New announcement from 0xmgb in Discord:
Welcome back to the Variational biweekly update!
Product
• The most recent mainnet release was v0.32.2.
◦ Launched swaps.
Community
• We launched the first swaps on Variational, with execution costs up to 8x lower than the most liquid TradFi perps.
• After less than two days, swaps crossed 1.25B in volume.
• Shortly after, we raised swaps OI limits and listed more swap markets.
• @ User, @ User, and @ User joined an X space with DeFi Llama Research to discuss the launch of swaps.
• Variational founder @ User went on the Odds on Open podcast to discuss his journey through quant finance.
• A new Variational stats page was released.
• The Variational protocol processed $2B in 24h volume, reaching a new all time high.
• The Variational treasury crossed $7M in USDC holdings.
Metrics
• Key Metrics
◦ Total Volume Traded: $318.68B
◦ Current Dual-Sided OI: $1.67B
◦ TVL (Excludes OLP Hedging Accounts): $208.36M
◦ Total Markets Currently Listed: 551
• Rewards Metrics
◦ Total Rewards Claimed: $8,094,935
◦ Total Losses Refunded (Sunset): $4,559,196
◦ Total Referral Rewards Claimed: $3,535,739
• Revenue Metrics
◦ 2w Spreads Paid (Gross Revenue): $5,080,820
◦ 2w Net Revenue: $2,278,641
◦ 2w Rewards: ($247,501)
◦ Referral Rewards: ($247,501)
◦ 2w Net Profit: $2,031,140
◦ Protocol Treasury: $1,016,164
◦ OLP PnL: $1,014,976
◦ Lifetime OLP PnL: $18,433,850
◦ Current Protocol Treasury Holdings: 7,361,084 USDC
We appreciate your continued trust and support @ everyone!
Welcome back to the Variational biweekly update!
Product
• The most recent mainnet release was v0.32.2.
◦ Launched swaps.
Community
• We launched the first swaps on Variational, with execution costs up to 8x lower than the most liquid TradFi perps.
• After less than two days, swaps crossed 1.25B in volume.
• Shortly after, we raised swaps OI limits and listed more swap markets.
• @ User, @ User, and @ User joined an X space with DeFi Llama Research to discuss the launch of swaps.
• Variational founder @ User went on the Odds on Open podcast to discuss his journey through quant finance.
• A new Variational stats page was released.
• The Variational protocol processed $2B in 24h volume, reaching a new all time high.
• The Variational treasury crossed $7M in USDC holdings.
Metrics
• Key Metrics
◦ Total Volume Traded: $318.68B
◦ Current Dual-Sided OI: $1.67B
◦ TVL (Excludes OLP Hedging Accounts): $208.36M
◦ Total Markets Currently Listed: 551
• Rewards Metrics
◦ Total Rewards Claimed: $8,094,935
◦ Total Losses Refunded (Sunset): $4,559,196
◦ Total Referral Rewards Claimed: $3,535,739
• Revenue Metrics
◦ 2w Spreads Paid (Gross Revenue): $5,080,820
◦ 2w Net Revenue: $2,278,641
◦ 2w Rewards: ($247,501)
◦ Referral Rewards: ($247,501)
◦ 2w Net Profit: $2,031,140
◦ Protocol Treasury: $1,016,164
◦ OLP PnL: $1,014,976
◦ Lifetime OLP PnL: $18,433,850
◦ Current Protocol Treasury Holdings: 7,361,084 USDC
We appreciate your continued trust and support @ everyone!
Discord
Discord - Group Chat That’s All Fun & Games
Discord is great for playing games and chilling with friends, or even building a worldwide community. Customize your own space to talk, play, and hang out.
❤4
New announcement from 333cas333 in Discord:
A swap for WTI Oil `$USOIL` is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/USOILP
@ here
A swap for WTI Oil `$USOIL` is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/USOILP
@ here
X (formerly Twitter)
Variational (@variational_io) on X
A swap for WTI Oil $USOIL is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
❤3
New announcement from 333cas333 in Discord:
A swap for Brent Oil`$UKOIL` is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/UKOILP
@ here
A swap for Brent Oil`$UKOIL` is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/UKOILP
@ here
X (formerly Twitter)
Variational (@variational_io) on X
A swap for Brent Oil $UKOIL is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
👍3
New announcement from 333cas333 in Discord:
For week 39 of the Omni points program, 150,000 points were distributed across 25,662 accounts.
X Post
@ here
For week 39 of the Omni points program, 150,000 points were distributed across 25,662 accounts.
X Post
@ here
X (formerly Twitter)
Variational (@variational_io) on X
For week 39 of the Omni points program, 150,000 points were distributed across 25,662 accounts.
❤4
New announcement from 333cas333 in Discord:
For week 40 of the Omni points program, 150,000 points were distributed across 25,967 accounts.
X Post
@ here
For week 40 of the Omni points program, 150,000 points were distributed across 25,967 accounts.
X Post
@ here
X (formerly Twitter)
Variational (@variational_io) on X
For week 40 of the Omni points program, 150,000 points were distributed across 25,967 accounts.
