VariationaI ProtocoI

The most rewarding place to trade perps. Enjoy zero fees on 500+ listings while earning loss refunds and rebates.

[Variational @variational_io]

Weekly Omni Retail Sentiment Index:

Today, traders on Omni are long $AAVE, $XMR, & $PUMP and short $XLM, $WLFI, & $ADA.

Total non-OLP OI is currently 55% Long / 45% Short.

[Variational @variational_io]

To find which tokens to put in the retail sentiment index, we take all tokens with $0.5M+ in non-OLP open interest, and find the three with the highest % of OI that is long and the three with the highest % of OI that is short.

[Variational @variational_io]

Variational's RFQ model allows liquidity to be provided as-needed (as opposed to requiring resting orders in books)

This allows Omni to have the most listed markets of any on-chain trading platform (450+ even before RWAs) without compromising on spreads or liquidity depth.

[Variational @variational_io]

Today, we rolled OLP's new spread model out to $HYPE.

Enjoy tighter spreads and cheaper execution across all order sizes.

[Variational @variational_io]

For week 13 of the Omni points program, 150,000 points were distributed across 23,335 accounts.

[Variational @variational_io]

While our current focus is exclusively on Omni for perps trading, the long-term vision of the Variational Protocol is to support a variety of apps.

Variational Pro, for example, is designed to streamline the $1T+ OTC derivatives market with an on-chain RFQ system.

[Variational @variational_io]

Read more about Pro in the Variational Docs: https://t.co/8bUJ2UJ8Vt

[Variational @variational_io]

Since the spread improvements made ~1 month ago, Omni has continuously ranked as one of the cheapest places to trade BTC perps.

[Variational @variational_io]

Sources:
➡️ @ilyessghz2's https://t.co/dOuzZ3Cto5
➡️ @fnatiqmambo's https://t.co/5O0kFBKhlh

[Variational @variational_io]

Weekly Omni Retail Sentiment Index:

Today, traders on Omni are long $AAVE, $XMR, & $PUMP and short $XLM, $JUP, & $WLFI.

Total OI is currently 51% Long / 49% Short.

[Variational @variational_io]

To find which tokens to put in the retail sentiment index, we take all tokens with $0.5M+ in retail (non-OLP) open interest, and find the three with the highest % of OI that is long and the three with the highest % of OI that is short.

[Variational @variational_io]

Omni has paid out over 2 million USDC in referral rewards to users.

Once you've traded enough to get a referral code, invite your friends to earn extra USDC and points!

[Variational @variational_io]

Welcome back to our biweekly update!

PRODUCT
➡️ The most recent mainnet release was v0.1.11.
➡️ Added slippage limits for TP/SL/trigger orders.
➡️ Rework of loss refund mechanism: accounts can now receive a maximum of 1 loss refund per week (previously 3 per day), and loss refunds will only be processed when the loss refund pool balance is >5000 USDC (previously >100 USDC).
➡️ Added shareouts to the leaderboard.
➡️ More listing engine improvements.
➡️ Modifications to read API to be compatible with CoinGecko / CoinMarketCap reporting requirements.

METRICS
➡️ Total Volume Traded: $178.52B
➡️ Current Dual-Sided OI: $673.07M
➡️ TVL (Excludes Some OLP Hedging Accounts): $106.88M
➡️ Total Tokens Currently Listed: 470
➡️ Total Rewards Claimed: $6,392,067
➡️ Total Losses Refunded: $4,381,625
➡️ Total Referral Rewards Claimed: $2,010,442
➡️ Daily Active Users (avg. over past week): 10,954
➡️ Weekly Active Users: 19,071
➡️ 2w Spreads Paid (Gross Revenue): $1,758,330
➡️ 2w Market Making Costs (Cost of Revenue): ($1,140,903)
➡️ 2w Net Revenue: $617,427
➡️ 2w Rewards: ($260,884)
➡️ Loss Refunds: ($175,833)
➡️ Referral Rewards: ($85,051)
➡️ 2w Net Profit: $356,543
➡️ Protocol Treasury: $175,833
➡️ OLP PnL: $180,710
➡️ Lifetime OLP PnL: $11,529,597

As always, we appreciate your continued support!

[VariationaI ProtocoI @Variationalprtc]

If you want to move people, you look for a point of sensitivity, and in Egypt nothing moves people as much as religion

[VariationaI ProtocoI @Variationalprtc]

@recruitmentGA min berkas apa saja yang harus di kirim ke email [email protected]? soalnya saat register eror terus

[VariationaI ProtocoI @Variationalprtc]

@TelkomCare sy telat sehari membayar indihome & internet diputus, nmn stlh dibayar internet msh blm bisa di pakai lagi. Knp y hrs lapor kmn

[Football-e @Footballe]

#Sagittarius mungkin orang paling awkward, suka bingung sendiri kadang harus ngapain atau harus ngomong apa

[VariationaI ProtocoI @Variationalprtc]

Thanks buat liburan singkatny ! Sampai Jumpa lagi {} @ Kampoeng Awi Resto, the Green Forest Resort & Spa https://t.co/omKMCsRLUD

[VariationaI ProtocoI @Variationalprtc]

Biar keliatan anak Bandung

Taken by __sheilaaa_ https://t.co/l8NhiBJ7OS

[VariationaI ProtocoI @Variationalprtc]

Tumben ey bisa so sweet, biasanya ngebully mulu ekekek
Happy 22 Andrew \(^0^\)(/^0^)/ ILY♥ @andrianmr https://t.co/hPw5FmlEPp