Ondo has launched Ondo Network, a verifiable execution layer combining the speed and privacy of centralized exchanges with blockchain-based settlement and noncustodial asset control. The network is already live and powers Ondo Perps, the perpetual futures platform introduced last week. The architecture separates trade execution from settlement: application logic runs in secure execution environments (TEE) while asset transfers settle on public blockchains. A decentralized group of attestors verifies each secure environment and separately controls system keys, preventing any single operator from modifying the software or moving user funds independently.
Source: Read the original article
