Ondo Finance launched the Ondo Network, a hybrid execution layer evolving from its planned Ondo Chain, now powering perpetual futures with

CEO Ian De Bode said the Ondo Network is the "evolution" of the company's earlier Ondo Chain initiative and now underpins Ondo Perps.

Ondo launches a private execution network designed to deliver near CEX speed, blockchain settlement, verifiability, and noncustodial asset control.