Ondo Launches High-Speed Execution Layer for Open Financial Markets
Ondo Finance has launched its Ondo Network, a high-speed execution layer designed to bring faster private trading to open financial markets. The system separates execution, validation, and settlement while supporting tokenized assets, stablecoin settlement, and future market applications worldwide.
The network uses secure hardware enclaves for private and high-speed execution. Decentralized attestors verify approved code, while blockchains handle asset transfer settlement. Ondo Perps is the first application built on Ondo Network and supports 24-hour trading in stock and commodity perpetual contracts with tokenized real-world assets allowed as collateral.
Ondo's CEO Ian De Bode described the network as 'a new type of architecture' that supports privacy, high-speed execution, self-custody, verifiable fairness, and permissionless access. Asset transfers currently settle on Ethereum, with more public blockchains planned for future versions.