📰 Ondo Unveils New Network for Faster, Self-Custodied Onchain Trading
🗓️ Jul 28 2026 09:12 UTC - José Oramas
Ondo Finance launched the Ondo Network, an execution layer that runs trades inside hardware enclaves, and scrapped the Layer 1 blockchain it announced in 2025.
➤ Ondo Finance has launched the Ondo Network, an execution layer utilizing hardware enclaves for fast and verifiable onchain trading, replacing its previously announced Layer 1 blockchain.
➤ The network aims to provide CEX-like speed and privacy while maintaining blockchain verifiability and a non-custodial design, with Ondo Perps as its initial application.
➤ Asset transfers are settled on a public blockchain, reportedly Ethereum, with future plans for on-chain state commitment and potential expansion to other blockchains.
#ondonetwork #hardwareenclaves #onchaintrading #executionlayer #verifiable #noncustodial #perpetualfutures #ethereum #attestors #statetransitions
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Ondo Unveils New Network for Faster, Self-Custodied Onchain Trading
Ondo Finance launched the Ondo Network, an execution layer that runs trades inside hardware enclaves, and scrapped the Layer 1 blockchain it announ...















