Confirm the campaign is still open and that your location is eligible.
Full dossierAct with limitsPoints programOndo Perps Points: Open for activityChecked August 12, 2026
DeFi
Ondo Perps Points & Airdrop Status
Quick answer: Ondo Perps has a points program, but no token conversion or claim is confirmed as of August 12, 2026. Use only ondo.foundation for the next safe step. Do not treat points, old quests, or community posts as a guaranteed allocation at this time.
Ondo Perps has a real, live points campaign and deserves a strong opportunity score for experienced traders. The official campaign page says trading volume and open interest affect the points share. Points refr…
Official action domain: ondo.foundation
Review evidence receipt
high confidence · 100% coverage
The Ondo Foundation lists the campaign and points factors on its official pages.
- Last researched
- August 12, 2026
- Next deadline
- Not announced
- Primary sources
- 27
- Research state
- Full dossier
Quick facts
What this asks from you
- Recommended action
- Act with limits A strong active campaign for capable traders, but a poor first airdrop for beginners. The live points rules and established product lift the score. Leverage, location limits, and unknown point value cap it.
- Reward evidence
- Points only Ondo Points and stated reward events; no guaranteed token value
- Current campaign
- Ondo Perps Points Open for activity.
- Time
- 15 minutes to start Points refresh weekly while the campaign remains open
- Money
- unknown Fees: Not estimated. Capital: Not stated.
- Risk and evidence
- High risk · high confidence Liquidation, Trading loss
More constraints
- Next deadline
- Not announced No end date announced
- Difficulty
- Advanced Wallet required. KYC: Check Current Access Rules.
- Wallet or account
- Wallet required Network: Supported Ondo Perps wallet and collateral. KYC: Check Current Access Rules.
- Action type
- Leveraged trading and open-interest points Only use the verified domains listed on this page.
- Reward form
- Ondo Points and periodic rewards A reward type does not guarantee value.
- Location
- Available only outside restricted jurisdictions listed in the terms Availability depends on where you live.
Project reality
Why the project matters
- What it does
- Ondo Perps is the perpetual futures venue of Ondo Finance, a tokenized-asset platform whose products back Ondo Perps collateral. The platform trades 24/7 leveraged contracts on tokenized U.S. equities, ETFs, and commodities, with stablecoins or tokenized stocks accepted as margin. Ondo Perps runs on Ondo Network, an off-chain execution layer that settles on public chains, and is built and risk-managed by the Ondo team behind USDY, OUSG, and Ondo Global Markets.
- Who uses or pays
- Who uses and pays for the product still needs verification.
- What is live
- The current live product state is not yet recorded separately from campaign research.
- Where value flows
- The company reported a $4M seed round led by Pantera Capital in August 2021, followed by a $20M Series A co-led by Founders Fund and Pantera Capital in April 2022, with Coinbase Ventures, GoldenTree, Tiger Global, Wintermute, Flow Traders, and Steel Perlot joining [ondo-funding]. Smart contracts have been audited by Spearbit (June 2025), Cyfrin (July 2025), and other firms listed in the Ondo docs [ondo-audits].
- Who controls it
- Upgrade, custody, and governance control still need verification.
- Why users return
- Demand without incentives still needs verification.
People and backing
Team and funding
- Ian De Bode, CEO. President of Ondo since November 2025; named CEO after founder Nathan Allman's passing; previously senior leader at McKinsey's Sustainability practice focusing on capital markets and energy transition
- Nathan Allman, Founder (deceased May 2026). Founded Ondo Finance in 2021; previously head of digital assets at Genesis and Brevan Howard digital; his estate is at the center of an ongoing Delaware Chancery Court control dispute
- Adam Schlisman, CFO. Joining CFO from Monashee Investment Management; previously CFO of Blockchain.com; CFA charterholder; earlier nearly a decade at Graham Capital Management in portfolio management and risk roles
- John Hoffman, Head of Onchain Investment Products. Former Invesco ETF chief; joined Ondo in June 2026
- Peter Curley, Head of Global Regulatory Affairs. Spokesperson on the U.S. CLARITY Act and EU-US Joint Regulatory Forum on tokenization and collateral
Funding: The company reported a $4M seed round led by Pantera Capital in August 2021, followed by a $20M Series A co-led by Founders Fund and Pantera Capital in April 2022, with Coinbase Ventures, GoldenTree, Tiger Global, Wintermute, Flow Traders, and Steel Perlot joining [ondo-funding]. Smart contracts have been audited by Spearbit (June 2025), Cyfrin (July 2025), and other firms listed in the Ondo docs [ondo-audits].
