Drift Protocol has partnered with Ondo Finance to integrate Rehypothecated Warehouse Assets (RWAs) into Solana DeFi.
As a result, holders of USDY on Solana will be able to use it as margin for trading perpetuals on Drift Protocol and lend/borrow on the platform, creating a new level of capital efficiency.
This partnership aims to bring more assets on-chain and increase their utility.
