Ondo Perps Raises Weekly USDC Incentives to $280K
Ondo Perps set $280,000 in weekly USDC rewards for three trading pools during November 10-16.
Ondo Perps set $280,000 in weekly USDC rewards for three trading pools during November 10-16. USDC (USDC) is trading at ₹93.88 ($0.9995). This is an original Token Times brief based on reporting by TronWeekly, with live market data added, as of Tue, 10 Nov 2026 14:15:01 UTC.
The rewards directly incentivize tighter quotes, active trading and sustained open interest in tokenized perpetual markets, making participation economics relevant to traders and liquidity providers.
- Weekly USDC rewards increased 12% to $280,000
- Liquidity and volume each received $125,000
- Open interest received $30,000
- USDC supply stood at $70.26 billion
- Aave Highlights USDC Incentives for Coinbase Tokenized Stocks
- Ondo Perps Raises Weekly USDC Incentives to $280K — this brief
TronWeekly reports that 
Ondo Perps increased its weekly 
USDC rewards to $280,000 for November 10-16. The allocation covers three pools: $125,000 for liquidity, $125,000 for volume and $30,000 for open interest. The program is available to eligible traders globally.
The 12% increase is intended to reward tighter quoting, active trading and the maintenance of positions in tokenized perpetual markets. Liquidity and volume account for $250,000 of the total incentive, while open interest makes up the remaining $30,000.
TronWeekly is the only outlet supplying coverage of the reward schedule, and no second outlet was available to corroborate its allocation or the reported increase. The cited figures therefore come from a single source, while independently verified on-chain data separately places USDC’s circulating supply at $70.26 billion.
Live market context is subdued: the total crypto market capitalization is $2.54 trillion and the broader market is flat. 
Bitcoin fell 0.90% over 24 hours, while the Fear & Greed index registered 32, indicating fear. USDC trades at $0.999541, up 0.01% over 24 hours and 0.03% over seven days, with a $70.01 billion market capitalization. Ondo’s ONDO token is $0.369997, up 3.18% over 24 hours but down 4.30% over seven days.
Since this brief published about 1 hour ago, USDC (USDC) has moved from ₹93.89$0.9995 to ₹93.88$0.9995 — -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 ≈ ₹99.95 (about $0.9995), up 0.0% over 24 hours. The rupee itself trades about 6.5% 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 · November 10, 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 Raises Weekly USDC Incentives to $280K — questions & answers
How much are Ondo Perps weekly USDC rewards?
The weekly reward pool totals $280,000 for November 10-16, representing a 12% increase according to TronWeekly.
How are the rewards divided across pools?
Liquidity and volume each receive $125,000, while open interest receives $30,000.
Who is eligible for the rewards?
The program is available to eligible traders globally during the stated reward period.
How much is 1 USDC worth in rupee today?
About ₹99.95 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.9995. 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.