Current campaign
Ondo Perps Points
Open for activityProgram
- Participation starts
- Not announced
- Participation ends
- Not announced
- Snapshot
- Not announced
- Claim opens
- Not announced
- Claim closes
- Not announced
- Reward
- Ondo Points and periodic rewards
Eligible trading activity earns a share of weekly points. Points may be used in periodic reward events but have no guaranteed cash value.
Open verified campaign page: ondo.foundation ↗Preparation
Before you start
- An eligible location under current Ondo terms
- A funded compatible wallet and working knowledge of perpetuals
Action
Task checklist
Read the Ondo Perps campaign and restrictions
Rules and access can change, and points have no guaranteed value.
You are done when: You understand the current point factors and location limits.
Watch for: Do not bypass location controls.
- Official domain
- ondo.foundation
- Action
- Visit
- Expected fee
- $0 stated
- Capital exposed
- $0 stated
- Verified
- August 10, 2026
- Stop when
- Do not bypass location controls.
Open one small position you can afford to lose
Check leverage, liquidation price, fees, and funding before confirming the order.
Volume and open interest are the named point factors.
You are done when: The position screen shows your size, entry, liquidation price, and collateral.
Watch for: The full margin can be lost. Do not trade solely for points.
- Official domain
- ondo.finance
- Action
- Visit
- Expected fee
- Fee not estimated
- Capital exposed
- Capital not stated
- Verified
- August 10, 2026
- Stop when
- The full margin can be lost. Do not trade solely for points.
Review weekly points and net trading cost
The dashboard refreshes points weekly.
You are done when: You have compared point progress with realized fees, funding, and profit or loss.
Watch for: Points do not cancel a trading loss.
- Official domain
- ondo.foundation
- Action
- Visit
- Expected fee
- $0 stated
- Capital exposed
- $0 stated
- Verified
- August 10, 2026
- Stop when
- Points do not cancel a trading loss.
Reward rules
How rewards work
Ondo Points measure campaign activity. The campaign page says higher volume and open interest increase a participant's share. The points dashboard refreshes weekly and describes periodic claim windows for varied rewards. The Rewards Addendum says points are non-transferable and have no monetary value outside the program. No point-to-token rate should be assumed.
Before spending
Cost and risk
A perpetual position can lose more quickly than a spot holding because leverage magnifies price moves. Funding payments, spread, fees, slippage, and liquidation all reduce the result. The reward terms also restrict access by location and ban wash trading, sybil behavior, and manipulation. Never borrow money or use essential funds for this campaign.
Source-backed guidance
How to improve eligibility
- Use modest leverage and only trade a market you understand.
- Let genuine volume and open interest create points instead of generating empty turnover.
- Check the weekly points page and stop if costs exceed the value of normal trading.
Editorial judgment
Airdroplet verdict
A strong active campaign for capable traders, but a poor first airdrop for beginners. The live points rules and established product lift the score. Leverage, location limits, and unknown point value cap it.
Best for: Experienced traders who already want exposure to these perpetual markets
Skip if: You are new to leverage, cannot afford a full collateral loss, or live in a restricted location
- Official active points campaign
- Weekly point updates and reward framework
- Established real-world asset ecosystem
- High financial and location risk
- No guaranteed point value
Re-ranked 2026-08-12: Ondo Perps crossed $1B in weekly volume and Ondo Network launched, but the points campaign mechanics (volume + open interest) and the documented 'no guaranteed point value' terms are unchanged. Major new risks introduced: founder Nathan Allman's unexpected death and the ongoing Delaware Chancery Court control dispute. Score retained at 50/100 (C tier).
Reversible research
Claim ledger
- RewardVerified
Points only. Ondo Points and stated reward events; no guaranteed token value
Sources: ondo-campaigns, ondo-points-dashboard, ondo-reward-terms Recheck when: An official reward, allocation, conversion rule, checker, or closure changes. - DeadlineVerified
No campaign deadline has been verified.
