A year and a half ago, we launched Omni to bring broker-style trading on-chain. Back then, we got excited about hitting $1M in daily volume. As we relentlessly iterated on our product with UI redesigns, spread improvements, new order types, and more listings, our user base grew exponentially. Eventually, we started seeing $10M, $100M, $500M, $1B+ days.
Now, Omni is one of the largest on-chain trading venues by any metric: $3B+ in daily volume and nearly $2B in open interest. More than half of the platform's activity is in non-crypto markets. That rapid growth is driven primarily by swaps, our new instrument bringing TradFi liquidity on-chain.
Omni was (and continues to be) shaped by the feedback of traders. Hyperliquid proved that if you do right by your community, they will do right by you. That's why 32% of $VAR is going to Variational traders at TGE, fully unlocked. No external market makers on Omni, and no points for OLP. 100% of the allocation goes to real users.
We have so much left to build: trading API, 24/7 swaps liquidity, spread rebates, OLP deposits, spot markets, and Pro for options. TGE will be just the start of our journey to make Variational the best place for retail and institutions to trade any global market on-chain.
I'm excited to share more about our upcoming partnerships. For now I'll just say that the wait will be worth it. See you in Q4.
@Meatball5296191@mymixtapez not true at all bruv. All kind of collections are worth way more in few years. You just need to be buying with knowledge. But yea this nigga is clueless
@d_stonegrave@thenodeproject All the best, brothers, from the Balkans ✊
Europe has always had tough battles to fight throughout history, and somehow we always prevail. We are resilient motherfuckers. Maybe we sadly always need it. That famous circle :
@Xazokgw@Mick_O_Keeffe Ireland never conquered America , Britain did. Ireland itself was a colonized country. Many Irish arrived in the US as famine refugees or indentured servants, not as conquering settlers 😭
@jackavons@jacksonhinkle ffs bro instead of seeking for peace ure acting like a moron my dick is longer than yours. U do aware that there is no winners yes? especially for plebs 😭
@ChipActual@MarioBojic Avg murican is obese, drowning in debt, crushed by a predatory healthcare system, and failing basic education, yet you’re out here calling others fools 😭