Campaigns

Ondo Perps rewards: cash pools, points and expiring credits

Ondo has several overlapping programmes. Separate a weekly USDC allocation from points, referral credits and fee rebates before comparing their value.

Put the weekly allocations in separate columns

For 29 September–6 October, Ondo’s published schedule assigns 175,000 USDC to Week 18. The app says shares depend on trading activity, with payouts two days after the weekly close. That is a shared allocation, so the headline cannot tell you what one account will earn.

A separate points page displays five million Ondo Foundation points per week. Keep those in a different column from USDC. The reviewed page establishes neither a cash conversion nor a promised token distribution. An account can have a visible points balance without a calculable financial return.

The $20 offer is a credit with an expiry

September’s referral campaign awards qualifying newcomers and their referrers $20 each, from a capped pool. The crucial condition is its form: non-withdrawable USDC credit that expires after 30 days.

Treat it as a possible reduction in future trading costs. A person who would not otherwise trade before expiry should not value it like a $20 bank transfer. The campaign card lists the entry requirements and the unresolved timing question for late sign-ups.

The Korea Blockchain Week percentages have different recipients

The open KBW tier gives the referred trader a 20% rebate and the referrer a 30% commission. Adding those percentages would misstate either person’s benefit. Entry through the campaign page is required, and an account upgrade may take up to 48 hours.

Use the tier actually activated on the account. The higher MAX rates require an invitation; they are not the default offer.

A spot fee holiday does not cover the whole position

The spot promotion covers 28 September through 28 October. If you combine a spot holding with a perpetual hedge, the waived spot fee is only one line of that trade’s costs.

Hypothetically, record the spot fill, the perpetual fill, funding and the exit separately. A zero in one column does not make the total zero. The announcement does not publish an exact closing time for 28 October.

Track what can actually be used

A useful record has four balances: USDC paid, points recorded, credit still usable and fees rebated. Add the qualification window and any expiry beside each. This makes it possible to see whether a reward was received, remains conditional or has already expired.

Eligibility comes before that comparison. Ondo’s terms exclude restricted persons, including the United States, Canada and Panama, and contain a broader restricted-territory definition. The offer headline is not an eligibility check.

Projects in this article

Ondo Perps

Sources & further reading

Sources consulted . Rules and documentation can change.

01USDC rewards page02Public weekly reward schedule03Ondo Foundation points in the app04September referral credit rules05Korea Blockchain Week boost rules06Spot trading fee holiday07Trading fee documentation08Platform eligibility and terms
Editorial approachHow we use AI