONDO/USDT, with leverage details available on their platform.
Trading Insights: Technical analyses suggest that ONDO has been following a clear Elliott Wave impulse structure. After completing the 5th wave of the impulse move, the market has entered a corrective phase. The A and B waves have already played out, and the C wave is anticipated to head toward a key support area around $0.8112. This support level aligns with an ascending trendline, adding technical confluence to the potential for a bullish reversal.
