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People farm perp DEX with a funny name and no revenue, but @OndoPerps is where you suddenly need proof. Most of those won't live to TGE. They don't make money, and nobody can explain why the product needs to exist. @Ondo leads RWA tokenization, has PMF, real revenue and a token that already trades, so you can price what you're farming. Ondo Perps exists because that business needs its own venue for its own product. A DEX built for that reason doesn't shut down after TGE. And fee switch is still coming. Once it's live, ethereum:0xfaba6f8e4a5e8ab82f62fe7c39859fa577269be3 gets a direct line to that revenue and becomes worth more to hold. So you doubt the one farm where the reward has a known price, and trust the ones where the reward may never exist. I don't expect life-changing money from Ondo Perps, but among perp DEXs it looks like the most underrated bet with the best upside.

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