Key Takeaways:
- Ondo Finance has launched the Ondo Network, a new execution layer designed for open financial markets.
- It is a network that is both centralized and fast, as well as blockchain-like with verification and non-custodial infrastructure.
- Ondo Perps is the first use case on the network and more are planned in crypto finance.
Ondo Finance has officially unveiled the Ondo Network, marking a major evolution of its infrastructure strategy and expanding its original vision for Ondo Chain. The new network is already live and powers Ondo Perps, a perpetual futures platform launched earlier this month.
Introducing the Ondo Network, the execution layer for open financial markets, and the evolution of our vision for Ondo Chain.
Fast and private like a CEX. Verifiable like a blockchain. Non-custodial in design.
How it works:
→ Enclaves for private, high-speed execution
→… pic.twitter.com/EQZkX2OWF3— Ondo Finance (@Ondo) July 27, 2026
Ondo Shifts Focus from Traditional Chains to Execution Infrastructure
Instead of creating a new traditional blockchain, Ondo decided to address the greatest constraint in the modern cryptocurrency markets: execution.
The company states financial applications have most typically been saddled with a difficult harmony of pace, privacy, transparency, and decentralization. Public blockchain-based exchanges are fast but lack privacy and trusted execution, while centralized exchanges boast lower latency and trusted execution with high reliance on the users’ confidence.
The Ondo Network’s objective is to achieve the kind of separation of execution, verification and settlement that the industry has not yet seen. This way, applications run transactions much faster without compromising budget and cryptographic assurances and users’ asset control.
Read More: Ondo Brings $1.67B Tokenized Securities Boom to the U.S. With Full Onchain Voting Rights
How the Ondo Network Works
Secure Hardware Enclaves (Trusted Execution Environments) are the basis of the system, which execute applications in isolation at the fast near-centralized exchange speeds.
Instead of all network participants verifying and copying all transactions, the network has a distributed set of attestors verifying that only code they approve of is running. These attestors also perform the important security tasks and confirm interactions on the public blockchains.
Built for Speed, Privacy, and Verification
Ondo says that certain technicalities are different for execution and settlement. It is important for trading platforms to be low latency and confidential, and settlement layers to be durable and verifiable.
The network has been built to function with high performance in secure enclaves and no settlement on public networks, to maintain non-custodial ownership. The system also creates signed execution records to be independently reviewed by users and auditors to validate transactions without exposing sensitive trading information.
Read More: Franklin Templeton Teams With Ondo To Launch 24/7 Tokenized ETFs
Ondo Perps Launches as the First Application
Ondo Perps is the Ondo Network’s first product and is a perpetual futures trading platform that aims to offer professional-grade performance without compromising on on-chain principles.
Ondo stressed the network is no longer used exclusively for derivatives trading. It will provide infrastructure for a variety of crypto-native financial products such as spot trading venues, lending protocols, structured products and tokenized asset markets.
Further, this company stated its plans to become more distributed, or decentralized, over time with expanded attestor participation, further onchain settlement capabilities, proof-of-stake security mechanisms, and more cryptographic proofs.
The launch marks a departure for Ondo from targeting blockchains as the top product. Instead, the company is focusing on essential functionality that is essential to today’s financial markets: speed, privacy, verifiability, composability and user-controlled assets.
