Ondo Launches Points Program For Perps Traders

Weekly Points Now Live for Ondo Perps Users

Ondo Finance has activated its Points program for Ondo Perps, adding a new incentive layer for traders on the platform. Points are earned based on trading volume and open interest, with the first distribution going live on July 23 and covering eligible trading activity dating back to June 2.

A fixed 5 million points will be distributed every week for the duration of the campaign, giving active traders a consistent and predictable rewards target.

The Points program arrives roughly six weeks after Ondo Perps launched on July 7, 2026 as the first perpetual futures platform for equities and commodities to support both tokenized equity holdings and stablecoins as collateral for derivatives positions. The platform covers perpetual futures on leading U.S. equities, ETFs, and commodities, including SPCX, MU, AAPL, NVDA, TSLA, QQQ, gold, and silver, for global investors outside the U.S.

Building on an Existing Rewards Structure

The Points program is the latest addition to a broader incentive stack built around the Ondo Perps product. At launch, Ondo made available up to $3 million in total rewards, starting with $150,000 in USDC pools for the first week of trading activity, alongside a referral program.

Ondo Perps describes itself as the first platform to allow tokenized stocks to be used as collateral for equity perpetuals, giving traders a way to use tokenized real-world assets inside leveraged markets instead of relying only on stablecoins. Rather than parking equities in one venue and stablecoins in another, traders can put their tokenized stocks to work backing leveraged positions.

The market capitalization of stock tokens has tripled since the beginning of the year to approximately $1.96 billion, while Ondo Perps has already surpassed $130 million in 24-hour trading volume. The Points program is designed to sustain engagement as competition in the tokenized asset derivatives space grows.

Sources:
Ondo Perps Launches First Equity Perpetuals Platform, Yahoo Finance
Ondo is Bringing Leveraged Stock Trading On-Chain, TheStreet
Ondo Unveils Perps DEX With Tokenized Stocks as Collateral, Bankless