Ondo Perps has the clearest live points program in this group for users who already understand perpetual futures. It is not a free airdrop. Earning points requires trading activity, which means using capital and accepting the possibility of liquidation.
The official Ondo Points page says users can earn points from trading on Ondo Perps. It currently lists the reward rate as coming soon, so fixed weekly point totals circulating in third-party guides should not be treated as permanent rules.
Ondo Points status on August 10, 2026
The Ondo Points campaigns page lists an Ondo Perps trading campaign. The Rewards Program Addendum explains that points are non-transferable program units and that snapshots, thresholds, USDC loyalty rewards, and reward events can apply under announced terms.
Points are not ONDO tokens, shares, or a guaranteed right to a future airdrop. The Foundation can change rules, exclude ineligible activity, and apply anti-abuse checks.
What is confirmed:
- Ondo Points can be earned through eligible Ondo Perps trading activity.
- Points balances are tracked offchain and are non-transferable.
- The rewards terms allow snapshots, thresholds, and announced reward events.
- The program bans wash trading, self-dealing, bots, and multi-account abuse.
What is not confirmed:
- A fixed value for each Ondo Point.
- A permanent weekly points emission rate.
- A new token airdrop for every point holder.
- A guaranteed USDC amount for a given level of trading volume.
What is Ondo Perps?
Ondo Perps is a perpetual-futures platform for equity, ETF, commodity, and index exposure. Ondo’s product announcement describes 24/7 markets, leverage up to 20x, and access for eligible users outside the United States, subject to restrictions.
Unlike spot ownership, a perpetual contract tracks an underlying price without an expiry date. Funding payments help keep the contract near that reference price. Leverage allows a trader to control a larger position with less collateral, but it also makes liquidation happen faster.
Ondo’s July 2026 Network announcement says Ondo Perps is live as the first application on the Ondo Network. The product is still new, which makes current terms and live in-app disclosures more useful than screenshots from an earlier waitlist.
How to earn Ondo Points
1. Check jurisdiction and eligibility
Ondo says the product is for eligible global users outside the United States. Open the official Ondo Perps site and read the access notice and terms for your location. Do not bypass a restriction.
2. Connect a separate wallet
Use a wallet that is not your long-term vault. Verify the domain, then review each signature. A points campaign does not need your seed phrase, and support staff should never ask for it.
3. Fund with a small amount you can lose
Deposit only after you understand the supported collateral, network, withdrawal path, and fees. Begin with the minimum position size that lets you test an order and close it without creating a large loss.
4. Learn the contract before using leverage
Check the mark price, liquidation price, funding rate, position size, and maximum loss you are willing to accept. A 20x maximum is not a target. For a beginner, the safest choice may be not to open a perpetual position at all.
5. Trade only when you have a real setup
The campaign page says points come from trading activity, but trading solely to inflate volume can create fees and losses. The rewards terms prohibit wash trading and activity designed to manipulate points. Use one account, avoid self-dealing, and keep a record of your trades.
6. Check the official points dashboard
Point balances can update on a schedule rather than instantly. Use the Foundation’s official points page to review your balance and any current campaign rule. Do not trust a calculator that assumes an unannounced conversion rate.
What can go wrong?
Liquidation
If the market moves far enough against a leveraged position, the platform can close it and take part or all of the posted collateral. Small price moves become large percentage losses at high leverage.
Funding and basis risk
Perpetual prices can diverge from the underlying market. Funding payments, thin liquidity, and market hours for the referenced stock or commodity can affect the trade even when the longer-term direction looks right.
New-platform risk
Ondo Perps launched recently. Smart-contract, oracle, execution, withdrawal, and operational risks remain. A recognizable brand and a points program do not eliminate them.
Reward uncertainty
The value of points depends on future program decisions. You may earn fewer points than expected, miss a snapshot, fail an eligibility check, or receive a reward worth less than the trading cost.
Is Ondo Perps easy farming?
The interface may be straightforward, but the economic task is not easy. Perpetuals are suitable only for users who understand leverage, liquidation, and funding. If you would not place the trade without points, the reward probably does not justify the position.
For an experienced perps trader, the points can be an extra benefit on activity that already fits a plan. For a newcomer, Canopy’s free testnet is the more sensible starting point.
Bottom line
Ondo Points are live and tied to a real product, but their eventual value remains open. Treat the program as a trading incentive rather than a free airdrop. Use low leverage, one legitimate account, and a position size that you can afford to lose.
Official links: Ondo Points campaigns, rewards terms, Ondo Perps announcement, and Ondo Perps.
Ondo Perps points FAQ
Is the Ondo Perps points campaign live?
Yes. The official Ondo Points campaigns page lists eligible Ondo Perps trading as a way to earn points.
Are Ondo Points the ONDO token?
No. They are non-transferable program units tracked offchain, not ONDO tokens, shares or a guaranteed claim on another asset.
Do Ondo Points guarantee an airdrop?
No. The program permits announced rewards and snapshots but does not guarantee a new token airdrop or fixed value for every point.
How do users earn Ondo Points from Perps?
Points come from eligible Ondo Perps trading activity under the current campaign rules. Users should check the official dashboard for live criteria.
Can US users trade Ondo Perps?
Ondo describes the product as available to eligible users outside the United States, subject to additional jurisdictional and account restrictions.
What can be traded on Ondo Perps?
The platform offers perpetual exposure linked to selected equities, ETFs, commodities and indices, with the exact live market list shown in the product.
How much leverage does Ondo Perps offer?
Ondo advertises leverage up to 20x on eligible markets. Maximum leverage is not a target and greatly increases liquidation risk.
Can points make perpetual trading risk-free?
No. Trading fees, funding, slippage, basis moves and liquidation can create losses far larger than any uncertain points reward.
Does Ondo permit wash trading for points?
No. The rewards terms prohibit wash trading, self-dealing, bots and multi-account abuse and allow the Foundation to exclude ineligible activity.
Should a beginner farm Ondo Perps points?
Usually not. A beginner should first understand perpetuals, funding, mark price, liquidation and wallet risk; a reward does not justify an otherwise unsuitable trade.
Risk disclosure: Perpetual futures are leveraged derivatives and can liquidate your collateral. Points have no guaranteed cash or token value. Product availability varies by jurisdiction.
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