Over the past few days, Ondo has been releasing a string of explosive updates, so I had to put together this summary for everyone. There are two critical points regarding both product positioning and infrastructure that no one following RWA Perps can afford to miss. First, Ondo Perps has officially surpassed Lighter in 24-hour trading volume on DefiLlama within the RWA Perps category. Securing the #1 spot demonstrates that the product is drawing massive liquidity from TradFi. Traders are now coming here to trade stocks 24/7/365 with tight spreads and minimal slippage—no longer forced to sit idle while TradFi markets are closed 80% of the week. Second, the Ondo Network has officially launched. This marks the evolution of the Ondo Chain vision, serving as a complete execution layer for open finance. This new architecture delivers speed and privacy comparable to CEXs, while preserving the transparency and non-custodial nature of blockchain. Ondo Perps is the first application built on this platform. Regarding my personal position from last week: my 10X long on TSLA, held over the week, remains fully aligned with my strategy. With an entry price of $310.31, a current mark price of $306.53, and a safe liquidation price at $269.09, the position is still well within control despite a slight unrealized loss of $3.78. From the recent Ondo Points campaign, I earned 5 points, equivalent to a $0.25 reward. While the amount is small, the strategy of holding open interest has proven extremely effective—it allows me to steadily accumulate points from the weekly 5-million-point pool without incurring costs from frequent entry and exit trades. Have you started farming Ondo Points yet? Are you short-term trading for volume, or holding open interest like I am? Share your approach below!