Ondo Finance launches Ondo Network execution layer for real-world asset tokenization
Ondo Finance has launched the Ondo Network, a new execution layer designed to combine centralized exchange-like speed with non-custodial trading and onchain settlement. Serving as the evolution of Ondo Chain, the network separates execution from settlement to resolve trading bottlenecks. Ondo Perps is the first application built on the network, offering perpetual futures. The ONDO token's role remains unchanged as the governance and ecosystem token.
Ondo Network launch
▪Ondo Network is a general-purpose network designed to support spot markets, lending, structured products, and non-financial applications requiring fast, private, and verifiable execution.
▪Ondo Finance launched the Ondo Network, a new execution layer combining centralized exchange-like speed with non-custodial trading and onchain settlement.
Execution-layer architecture shift
▪Under Ondo Network's architecture, a decentralized network of attestors determines which code secure hardware enclaves run to verify that approved code is executed.
▪Asset transfers on the Ondo Network currently settle on Ethereum, with plans to support additional public blockchains and commit settled states to public blockchains over time.
▪Ondo Network separates execution from settlement and verification while keeping users in control of their assets to enable default privacy and high execution speed.
Ondo Chain evolution
▪Ondo Finance shifted focus from building a full blockchain through Ondo Chain after concluding that execution, rather than settlement, was the main bottleneck for real-world assets.
▪Ondo Network is the evolution and implementation of Ondo Chain, and Ondo Finance will not run Ondo Network and Ondo Chain in parallel.
Ondo Perps application
▪Ondo Finance identified execution as the primary bottleneck for bringing real-world assets onchain while developing the Ondo Perps exchange.
▪Ondo Perps is the first application built on Ondo Network, offering 24/7 perpetual futures tied to equities and commodities with tokenized real-world assets as collateral.
ONDO token role
▪The ONDO token is trading at approximately $0.40 with a market capitalization of nearly $2 billion as of July 27, 2026.
▪The launch of Ondo Network does not change the role of the ONDO token, which remains the governance and ecosystem token for Ondo Finance's real-world asset and markets infrastructure.
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