Ondo Perps CEO David Wells stated that there is a 'huge opportunity' in the U.S. perpetual contracts market. While it makes sense for Ondo to explore this market, the team has not yet made significant progress nor confirmed plans to launch related products in the U.S. Wells mentioned that perpetual contracts in the U.S. market might have a similar product structure to overseas versions, but settlement and clearing methods would need to be adjusted to comply with U.S. regulatory requirements. This could ultimately result in two different models for the U.S. and other markets. Since its launch in July this year, Ondo Perps has achieved a cumulative trading volume of approximately $14 billion, with recent open interest exceeding $100 million. Ondo Finance has previously submitted comment letters to the SEC and CFTC, arguing that the existing U.S. regulatory framework can accommodate stock perpetual contracts. (The Block) https://www.(wublock123.com)/news/ondo-perps-ceo-us-perpetuals-market-big-opportunity-different-product-model-69196