Ondo Perps Points Guide: 5M pt Weekly Drop, Still Time to Join
The Ondo Points campaign on Ondo Perps is currently ongoing. Points accrue based on trading volume and open positions, and no end date has been announced. Point calculation retroactively started from June, so anyone already trading should check their status now.
Event Overview
| Item | Details |
|---|---|
| Duration | Start date unannounced (calculation retroactive from June) 〜 End date unannounced |
| Eligibility | All users trading on Ondo Perps |
| Entry Cost | Trading capital, gas fees, time |
| Expected Return | Ondo Points (token conversion terms unconfirmed) |
| Difficulty | Low〜Medium |
Ondo Perps is a platform for perpetual trading (futures contracts with no expiry date). For more details on supported assets and mechanics, see Ondo Perps project details here. The points system runs on top of this platform.
Event Details
- Open an account and start trading: Create an account on Ondo Perps and begin trading. Takes about 5〜10 minutes.
- Maintain trading volume and positions: Holding positions longer or trading more accumulates more points.
- Check weekly distribution: A total of 5 million points is distributed weekly based on trading volume and open positions.
Tier structure, per-user caps, and the exact calculation formula are unannounced. Checking the official dashboard is currently the only way to verify your status.
Strategy and Precautions
If you are short on time, the minimal route is to keep a small position open continuously.
- Minimal route: Maintain a small open position at all times to avoid losing points
- Cost-effectiveness: Since token conversion terms are unconfirmed, avoid putting in funds you need for daily life
- Sybil risk: Spreading trades across multiple accounts carries detection risk and should be avoided
- Practical caution: Perpetual trading carries liquidation risk, so set leverage carefully
When I kept a small position open for several days, my point growth was slow and steady. It does not seem designed for quick short-term gains.
When to skip it: If you have no experience with perpetual trading or are unwilling to take on liquidation risk, it is wise to sit this one out.
FAQ
Q. Is it still possible to join now? A. Since no end date has been announced, joining now is still possible, but watch for future announcements.
Q. How much capital do I need? A. No official minimum has been announced. Starting with a small amount is safest.
Q. How can I check if I qualify? A. You can check your points balance via the official Ondo Perps dashboard.
Conclusion
Start by checking your points balance on the official Ondo Perps dashboard.
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