Ondo Launches New Execution Network to Power Perps

Ondo Finance has officially introduced the Ondo Network, marking a shift from its previous Ondo Chain project. According to CEO Ian De Bode, this new network serves as the core foundation for the company's platform, specifically supporting Ondo Perps.

The transition signals a strategic move to improve how the company handles trade execution and platform operations. By moving to this updated infrastructure, the team aims to offer a more stable experience for users interacting with their perpetual trading tools.

Market observers are now watching how this change impacts trade volume and user participation on the platform. With the new network active, the focus remains on whether these technical updates will attract more liquidity to the Ondo ecosystem in the coming months.