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Crypto DeFi

Ondo Perps CEO Sees ‘Huge Opportunity’ in US Perpetuals Market

Ondo Perps CEO David Wells said the US perpetual futures market presents a huge opportunity and that exploring it makes sense for Ondo, though he did not confirm whether the company will launch a perpetuals product in the United States. A US-facing perpetuals product could differ from what Ondo offers outside the country, he said.

Original source

AI take

The significance is less about Ondo specifically than about a US-regulated venue openly weighing perpetuals, a product that has largely been pushed offshore. That framing matters for platforms already serving US users under tighter rules, since a domestically tailored contract could reset what compliance-viable leverage looks like. Wells stopped short of a launch, so the real signal is intent, not a product. Whether Ondo moves from exploring to filing — and how it would ring-fence US terms from its offshore offering — is the open question.

Generated by AI for reference only.

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