Ondo Perps just added a $25K Open Interest pool. Total weekly rewards are now $250K USDC Until now, most traders were focused on two things: trading volume or providing liquidity This week, there’s a third way to qualify — keeping eligible perp positions open Here’s how the $250K weekly pool breaks down: ➥ $112.5K Liquidity Pool Place resting orders within 25 bps of mid price on eligible markets 85% goes to liquidity within 0–5 bps 10% goes to 6–10 bps 5% goes to 11–25 bps ➥ $112.5K Volume Pool Trade any supported perp market. Both maker and taker volume count ➥ $25K Open Interest Pool Rewards traders holding open positions across all perp markets on the platform One detail worth noting: the OI pool covers all perp markets, while the Liquidity Pool is limited to eligible markets, including NVDA, TSLA, SPCX, US 500, Gold, BTC and ETH 🗓️ Reward period: Nov 3, 00:00 UTC – Nov 9, 23:59 UTC 💵 USDC rewards are paid directly to eligible trading accounts within 48 hours after the week closes There was also an extra OpenAI spot and perp activity bonus, but that qualifying window ended on Nov 4 at 19:00 UTC #OndoPerps #USDC
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