Sources: ondo-campaigns, ondo-points-dashboard, ondo-reward-terms Recheck when: An official campaign source publishes or changes a deadline. - VerdictVerified
A strong active campaign for capable traders, but a poor first airdrop for beginners. The live points rules and established product lift the score. Leverage, location limits, and unknown point value cap it.
Sources: ondo-campaigns, ondo-points-dashboard, ondo-reward-terms Recheck when: New evidence changes the reward state, cost, eligibility, or risk. - ProjectVerified
Ondo Perps is the perpetual futures venue of Ondo Finance, a tokenized-asset platform whose products back Ondo Perps collateral. The platform trades 24/7 leveraged contracts on tokenized U.S. equities, ETFs, and commodities, with stablecoins or tokenized stocks accepted as margin. Ondo Perps runs on Ondo Network, an off-chain execution layer that settles on public chains, and is built and risk-managed by the Ondo team behind USDY, OUSG, and Ondo Global Markets.
Sources: ondo-campaigns, ondo-points-dashboard, ondo-reward-terms Recheck when: The project changes its product, control model, or live status.
Verify before acting
Official links and sources
- Official Ondo websiteondo.financeChecked August 10, 2026
- Ondo Points campaignsondo.foundationChecked August 10, 2026
- Ondo Finance on Xx.comChecked August 12, 2026
- Ondo Perps on Xx.comChecked August 12, 2026
- Rewards Program Addendumondo.foundationChecked August 10, 2026
- Ondo Points campaigns ↗Ondo Foundation · Official CampaignChecked August 10, 2026
- Ondo Points ↗Ondo Foundation · Official AppChecked August 10, 2026
- Rewards Program Addendum ↗Ondo Foundation · Official TermsChecked August 10, 2026
- Introducing Ondo Perps ↗Ondo Finance · Official BlogChecked August 10, 2026
- Ondo Raises $20M in Series A led by Founders Fund and Pantera Capital ↗Ondo Finance · Funding AnnouncementChecked August 12, 2026
- Ondo Finance team — CEO Ian De Bode, founder Nathan Allman (deceased May 2026) ↗Ondo Finance / CoinDesk / Crypto Briefing · Team PageChecked August 12, 2026
- Smart Contract Audits — Ondo Finance Docs ↗Ondo Finance · Audit ReportChecked August 12, 2026
- Ondo (ONDO) ERC-20 — Etherscan token page ↗Etherscan · Token DataChecked August 12, 2026
- Ondo Finance hit by corporate control fight as founder's mother seeks to oust CEO ↗CoinDesk · PressChecked August 12, 2026
- Ondo Finance appoints former Blockchain.com executive Adam Schlisman as CFO ↗CoinDesk · PressChecked August 12, 2026
- Ondo Perps Launches First Equity Perpetuals Platform With Tokenized Stock Collateral ↗Yahoo Finance / PR Newswire · PressChecked August 12, 2026
- Ondo Finance introduces Ondo Network execution layer (with Ondo Perps as first live app) ↗Ondo Finance · Official BlogChecked August 12, 2026
- No weekend premium on Ondo Stocks. While Wall Street was closed, 24/7 Ondo Stocks... ↗@Ondo · Official TweetChecked August 12, 2026
- Tokenization quotes from BlackRock, JPMorgan, BNY, Franklin Templeton, Goldman Sachs ↗@Ondo · Official TweetChecked August 12, 2026
- Ondo Perps averaging $1B+ in weekly volume since Ondo Stocks collateral went live ↗@Ondo · Official TweetChecked August 12, 2026
- 20+ Ondo stocks now mint and redeem 24/7 ↗@Ondo · Official TweetChecked August 12, 2026
- Tokenized gold GLDon and silver SLVon as collateral on Ondo Perps ↗@Ondo · Official TweetChecked August 12, 2026
- Ondo announces Adam Schlisman as CFO ↗@Ondo · Official TweetChecked August 12, 2026
- Forbes quotes Larry Fink on tokenization; USDY among top tokenized Treasury funds ↗@Ondo · Official TweetChecked August 12, 2026
- Ondo Peter Curley on the CLARITY Act status ↗@Ondo · Official TweetChecked August 12, 2026
- 228,000+ holders; tokenization expanding access ↗@Ondo · Official TweetChecked August 12, 2026
- Ondo Network — new execution layer for financial markets ↗@Ondo · Official TweetChecked August 12, 2026
- Ondo Finance holds nearly 10% of tokenized RWA market at $3.61B ↗@CoinliveHQ · Social DiscussionChecked August 12, 2026
- ONDO three-month recap: Allman death, control dispute, Ondo Network/Perps launch ↗@WhaleFactor · Social DiscussionChecked August 12, 2026
- Ondo succession lessons highlighted on DEX in the City ↗@laurashin · Social DiscussionChecked August 12, 2026
- Grvt eyes $100M USDY position in Ondo Finance tie-up ↗The Block · Social DiscussionChecked August 12, 2026
- Is Ondo Finance Safe? Security, Compliance, and Institutional Custody Analysis ↗MEXC Learn · Third Party AnalysisChecked August 12, 2026
Material changes
Updates
- Live X timeline captured from @Ondo (@OndoFinance is now legacy): 40 tweets over 16 days averaging 530 likes / 70 RTs; Ondo Perps crossed $1B in weekly volume and Ondo Network is live as the new execution layer.
