Ondo Perps Introduces Three-Pool USDC Rewards Structure
Ondo Perps will launch a new three-pool USDC rewards system on October 26, incentivizing various user activities.
Ondo Perps will launch a new three-pool USDC rewards system on October 26, incentivizing various user activities. USDC (USDC) is trading at ₹95.03 ($0.9998). This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Wed, 21 Oct 2026 00:15:01 UTC.
The new rewards structure aims to incentivize liquidity provision, trading volume, and institutional adoption of tokenized private markets, potentially boosting USDC utility and Ondo's ecosystem growth.
- Three-pool USDC rewards launch on October 26
- Incentives target makers, takers, and OPAIPon spot traders
- Rewards tied to institutional adoption of tokenized private markets
- USDC market cap remains stable at $72.15B
Ondo Perps is set to launch a new three-pool 
USDC rewards system on October 26, according to TronWeekly. This upgrade aims to incentivize various user activities within the Ondo ecosystem.
The three-pool structure includes rewards for makers within 25 basis points, takers based on trading volume and open interest, and OPAIPon spot traders through a rotating bonus. The bonus for spot traders is tied to the growth of institutional adoption in tokenized private markets.
This development comes as the total crypto market cap stands at $2.85 trillion, with 
Bitcoin up 1.22% in the last 24 hours. The Fear & Greed Index is at 55, indicating a state of 'Greed' in the market.
USDC, the stablecoin at the center of this rewards system, has a circulating supply of $72.21 billion, according to DeFiLlama. The coin's price remains stable at $0.999719, with minimal movement over the past week. Ondo (ONDO), the token associated with Ondo Perps, has seen a 4.13% increase in the last 24 hours but is down 2.56% over the week.
The introduction of this rewards system could potentially drive more liquidity and trading activity within the Ondo ecosystem, while also encouraging institutional participation in tokenized private markets.
Since this brief published about 1 hour ago, USDC (USDC) has moved from ₹95.03$0.9997 to ₹95.03$0.9998 — +0.01%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₹103.79 (about $0.9998), down 0.0% over 24 hours. The rupee itself trades about 9.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 20, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Ondo Perps Introduces Three-Pool USDC Rewards Structure — questions & answers
What is the new USDC rewards structure?
The new structure includes three pools: makers within 25 bps, takers based on volume and open interest, and OPAIPon spot traders with a bonus tied to institutional adoption.
When will the new rewards system launch?
The three-pool USDC rewards system will launch on October 26.
How does the bonus for spot traders work?
The bonus for OPAIPon spot traders is tied to the growth of institutional adoption in tokenized private markets.
How much is 1 USDC worth in rupee today?
About ₹103.79 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9998. The rupee price moves with both USDC's US-dollar price and the USDT/INR rate; use our USDC in rupee page for any amount.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from TronWeekly. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.