❤4
New announcement from 0xmgb in Discord:
Welcome back to another Variational biweekly update!
Product
• The most recent mainnet release was v0.34.0.
◦ Added in-app announcement page.
◦ Improved margin usage display.
◦ Improved notification display.
◦ Other miscellaneous UI improvements.
Community
• In just over two weeks from launch, swaps have crossed $10B in trading volume.
• Castle Labs released a research report demonstrating how swaps are the cheapest place to trade traditional markets in size.
• Variational reached a new all time high in 24h trading volume.
• The majority of trading volume on Variational is now on traditional markets, not crypto.
• Variational co-founder @ User was interviewed on When Shift Happens, one of crypto’s largest podcasts.
• DeFi Llama Research published a report on swaps.
• Variational co-founder @ User went on the Flirting with Models podcast to explain swaps and share what’s next up for Variational (24/7 swaps, Variational Pro, and more).
• More than 1.6k traders have signed up for the first Variational swaps trading competition. There’s still time left to sign up and compete if you haven’t already!
Metrics
• Key Metrics
◦ Total Volume Traded: $339.75B
◦ Current Dual-Sided OI: $1.83B
◦ TVL (Excludes OLP Hedging Accounts): $236.12M
◦ Total Markets Currently Listed: 552
• Rewards Metrics
◦ Total Rewards Claimed: $8,275,215
◦ Total Losses Refunded (Sunset): $4,559,196
◦ Total Referral Rewards Claimed: $3,716,019
• Revenue Metrics
◦ 2w Spreads Paid (Gross Revenue): $4,570,970
◦ 2w Net Revenue: $2,479,527
◦ 2w Rewards: ($211,814)
◦ Referral Rewards: ($211,814)
◦ 2w Net Profit: $2,267,713
◦ Protocol Treasury: $914,194
◦ OLP PnL: $1,353,519
◦ Lifetime OLP PnL: $19,787,369
◦ Current Protocol Treasury Holdings: 8,274,637 USDC
We appreciate your continued trust and support @ everyone!
Welcome back to another Variational biweekly update!
Product
• The most recent mainnet release was v0.34.0.
◦ Added in-app announcement page.
◦ Improved margin usage display.
◦ Improved notification display.
◦ Other miscellaneous UI improvements.
Community
• In just over two weeks from launch, swaps have crossed $10B in trading volume.
• Castle Labs released a research report demonstrating how swaps are the cheapest place to trade traditional markets in size.
• Variational reached a new all time high in 24h trading volume.
• The majority of trading volume on Variational is now on traditional markets, not crypto.
• Variational co-founder @ User was interviewed on When Shift Happens, one of crypto’s largest podcasts.
• DeFi Llama Research published a report on swaps.
• Variational co-founder @ User went on the Flirting with Models podcast to explain swaps and share what’s next up for Variational (24/7 swaps, Variational Pro, and more).
• More than 1.6k traders have signed up for the first Variational swaps trading competition. There’s still time left to sign up and compete if you haven’t already!
Metrics
• Key Metrics
◦ Total Volume Traded: $339.75B
◦ Current Dual-Sided OI: $1.83B
◦ TVL (Excludes OLP Hedging Accounts): $236.12M
◦ Total Markets Currently Listed: 552
• Rewards Metrics
◦ Total Rewards Claimed: $8,275,215
◦ Total Losses Refunded (Sunset): $4,559,196
◦ Total Referral Rewards Claimed: $3,716,019
• Revenue Metrics
◦ 2w Spreads Paid (Gross Revenue): $4,570,970
◦ 2w Net Revenue: $2,479,527
◦ 2w Rewards: ($211,814)
◦ Referral Rewards: ($211,814)
◦ 2w Net Profit: $2,267,713
◦ Protocol Treasury: $914,194
◦ OLP PnL: $1,353,519
◦ Lifetime OLP PnL: $19,787,369
◦ Current Protocol Treasury Holdings: 8,274,637 USDC
We appreciate your continued trust and support @ everyone!
Discord
Discord - Group Chat That’s All Fun & Games
Discord is great for playing games and chilling with friends, or even building a worldwide community. Customize your own space to talk, play, and hang out.
❤7
New announcement from 0xmgb in Discord:
The $VAR TGE has been set for Q4 2026, with a genesis airdrop of 32% of total supply. Weekly points distributions will continue until TGE. We’re sharing initial tokenomics information and the plan for points.
Tokenomics
At TGE, $VAR tokens will be split across the following buckets:
• Genesis Distribution [32%]: Tokens airdropped proportionally to points holdings. 100% of these tokens will be unlocked at TGE.
• Ecosystem Reserve [18%]: Tokens reserved by the Variational Foundation for ecosystem growth, allocated at the Foundation's discretion.
• Team and Investors [50%]: Tokens reserved for investors and for the current and future team members building Variational. Tokens are locked for 12 months after TGE, unlocking over a minimum of three years. Team members are also subject to individual vesting. The specific breakdown of supply between team and investors will be shared prior to TGE.