Watch for governance updates before allocating more capital; verify the @Ondo handle is the current brand channel.
Sources: ondo-tweet-1772494300, ondo-tweet-7353039533, ondo-tweet-9231635682557, ondo-ondo-control-fight - Ondo appointed Adam Schlisman (ex-Blockchain.com CFO) as Chief Financial Officer, joining from Monashee Investment Management.
No direct user action; signals continuation of finance-team build-out.
Sources: ondo-tweet-5006502922760272, ondo-coindesk-cfo - Ondo Perps averaging $1B+ in weekly volume since Ondo Stocks collateral went live; 21 Ondo Stocks now mint and redeem 24/7.
If actively trading, monitor weekly points and USDC reward pool payouts via the official points dashboard.
Sources: ondo-tweet-7353039533 - Forbes piece quoted Larry Fink on tokenization as 'the next generation for markets' and named USDY among the four products backing ~60% of the tokenized-Treasury category; Peter Curley of Ondo's regulatory affairs framed the CLARITY Act timeline.
Useful context for the institutional tailwind but not a permission to expect price action.
Sources: ondo-tweet-6848255824892143, ondo-tweet-4682110737297735 - Tokenized gold (GLDon) and silver (SLVon) are now usable as collateral on Ondo Perps, expanding the collateral menu beyond equities and stablecoins.
Commodity-collateral interest can also be tracked through the Ondo Perps weekly points program.
Sources: ondo-tweet-5088465717166410 - Ondo Finance holds nearly 10% of the tokenized RWA market at $3.61B in assets, per Coinlive citing rwa.xyz data.
Background signal reinforcing scale; not a campaign event.
Sources: ondo-discuss-coinlivehq, ondo-tweet-5480244396327419 - Coverage of the Delaware Chancery Court control filings (Laura Shin, WhaleFactor) following founder Nathan Allman's May 2026 death; WhaleFactor's thread concludes that execution has continued despite the dispute.
Treat this as a risk factor — watch for material changes in management, partnerships, or financing.
Sources: ondo-ondo-control-fight, ondo-coindesk-cfo, ondo-discuss-whalefactor, ondo-discuss-laurashin - Ondo Perps remains listed in the official points campaign directory.
Check eligibility and trading risk before opening a position.
Sources: ondo-campaigns, ondo-reward-terms
Project background
About Ondo Perps
Ondo Perps is the perpetual futures venue of Ondo Finance, a tokenized-asset platform whose products back Ondo Perps collateral. The platform trades 24/7 leveraged contracts on tokenized U.S. equities, ETFs, and commodities, with stablecoins or tokenized stocks accepted as margin. Ondo Perps runs on Ondo Network, an off-chain execution layer that settles on public chains, and is built and risk-managed by the Ondo team behind USDY, OUSG, and Ondo Global Markets.
Direct answers
Questions
Do Ondo Points guarantee tokens?
No. The terms say points have no monetary value outside the program. They may be used in periodic reward events.
Is Ondo Perps suitable for beginners?
Usually not. Perpetuals use leverage and can liquidate collateral quickly.
What activity earns Ondo Perps points?
The official campaign names trading volume and open interest as the main factors.