Ondo Perps Launches Ondo Points Rewards Program, Rewarding Trading and Position-Holding Users

Odaily reports that Ondo Perps has now launched a dual reward mechanism. Traders can earn corresponding reward shares from the USDC reward pool by inviting new users; the trading volume generated from their own trades also counts towards the reward pool. At the same time, each trade will also earn Ondo Points based on trading volume and Open Interest. This means that, effective immediately, every trade or invitation can simultaneously accumulate USDC reward shares and Ondo Points.

The first round of points has been calculated based on user trading activity since June 2 (the platform's initial launch phase), with early participating traders being the first to receive points rewards. Subsequently, the platform will distribute a fixed 5 million Ondo Points weekly on an ongoing basis. Traders can view their points directly in their accounts and continue to accumulate rewards through trading and invitations.