Ondo Network Unchains Itself: Execution Layer Goes Live, Perps Lead the Parade 🚀

Ondo Finance has launched Ondo Network, a high-speed execution layer designed to bring faster private trading to open financial markets, according to a ChainCatcher report cited by the company. The system separates execution, validation and settlement, supporting Ondo Perps, tokenized assets, stablecoin settlement and future market applications worldwide. The network uses secure hardware enclaves for private and high-speed execution, with decentralized attestors verifying approved code while blockchains handle asset transfer settlement.

Ondo Network represents an evolution of the earlier Ondo Chain plan, CEO Ian De Bode said, noting that the company will not operate both networks at the same time. Ondo shifted its approach after building Ondo Perps and consulting users about current infrastructure limits, identifying trade execution, rather than asset settlement, as the main bottleneck. The company announced the development through its official X account.

Ondo Perps is the first application built on the new network, offering 24-hour stock and commodity perpetuals with tokenized RWA collateral support. Separately, Oasis Pro authorizations have expanded U.S. investor access to equities, ETFs, funds and IPO securities markets through the ecosystem.