The growth reflects a shift toward onchain access for U.S. capital markets, with Ondo Stocks processing $27 billion in cumulative trading volume since September 2025. This turnover, roughly 26 times the platform's current total value locked, points to consistent secondary liquidity across centralized and decentralized venues. The platform currently offers over 440 assets, each backed by stocks or ETFs held with licensed U.S. custodial broker-dealers.

Activity has also intensified within the ecosystem's newer offerings. The perpetual futures venue, Ondo Perps, cleared $8 billion in cumulative volume since its July launch, with daily activity showing a steady climb rather than a post-launch decline. Simultaneously, the Ondo U.S. Dollar Yield (USDY) note reached $2.15 billion in total asset value. Distributed across twelve networks, including Ethereum, Stellar, and Solana, the product has more than doubled its total value since the beginning of 2026. This expansion is supported by tier-one exchange distribution, with $18 billion in Ondo Stocks assets traded across platforms like Binance and Gate.