We intend to use 100% of revenue directed to the treasury to buy and burn the $VAR token.
Points
We planned to finish our points program at the end of Q3 and launch $VAR shortly after. We're moving that timeline back due to major strategic partnerships that redefine Variational’s trajectory. We're limited in what we can share right now, but suffice it to say, it's quite exciting, and we will release more information as soon as possible.
The 32% Genesis Distribution of $VAR tokens will be airdropped to traders in proportion to their Variational points. Weekly points distributions will continue until the $VAR TGE in Q4, with 150k points dropped each week.
An account must have 1 or more Variational points to be eligible to sign the $VAR Terms of Service and receive a portion of the Genesis Distribution. Unclaimed tokens from the Genesis Distribution will be burned.
What’s Next
In the final weeks before TGE, we’ll end the private beta and release Omni into public mainnet, expand our swaps offering, publish a trading API, and share detailed information about $VAR buybacks and token utility. As soon as we’re able, we’ll also release more information about our new partnerships and what they mean for Omni, Pro, and bringing TradFi markets on-chain.
Thank you to all Variational traders for your continued support. We look forward to the upcoming $VAR TGE.
X Post
@ everyone
The $VAR TGE has been set for Q4 2026, with a genesis airdrop of 32% of total supply. Weekly points distributions will continue until TGE. We’re sharing initial tokenomics information and the plan for points.
Tokenomics
At TGE, $VAR tokens will be split across the following buckets:
• Genesis Distribution [32%]: Tokens airdropped proportionally to points holdings. 100% of these tokens will be unlocked at TGE.
• Ecosystem Reserve [18%]: Tokens reserved by the Variational Foundation for ecosystem growth, allocated at the Foundation's discretion.
• Team and Investors [50%]: Tokens reserved for investors and for the current and future team members building Variational. Tokens are locked for 12 months after TGE, unlocking over a minimum of three years. Team members are also subject to individual vesting. The specific breakdown of supply between team and investors will be shared prior to TGE.
We intend to use 100% of revenue directed to the treasury to buy and burn the $VAR token.
Points
We planned to finish our points program at the end of Q3 and launch $VAR shortly after. We're moving that timeline back due to major strategic partnerships that redefine Variational’s trajectory. We're limited in what we can share right now, but suffice it to say, it's quite exciting, and we will release more information as soon as possible.
The 32% Genesis Distribution of $VAR tokens will be airdropped to traders in proportion to their Variational points. Weekly points distributions will continue until the $VAR TGE in Q4, with 150k points dropped each week.
An account must have 1 or more Variational points to be eligible to sign the $VAR Terms of Service and receive a portion of the Genesis Distribution. Unclaimed tokens from the Genesis Distribution will be burned.
What’s Next
In the final weeks before TGE, we’ll end the private beta and release Omni into public mainnet, expand our swaps offering, publish a trading API, and share detailed information about $VAR buybacks and token utility. As soon as we’re able, we’ll also release more information about our new partnerships and what they mean for Omni, Pro, and bringing TradFi markets on-chain.
Thank you to all Variational traders for your continued support. We look forward to the upcoming $VAR TGE.
X Post
@ everyone
X (formerly Twitter)
Variational (@variational_io) on X
$VAR Tokenomics and TGE Timing
🔥13❤1
New announcement from 333cas333 in Discord:
A swap for Taiwan Index`$TWI` is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/TWI
@ here
A swap for Taiwan Index`$TWI` is now live with zero fees, up to 5x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/TWI
@ here
X (formerly Twitter)
Variational (@variational_io) on X
A swap for Taiwan Index $TWI is now live with zero fees, up to 10x leverage, and direct TradFi liquidity.
❤1
New announcement from 333cas333 in Discord:
For week 41 of the Omni points program, 150,000 points were distributed across 30,358 accounts.
X Post
@ here
For week 41 of the Omni points program, 150,000 points were distributed across 30,358 accounts.
X Post
@ here
X (formerly Twitter)
Variational (@variational_io) on X
For week 41 of the Omni points program, 150,000 points were distributed across 30,358 accounts.
❤5
New announcement from 333cas333 in Discord:
A swap for Copper `$COPP` is now live with zero fees, up to 10x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/COPPP
@ here
A swap for Copper `$COPP` is now live with zero fees, up to 10x leverage, and direct TradFi liquidity.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/swap/COPPP
@ here
X (formerly Twitter)
Variational (@variational_io) on X
A swap for Copper $COPP is now live with zero fees, up to 10x leverage, and direct TradFi liquidity.
❤3
New announcement from 333cas333 in Discord:
SoFi Technologies `$SOFI` perps are now live with zero fees and up to 20x leverage.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/perpetual/SOFI
@ here
SoFi Technologies `$SOFI` perps are now live with zero fees and up to 20x leverage.
Listing ≠ endorsement. Always do your own research and trade with caution.
X Post
https://omni.variational.io/perpetual/SOFI
@ here
X (formerly Twitter)
Variational (@variational_io) on X
SoFi Technologies $SOFI perps are now live with zero fees and up to 20x leverage.
🔥2